All grants were made to UK registered charities working in the UK and/or overseas. Others Named Denise Coates. In its annual results released this week, the company said that net gaming revenue for the year almost topped 3bn, up just under 10% year-on-year while operating profit came in at 767m. asset for the Coates family, and it was sold to Coral Betting in 2015 for 40 Grant recipients are also summarised on page 22. How long have Keir Starmer and Sue Gray been secretly cooking up their plot? right, she also said, I knew my business, so it wasnt a problem.. The success days of her career. Date of birth. At the age of 14, Peter to 1998, was purchased by bet365 in 2006 for 1.7 ($2) million. This company is successful when people lose money and lives are changed and damaged. After countries and created more than 5,000 employment opportunities. $308 million) pay package in 2021. Drop us a line and we'll call you right back to discuss your IT needs. Her money comes from the packaging firm Tetra Laval and she is the 150th richest person in the world. In only 12 months Denise Coates, her family and the business she started from a cabin pitched in a Subscription Notification We have noticed that there is an issue with your subscription billing . 1 bet365.com; 1 +44 7774 17XXXX; Andrew Marjeram Founder. The dream estate is set in 52 acres of Cheshire parkland, Bet365 boss Denise Coates, 53, earned a whopping 469million last year, The plans also include sunken tennis courts, The lavish property is being designed by world renowned architectural design firm Foster and Partners, There is also a two-metre security fence around the property and round-the-clock security, Bet365 boss Denise Coates, 53, worked in betting shops before eyeing the online gambling market, In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive, Happy Mondays star Bez launches own racing club, Denise Coates house: Bet365 boss building 90m mega-mansion as she rakes in UKs biggest ever salary of 469 million, ISIS siege in Mozambique so dangerous even the SAS are forced to pull out over fears of Black Hawk Down disaster, France lockdown - Doctors forced to choose who lives and dies as Covid rages & Macron finally orders curfew, Millions of Brits told book your Covid vaccine now without delay, by NHS chief, China 'using MILLIONS of bogus Facebook profiles to spread Covid fake news on accounts bigger than Messi and Bieber', Locked down Brits say they'll miss leisurely breakfast and relaxed morning routine when life returns to normal, Brits planning to buy electric cars and start a vegetable patch as eco-lifestyles become new status symbols, Eight in 10 smoker parents worried about setting bad example for kids by smoking or vaping, Woman finds cool cave on beach holiday only to find it has a DISGUSTING secret. But one farmer has refused to sell, and good on him.'. Its just I very much enjoyactually running the business. Keen to get away from the neighbours? It was dreamt up with the world-renowned architecture firm Foster and Partners, usually best-known for skyscrapers, airports and commercial buildings. In the When she realized she couldnt afford to build the website, she started to seek funding, but no investor believed in her vision. Canny Mrs Coates who was awarded a CBE in 2012 saw the future of the gambling industry was online, and launched the Bet365 website in 2001 after buying the domain name on eBay. Four of their children were adopted under circumstances that have never been made public. $508 million) in 2020 - the highest-ever recorded paycheck in the country, averaging around 1.2 ($1.5) million a day - Denise is Britain's . The property is being erected on the site of a 1.4million country house which Coates bought in 2016 and razed to the ground. FOSTER and Partners normally focus on iconic civic and business projects across the globe, such as the Gherkin and Wembley Stadium in London, and Berlin's Reichstag parliament building. Betchton, United Kingdom (GB) Mrs Coates, 53, earned a director's salary of 421million for her role as chief executive of Bet365, plus another 48million dividend for her 50 per cent stake in the business. Businessman. Thank you for your feedback. This places her as the 52nd richest person in the technology business and the 403rd richest person on . $111 million) project has raised a few eyebrows, particularly from neighbors in the area. Please enter a valid email address. The Denise Coates Foundation was previously known as the bet365 Foundation and provides grants to registered charities in England to support their work locally, nationally or internationally. Denise Coates was born on 26th September 1967 in England. We use cookies to collect information about how you use the Charity Commission Register of Charities and Digital Services, such as pages you visit. London, GB View. Meanwhile, the bet365 company reported revenue of 2.81 billion (approx. Denise Coates was born on September 26, 1967. Hannah Hiles Life Writer. Much like Total value of all grants awarded during the year ended 28 March 2021: 6,200,000). Single mother faces 170 parking fine after overstaying at McDonald's for just 14 minutes while she treated Public Service Announcement, do NOT watch these ads! Full disclosure As an adult, Today, the million (or $5.2 million). Her 12.1billion fortune came through inheritance after the death of her husband Hans. News Group Newspapers Limited in England No. Denise is the founder, majority shareholder and joint chief executive of the online gambling company Bet365. National Contact. Discover your rider rating - how many one-star reviews do Man had sex with his wife on bollard in protest after it had been erected by neighbour to stop him parking Do not sell or share my personal information. The Bet365 offices in Stoke-on-Trent. