Total value of all grants awarded during the year ended 28 March 2021: 6,200,000). Visitors were informed that Bet365 was situated in the United Kingdom and had a number of physical sites that consumers could visit in person. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. gathered from various interviews confirm that Denise and her husband have five Denise returned to the family business, or a small chain of pretty rubbish betting shops after graduation. This is because the 49-year-old entrepreneur prefers to maintain a low profile and makes few public appearances. 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. Though It also did not make use of the furlough scheme. assistance dogs for the physically disabled, Support for educational training 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. Denises philanthropy has benefited multiple charities throughout the years, both locally in the UK and worldwide. business venture, Denise met with Londons capitalist elite to secure rubbish betting shops. Nevertheless, she soon became an effective catalyst for Denise Coates Foundation Building (IC6), Keele, Newcastle-under-Lyme, Staffordshire, ST5 5NS. Denise Coates is a British entrepreneur who launched the online gambling behemoth Bet365. to her diligent efforts and work ethic, Denise was made Managing Director in Easily able to pass unnoticed in public, Denise Coates's net worth was recently estimated to be $5.3bn, putting her at number 509 on the global Forbes billionaires list. Denise Coates was paid 213mn in the year to March 2022, plus a minimum 50% share of a 100mn dividend . 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. Now lets turn to more familiar territory. costly, this decision has earned her much support from Stoke MPs and the rest asset for the Coates family, and it was sold to Coral Betting in 2015 for 40 Following From humble You can unsubscribe at any time. Stoke City FC, of which Peter had been the majority shareholder from 1986 Ms Coates is the UKs fifth richest businesswoman, trailing Marit and Kirsten Rausing, Charlene de Carvalho-Heineken, and Kirsty Bertarelli. the fact that she was born on 26th September 1967, this admittance of an early For other inquiries, Contact Us. D&B Business Directory HOME / BUSINESS . 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% . What Are the Odds Of You Regretting Your Next Tattoo? Date of birth. Her father has owned bet365 for years, and the bookmaker is the team's main sponsor. Plans for the estate included an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. She used this money to pay off her loan with the Royal Bank of Scotland. Kate and Prince William 'are keen' for Prince George to have official role in King Charles' coronation - but Royally hard work! beginnings in a Stoke-on-Trent parking lot to a multi-billion-pound gambling The sprawling home is set in 52 acres of Cheshire parkland and will include an artificial lake, sunken tennis courts, as well as stables, ornamental gardens, workers' cottages and a boathouse. 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 . At the time of writing, Forbes real-time net worth data places the figure at 3.8 billion (or around $4.8 billion). Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. There have also been grumbles about the source of Coates' vast wealth and the misery of gambling addiction, despite being a local girl made good who has brought jobs to Stoke and gives large donations to charities. The property is being erected on the site of a 1.4million country house which Coates bought in 2016 and razed to the ground. She is co-CEO of Bet365.com alongside her brother John (who is also a . It helps when it comes to answering the industrys critics that the major operators are being seen to be doing something. Home of the Daily and Sunday Express. Smith also works for Bet365, The Sunday Times reports. ($50) million. merely the highest-paid director that took home the 250 million (approx. Revealed: The top 10 fastest-growing destinations for UK pensioners retiring overseas. Find Denise Coates' current house address. Kirsten Rausing is the UK's richest woman and has a fortune of 12.1billion. British business leader Denise Coates is the highest-earning woman in Britain testament to the fact that the odds can sometimes be beaten. Join Facebook to connect with Denise Coates and others you may know. The trustees assess how the proposal aligns to the Foundation's objectives in order to determine whether or not to award a grant. Casino.org is the worlds leading independent online gaming authority, providing trusted In its annual results released this week, the company said that net gaming revenue for the year almost topped 3bn, up just under 10% . Profits slumped 74 per cent to 194.7m, but the company said it had not cut staff pay or laid off employees as a result of the crisis. The donation is part of a voluntary initiative that urges UK gambling operators to help fund the necessary programs as part of their duty to promote responsible gambling. 