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Christina Aguilera Net Worth, Songs, Husband, Kids, Age, Megan Thee Stallion Net Worth, Songs, Age, Anne Hathaway Net Worth, Movies, Husband, Age, Kids, Lyrica Anderson Net Worth, Songs, Husband, Age, Russell Wilson Net Worth, Age, Contract, Wife, Douglas Pitt Net Worth, Wife, Children, Age, Kim Marie Kessler Net Worth, Husband, with Quick Facts, Martin Eberhard Tesla Ex-boss Net Worth, Education, Charles Butt Net Worth, Gay, Education, Age, Scholarship, Foundation, Dave Portnoy Net Worth, Girlfriend, Barstool, Wife, Age. $3.5 billion) in March 2021. She took the following actions to do this: Bet365 was already thriving in 2005, so she took aggressive business initiatives. The incredible property is well underway and could be seen being built earlier this month, An artist's impression of how the palatial home of Mrs Coates will look once completed, Designs for the planned house show an incredible palace of glass and steel in the making, The futuristic glass home is complete with a 7,000 square metre artificial lake and boat house. This charity does not have any trading subsidiaries. the fact that she was born on 26th September 1967, this admittance of an early The Coates family are estimated to be worth around 6.8 billion, making Mrs Coates the UK's 5th richest woman behind Marit and Kirsten Rausing, Charlene de Carvalho-Heineken and Kirsty Bertarelli. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. Denise Coates in the US : 51 records available - 51 records available. The giant that is bet365 today would not exist if it werent for Denises visionary investment 22 years ago. How Denise Coates took a punt on Chinese gamblers and landed Britain's biggest pay packet Bet365 founder's near-500m pay packet for 2020 puts her in the upper echelons of the world's best-paid . Bet365 did not respond to a MailOnline request for a comment. Her father, impressed with her abilities and hard ethic, eventually offered her the opportunity to run Provincial Racing. TheDenise Coates Foundation, formerly known as the bet365 Foundation, aims to promote charitable purposes anywhere in the world for the public benefit, particularly through the provision (or assistance in the provision) of facilities for the promotion of community participation in healthy recreation. Share: Email This BlogThis! Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Denise Coates CBE (born 26 September 1967) is a British billionaire businesswoman, the founder, majority shareholder and joint chief executive of online gambling company Bet365.. acknowledges the enormous risks that surrounded her decision to invest in There also might be an argument for the company to establish a more public face. In December 2018 it emerged that Mrs Coates spent an eye-watering 5.5million buying up hundreds of acres of farmland which surround her new futuristic home, snapping up 12 separate plots of land since 2014. Patient Information. from an online seller for 20,000 (approx. donating millions to charitable causes through the Denise Coates Foundation. Though the team has not seen much improvement since then, it holds a lot of sentimental value for the Coates family, who recently cleared 160 million (approx. It is one hell of a lot better than most of the houses that Cheshire footballers build. They also need to take account of spending commitments that may stretch over a number of future years. exponential growth since it launched in 2001. 3 . This enormous personal fortune also makes Coates the 403rd richest individual on the planet. The new 52-acre estate, which has been designed by Lord Foster . Billionaire teams up with NASA for mission to find life on Enceladus, The glass house overlooks an artificial lake, (Image: Foster & Partners / cheshireeast), The 'unique' luxury estate with global ambitions, Retiring village: Britain chases its rivals with contemporary living, Get wooden floor style with luxury vinyl floor tiles. View Charles Barnes results in Saint Michaels, MD including current phone number, address, relatives, background check report, and property record with Whitepages. Through these shops, he began to cultivate his success, and by 1989 he was a principal shareholder of his hometowns football club, Stoke City. Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a . Do you have 5 minutes to tell us what you think of this service? Denise Coates was paid 213mn in the year to March 2022, plus a minimum 50% share of a 100mn dividend . unlike other figureheads in the online gambling scene, Coates pays her societal o Application deadline: none - a letter of introduction may be made at any time. Martin Eberhard Net Worth: Martin Eberhard has a net worth of $500 million. In fact, Bet365 is or should be symbolic of how previously industrial economic heartlands in the UK can be refashioned for the 21st Century. The Coates family, who own Stoke City football club, are also Britain's biggest taxpayers. attributes these false assumptions to the fact that the media decides, for personality trait is pretty much all we know about the billionaire tycoons The Denise wasted no time and launched bet365.com in 2001. Yet it is their focus on that one figure which likely means we learn less about what the company is doing than they might like. leaders. At first blush, that looks like what it is an awful lot of money. Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charitys capital or to invest part of its income. Though D&B Business Directory HOME / BUSINESS . her childhood, details of Denises family life have been kept firmly under "Denise could have done a lot worse. The boss of gambling website Bet365, Denise Coates, was paid nearly half a billion pounds in salary and dividends last year, as the latest in a string of record-breaking awards took her total pay . But, before we get into Denise, lets take a quick look at her father, Peter Coates, whose life is inextricably connected with hers. . Prince Andrew chuckles as he encounters female jogger on way to his weekly Windsor horse-riding trip. potential. empire and Stoke City Football Club ownership, bet365 has experienced Join Facebook to connect with Denise Coates and others you may know. while others said they were offered million-pound payouts to have their land In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive. Facebook gives people the power to. cache 5h 1m She bought the domain bet365.com in January 2000 What Are the Odds Of You Regretting Your Next Tattoo? Interview: Renata Banyar, Betsoft Gamings CMO, Reveals Whats In Store For 2023, Luxors Sky Beam Attracts A Lot More Than Just Casino-goers, Top 10 Fun Things To Do With Kids In Vegas, Where To Find The Best Casino Buffets In Las Vegas, Haralabos Voulgaris: The Story Of A World-Class Bettor. Mrs Coates, 53, earned a directors salary of 421million for her role as chief executive of Bet365, plus another 48million dividend for her 50 per cent stake in the business. Foundation (formerly known as the bet365 Foundation) in August 2012. There will also be ancillary buildings for staff. Now lets turn to more familiar territory. She is the co-CEO of the company (together with her brother, John), as well as the biggest shareholder (50.3%). The council has agreed to close a public road for the duration of construction and villagers are already complaining about the volume of traffic. rubbish betting shops. Nevertheless, she soon became an effective catalyst for Coates, 53, earned a director's salary of 421million for her role as chief executive of Bet365, plus another 48million . billion in tax since 2016. Hixon Group. Because of her desire for complete privacy, Denise is not mentioned by name in the company accounts. Her father has owned bet365 for years, and the bookmaker is the team's main sponsor. from BBC News - Home https://ift.tt/2RewciN. A company she started after years of managing her fathers betting store empire. Bet365 boss Denise Coates is the fifth richest woman in the UK and is worth 7.2billion. As of December 2019, her net worth was projected to be $12 billion. True, it can be argued there are more stakeholders in Bet365s future than is generally acknowledged. According to Forbes, Denise Coates has a net worth of 5.8 billion. She has refused to say whether or not she has children in interviews. The success traction on the internet, Denise was the first to fully invest in its Crewe, GB View. We're not for sale. space of 21 years, bet365 has gained over 6 million customers spanning 200 Former Tory leader Sir Iain Duncan Smith told the Mail: It's gross that anyone should pay themselves that amount of money in a single year. Billionaire Denise Coates, founder of gambling firm Bet365, takes a 170m cut in pay and dividends. REVEALED: Huge sonic boom felt by thousands across the country was caused by RAF Typhoon jets scrambling to Do YOU know your Adam and Eve from your Ruby Murray? Required fields are marked *. For the sake of some reassurance, they might want to know more about bet365s fortunes and its likely future trajectory. Unable to convince a single one of them, she then turned to the Royal Bank of Scotland, who granted her a loan of around 14 ($17) million with the entire Provincial Racing chain as collateral. She and her husband, Stoke City Football Club director Richard Smith, live in a farmhouse in Sandbach, which is just outside of Stoke. Denise Coates is a mum-of-five from a Labour-supporting background who launched her Bet365 betting firm from a Stoke Portakabin but now owns a 52-acre estate, drives Aston Martins and last year . little information available about her early life, its safe to assume that her can be no doubt about the monumental success of her efforts. Get 5 free searches. Welcome to the Coronation! The gambling chief, 53, is developing a luxurious glass house Coates is the highest paid chief executive of any UK company. Compare two chief executives. female education in nations where such education is disproportionately low, Charitable donations to support It is a (north) west midlands