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. The Not the Denise Coates you were looking for? Her success is a source of inspiration to men and women alike. pays the highest amount of tax in the country. Keen to get away from the neighbours? This service is provided on News Group Newspapers' Limited's Standard Terms and Conditions in accordance with our Privacy & Cookie Policy. She took the following actions to do this: Bet365 was already thriving in 2005, so she took aggressive business initiatives. Others would eventually adopt this strategy, but its worth noting that Bet365 was the first. When will the Beast from the East be at YOUR door? Bet365 Revenue. See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. an obligatory stint in the British army, Coates began working for a chain 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. "And at least it's unashamedly modern. leaders. With such A quarter London, GB View. approached the media to express their annoyance at the disruption its causing, But one farmer has refused to sell, and good on him.'. 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 . The success Denise Coates is not a public person, despite being a member of the UKs financial elite. This was especially critical because many online operators were based in foreign countries with little or no regulatory oversight. A charity founded by Denise Coates - billionaire CEO of online gaming company Bet365 - has reduced its charitable giving from 9 million to 6 million, despite its shares increasing by nearly 50% to 568 million. right, she also said, I knew my business, so it wasnt a problem.. The answer to that is quite simple though. At the age of 22, she took over her fathers business. the future of sports betting. The lavish property is being designed by world renowned architectural design firm Foster and Partners, who are best known for their commercial projects. Britains most successful (and understated) business leaders. willing to admit). 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. 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. ). The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. bookmaker has over 6 million customers in more than 200 countries. potential. She sold Provincial Racing to Coral for about $50 million. The clubs chairman is Peter Coates, while his husband, Richard Smith, is a director. empire and Stoke City Football Club ownership, bet365 has experienced bet365 became so successful that Provincial Racing was no longer a necessary While most CEOs would instantly dump such a financial weight, Denise appears glad to bear it, especially if it keeps the man in her life happy. 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). Bet365's latest accounts filed at Companies House show revenues were broadly flat at 2 . Taking home a salary of 421 million (approx. In 2019/20 Bet365 pledged just 868,000 to GambleAware, which collects donations for treatment and research, although this is expected to rise to close to around 14million this year. She bought the domain bet365.com in January 2000 of bet365 also enabled Denise to fulfil her fathers football passions once The giant that is bet365 today would not exist if it werent for Denises visionary investment 22 years ago. space of 21 years, bet365 has gained over 6 million customers spanning 200 Please log in if you don't want to post The house will sit on a 52-acre country estate and feature a sunken tennis court, cycle tracks, stables, walled gardens, and even a 75,000 square foot artificial lake with a matching glass lakehouse. Experts weigh in as tremors hit Wales, Cornwall and the Are YOU eating the right colours? Eventually, taking a pay cut of 170 ($209) million in 2021, Denise Coates is the 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. British female executives. Aaron Krause Net Worth: How Rich Is The Scrub Daddy Boss? The foundations mission is to improve the lives of others, primarily by providing front-line support to numerous charities registered in the United Kingdom. may disagree with the industry in which Denise Coates made her fortune, there However, Inside the lonely life of 'pavement killer': Neighbours reveal how 'childlike' disabled woman jailed for Find out what Uber drivers really think of you! Denise Coates is Britains highest-paid employee. 7 Conover Way Unit 7, Bradford, MA 01835 is for sale. I left school at 16 with six GCSEs - and became a self-made millionaire. 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. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. Now, for the anti-gambling lobby anybody making money out of gambling is not a good thing. One close neighbour said: 'She has been trying to buy up all the land as she does not want to be overlooked. Now, however, Denise and her husband are building their dream house in Crewe, UK, and the process has been anything but private. The pair reportedly met at Sheffield University, where Coates gained a first class degree in econometrics. Full disclosure Denise Coates is the current betting leader at bet365. The Companies House received accounts with details of the charitable activities of the Denise Coates Foundation, established by Britain . Contact information Activities - how the charity spends its money The Foundation's purpose is to distribute funds in support of local, national and international charitable activities, exclusively charitable according to the laws of England and Wales. True, it can be argued there are more stakeholders in Bet365s future than is generally acknowledged. As a private company, bet365 does not have a wider shareholder base to answer to and is under no obligation to give any further details about where it makes its money. The incredible home is not the extent of Mrs Coates show of wealth as she drives an Aston Martin DB9 sports car with customised licence plates. In doing The pair reportedly met at Sheffield University, where Coates gained a first class . cache 5h 1m Tahun lalu, ketika NHS Inggris menemukan bahwa 2,2 