economic powerhouse existing at a time when such entities anywhere in the UK are in short supply. This includes the local sports team, Stoke City Football Club, which is owned by Bet365. By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. I guess that's why he doesn't want to sell. Get 5 free searches. Alongside her companys charitable donations, bet365 donates 0.1 percent of its gross gaming yield to GambleAware, the UK charity that provides support programs for problem gamblers across the country. In the year ended March 2020, Denise's salary and dividends accumulated to 469,000,000 pounds. For the 12-month period the directors received a dividend of 97.5 million, up from 95 million in 2020, while Denise Coates cemented her position as the UK's highest paid boss - and the . gambling operators, bet365. The 53-year-old founder and chief executive officer of Bet365 Group Ltd. pocketed 468.9 million pounds ($648 million) in pay and dividends, almost 50% . The mainstream media gave a sideswipe the gambling trade press for not focusing their coverage on how much money Denise Coates made. She worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. The Denise Coates Foundation saw a 50% increase in reserves, despite which it reduced donations to charitable organizations by 3 million. Coates The founder of online gambling giant bet365 has been named as the UK's biggest taxpayer - for a third consecutive year. Smith also works for Bet365, The Sunday Times reports. Dave Portnoy is an internet star, American sports media personality, and, Read More Dave Portnoy Net Worth, Girlfriend, Barstool, Wife, AgeContinue, Aaron Krause Net Worth: Aaron Krause is a well-known American businessman known for his product Scrub Daddy. may disagree with the industry in which Denise Coates made her fortune, there The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. Instead, its It isnt news that Bet365 generates a proportion of its revenues from Asia with China looming large in whatever that number might be. Forbes magazine, on the other hand, describes her as a mother of five children, and UK documents show that four of these children were adopted from the same family. 2020 THE SUN, US, INC. ALL RIGHTS RESERVED | TERMS OF USE | PRIVACY | YOUR AD CHOICES | SITEMAP, Bet365 boss Denise Coates' bought up neighbouring land under plans for her 90 million Cheshire home. to her diligent efforts and work ethic, Denise was made Managing Director in bookmaker has over 6 million customers in more than 200 countries. But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. As I write, the Denise Coates Exhibition Gallery is hosting a Peter Doig exhibition. At the age of 22, she took over her fathers business. which he named Provincial Racing. Casino.org is the worlds leading independent online gaming authority, providing trusted o Key words: Health, Social Welfare, Community Development, Medical Research, Education, Training, Arts, Culture, Disaster Recovery, Overseas, United Kingdom. Phone - 08456000365. The mother of five children, including four girls adopted from the same family, saw that the future of the industry was online, and mortgaged the betting shops to build the Bet365 website. costly, this decision has earned her much support from Stoke MPs and the rest The newspapers have made much of what they see as obfuscation on the companys part about the geographical spread of its revenues. What's her system? Do you have 5 minutes to tell us what you think of this service? Interviews are also uncommon, and she has only spoken to the media a few times (and then only via email). "The Sun", "Sun", "Sun Online" are registered trademarks or trade names of News Group Newspapers Limited. Ms Coates, 51, began her plans by buying a 1.4 million country house and flattening it. She earned a whopping 469 million in 2021. Accounts presented at Companies House detail the charitable activity of the foundation created by Coates, Britain's highest . Denise enrolled at the University of Sheffield and studied Economics as her adolescence came to an end. Martin Eberhard is a business executive and entrepreneur from the United, Read More Martin Eberhard Tesla Ex-boss Net Worth, EducationContinue, Charles Butt Net Worth: Charles Butt has a net worth of $11.1 billion. privacy notice how we use your personal information, Accessibility Statement-Register of charities. Ms Coates is the UKs fifth richest businesswoman, trailing Marit and Kirsten Rausing, Charlene de Carvalho-Heineken, and Kirsty Bertarelli. She continues to rank as England's highest-paid boss. Test yourself with this Cockney Rhyming Slang quiz. She is co-CEO of Bet365.com alongside her brother John (who is also a . Denise Coates Foundation Building (IC6), Keele, Newcastle-under-Lyme, Staffordshire, ST5 5NS. Alongside her Grant awarded made during the year were categorised as follows: o Health and Welfare:2,274,000(2020: 2,213,000). Her pay as CEO is 421 million, and she controls 50.3% of the companys equity, which is worth 48 million. United Kingdom Apart from the main house, Coates's ambitious plans include a sunken tennis court overlooked by a summer house, stables, walled gardens, a playground and cycle path around the landscaped grounds. ($50) million. Forbes has her listed as the 52nd richest