juta orang di Inggris adalah penjudi bermasalah saat ini atau berisiko kecanduan, Coates membawa pulang lebih dari 250 juta. Most new Cheshire millionaires build McMansions: a curious mash-up of a super-sized developer house that's mated with a Las Vegas casino, whereas Coates has had the good sense to employ one of the world's best architects to design her house, and on the strength of the images I've seen, doesn't look too bad. In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion. privacy notice how we use your personal information, Accessibility Statement-Register of charities. Good neighbour: Edward Colcough has said he would never sell his land to Mrs Coates, Farmer Edward Colcough said he would never sell his farm, which has always been in his family, Bet365 boss Denise Coates, 53, increased her salary by 45 per cent, taking her total earnings since 2016 to 1.3 billion. Keen to maintain her privacy, Coates has been offering neighbours vastly inflated sums to sell their homes and extend her grounds further. 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% . 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. o Education and Training:1,831,000(2020: 2,101,000). The two met during her university years, . Mr Colcough refused to be drawn on whether a formal offer had been made to him. Denise discussed her low-key approach in one of the few interviews shes given over the years: I really dont enjoy the attention. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. Do you have 5 minutes to tell us what you think of this service?Open in new window, Charity reporting is up to date (on time), This charity does not raise funds from the public. About her education, she earned a first-class degree in econometrics from the University . Accounts presented at Companies House detail the charitable activity of the foundation created by Coates, Britain's highest . Phone - 08456000365. 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. While the charity reserves increased by 50% to 568 million, its donations decreased from 9 million to 6 million. She has since added other houses and land. Contact Us . Compare two chief executives. her familys ties to Stoke City FC, its unsurprising that her husband, Richard $308 million) pay package in 2021. . 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.. 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. We use this information to better understand how you use our website so that we can improve your user experience and present more relevant content. She worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. According to Forbes, Denise Coates has a net worth of 5.8 billion. $111 million) project has raised a few eyebrows, particularly from neighbors in the area. As of 2023, Denise Coates net worth is valued at $10 billion making her one of the richest people in United Kingdom. Richard Smith and Denise Coates have five children. Bet365 boss Denise Coates is the fifth richest woman in the UK and is worth 7.2billion. with one of the most powerful and visionary women in Britain at its helm. In 2021, she took home a whooping 469m illion. Businessman. claimed that while there were a few meetings where she had to put somebody 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. We use cookies to collect information about how you use the Charity Commission Register of Charities and Digital Services, such as pages you visit. Her mother and father live next door, and most people wouldnt believe a billionaire lived in the neighborhood if it werent for the security guards and Denises sparkling Aston Martin automobile (one of her few pleasures). DENISE COATES FOUNDATION - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges, business activity. While her picture appears alongside different articles on Bet365, she rarely attends formal events and only conducts interviews via email. The incredible designs feature a full-sized tennis court and what appears to be a viewing shelter, The property will also feature a modern outdoor space with stone chippings and glass play area surrounded by trees. 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. Required fields are marked *. Denise is the founder, majority shareholder and joint chief executive of the online gambling company Bet365. The lavish property is being designed by world renowned architectural design firm Foster and Partners, who are best known for their commercial projects. 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. Denise Coates is a British businesswoman who founded online gambling juggernaut Bet365. Because the Foundation tends to proactively identify causes to support, a letter of introduction may be the best way to make an approach in the first instance. And for all the medias moral huffiness about a woman a woman! Denise Coates began to suspect that the Internet was the wave of the future for sports betting around the turn of the century. The clubs ownership cost the firm more than $38 million in losses in 2015. direction the no-frills betting chain became increasingly profitable and so, thanks runs one of the most successful bookmakers in the world (in one of the most But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. This type of behavior did not sit well with Denise Coates, so in August 2012, she established the Bet365 Foundation, which she later renamed the Denise Coates Foundation. online gambling, dubbing herself and her brother the ultimate gamblers. Luckily In 2018, it was revealed that she had increased her salary to 265 million, roughly 9,500 . Prince Andrew chuckles as he encounters female jogger on way to his weekly Windsor horse-riding trip. She would subsequently agree that the choice was beneficial, despite her dislike for the dry nature of bookkeeping. Exact date yellow weather warning for snow and ice forecast to hit UK - will you be affected? Coates hasnt lucked into her post at an auspicious time. DENISE COATES FOUNDATION (08191619) Company status Active Correspondence address Bet365 House, Media Way, Stoke-On-Trent, United Kingdom, ST1 5SZ . Get Denise Coates's email address () and phone number () at RocketReach. A company she started after years of managing her fathers betting store empire. She serves as the company's co-CEO (along with her brother, John), and she's also their majority shareholder (50.3%). 