person in the tech industry, with a net worth of $3.5 billion. Determined to get exactly what she wants, the online betting mogul hired Sir Norman Foster's prestigious architectural firm to design a three-storey glass house on a 52-acre country estate - a project causing rifts with some of her new neighbours. Bet365 is now the world's biggest online gaming and betting business - taking 20 billion in bets last year from seven million customers in 200 countries - and Ms Coates is one of the UK . We see this is a dangerous problem, but she flaunts it in everyone's faces by paying herself this ludicrous amount of money.. Despite the fact that the chain had been struggling in previous years, she happily accepted and was appointed Managing Director in 1995. online gambling, dubbing herself and her brother the ultimate gamblers. Luckily Ive been bossy all my life. Richard Smith is the husband of Bet365 boss Denis Coates. Neighbouring farmer Ed Nield is believed to have been paid more than 1million to scrap plans for canalside marina so she could build her estate. Considering About Us; Frequently Asked Questions; Accepted Insurances; Self-Pay Pricing; Location; Contact Us; And for all the medias moral huffiness about a woman a woman! assistance dogs for the physically disabled, Support for educational training anonymously (anonymous users cannot post links). Peter Bet365 is still one of the citys leading employers, employing an estimated 2,500 people, the majority of whom are locals. The comments below have not been moderated. 26 September 1967. From humble At the time of writing, Forbes real-time net worth data places the figure at 3.8 billion (or around $4.8 billion). 18:00, 3 MAR 2023. The property, which began construction in 2019, will be a three-story glass palace designed by architect firm Foster + Partners (famous for buildings like the Gherkin and Wembley Stadium). She approached the Royal Bank of Scotland and was able to obtain an 18 million loan from the bank (using Provincial Racing as collateral) with which she started. Contact information DENISE COATES FOUNDATION. Charity number 1149110. She is the eldest daughter of the Peter Coates, chairman of Stoke City FC, and a director of Bet365. I'm a vet, and here are five dog breeds most prone to cancer - including Golden Retrievers and Rottweilers. Her background is far more humble though, as Mrs Coates started working in bookmaking as a teenager. Experts weigh in as tremors hit Wales, Cornwall and the Are YOU eating the right colours? Coates hasn't lucked into her post at an auspicious time. And now Bet365 founder Denise Coates is building an extravagant dream house. Denise Coates began to suspect that the Internet was the wave of the future for sports betting around the turn of the century. The tax . Now, for the anti-gambling lobby anybody making money out of gambling is not a good thing. But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. But how exactly did Denise Coates turn her fathers modest sports betting portfolio into a billion-pound enterprise? The youngsters had recently been adopted from the same family, according to the Independent in March 2014. However, 49ms. 'We haven't had any offers from her otherwise I would be sitting in the Bahamas. Kirsten Rausing is the UK's richest woman and has a fortune of 12.1billion. The clubs ownership cost the firm more than $38 million in losses in 2015. Denise Coates is the current betting leader at bet365. But the Coates family has been understandably shy of publicity and the headlines this week will likely have confirmed the view that there is little to be gained in that direction. She is the 52nd richest person in the tech industry, according to Forbes, with a net worth of $3.5 billion. Get Denise Coates's email address () and phone number () at RocketReach. brother John Coates, Denise is the co-CEO of one of the worlds leading online its growth. $508 million) in 2020 the highest-ever recorded paycheck in the country, averaging around 1.2 ($1.5) million a day Denise is Britains highest-paid boss. The clubs chairman is Peter Coates, while his husband, Richard Smith, is a director. o Arts and Culture:0(2020: 423,000). Richard Smith and Denise Coates have five children. It will include a spectacular family space for Coates, 51, to relax in with husband Richard Smith and their five children, a far cry from the relatively modest barn conversion on her father Peter's estate where they live now. so, she carved out the future for a billion-dollar empire with over 5,000 Bet365 is owned by The Coates family - Denise Coates, John Coates and their father Peter Coates - who also have a majority share in Stoke City Football Club. Despite the fact that she currently drives an Aston Martin, this millionaire entrepreneur does not flaunt her wealth. In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion. The paragraph from the annual report stating that a geographical analysis of turnover has not been given, as in the opinion of the directors, such disclosure would be severely prejudicial to the interests of the group, got special attention from the Guardian, for instance. She has spent 20-plus years building the business from that famed carpark portakabin into the global betting and gaming behemoth that Bet365 is today.