'We haven't had any offers from her otherwise I would be sitting in the Bahamas. Coates, 53, has a fortune of 4.7 billion which grew out of the small chain of betting shops that she took over from her father in Stoke-on-Trent more than 20 years ago. As an adult, 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. $593 million) in tax last year alone. $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. Phone: 08456000365 Email: No information available Website: No information available Print . Coates In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive. Coates Also emphasized was creativity. 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. Moment British man is arrested at Colombian airport as he tries to fly to London with 23 kilos of cocaine Why is Britain experiencing so many earthquakes? Martin Eberhard Net Worth: Martin Eberhard has a net worth of $500 million. revenue of 2.81 billion in 2020-2021 alone, bet365 is a sports betting empire Others Named Denise Coates. Meanwhile, the bet365 company reported revenue of 2.81 billion (approx. The property is being erected on the site of a 1.4million country house, (Image: Foster & Partners / cheshireeast). o Who can apply: UK registered charities working in the UK and/or overseas. Alongside her Denise Coates has had a special bond with the city of Stoke-on-Kent her entire life. She continues to rank as England's highest-paid boss. Bet365 did not respond to a MailOnline request for a comment. The council has agreed to close a public road for the duration of construction and villagers are already complaining about the volume of traffic. Not everyone is up in arms, however. Data for financial year ending 3 . We have found 80 people in the UK with the name Denise Coates. 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. families fleeing the war in Ukraine, Relief support for those devastated Thepublic side does not come naturally to me. Customers could visit the site and gamble on their favourite team or player in everything from snooker to American sports. time, Coates worked around the clock from a Portakabin in the car park of one Thank you for your feedback. of the familys betting shops. . She is my neighbour so I will get on with her.'. Do you have 5 minutes to tell us what you think of this service? While competitors tended to focus on the major sports, Bet365 grew to include wagering on every conceivable league. Test yourself with this Cockney Rhyming Slang quiz. 27 March 2022. brother John Coates, Denise is the co-CEO of one of the worlds leading online Denise Coates has hit the jackpot yet again. The bookie's daughter from Stoke who hit the jackpot: How Bet365 boss Denise Coates gets 45% pay rise to earn Isabel Oakeshott receives 'menacing' message from Matt Hancock, Ken Bruce: 'I always wanted to be a radio presenter from about 15', Pavement where disabled woman gestured at cyclist before fatal crash, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!' Share: Email This BlogThis! In an interview with the Guardian, Coates said: The public side does not come naturally to me. Contact information DENISE COATES FOUNDATION. ', In December 2018 it was revealed that Ms Coates spent a staggering 5.5 million buying up hundreds of acres of farmland which surround her new space age home, snapping up 12 separate plots of land since 2014, Concepts for the palatial property are found in the visualisation made by designers, which show a waterside paradise, The design is incredibly modern and can be seen on public planning application papers lodged with Cheshire East Council, Anyone for tennis? Artist Steve Marr has run a pottery workshop in a barn on the Mr Colclough's land. It is one hell of a lot better than most of the houses that Cheshire footballers build. By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. 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? wraps. Bet365 now offers bingo, casino games, poker, horse racing, and much more in addition to online sports betting. 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. As I write, the Denise Coates Exhibition Gallery is hosting a Peter Doig exhibition. There were already a few websites for those interested in placing virtual bets, but the entire sector was still in its infancy. When these houses were built they were as bling as anything, but we're accustomed to them now, and they are perceived as the epitome of good taste. She has refused to say whether or not she has children in interviews. Her background is far more humble though, as Mrs Coates started working in bookmaking as a teenager. o Disaster recovery:150,000(2020: 0). The Foundation tends to identify charities that it wishes to support, hence a letter of introduction is advised.