This company is successful when people lose money and lives are changed and damaged. her familys ties to Stoke City FC, its unsurprising that her husband, Richard This enormous personal fortune also makes Coates the 403rd richest individual on the planet. 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. Coates See today's front and back pages, download the newspaper, order back issues and use the historic Daily Express newspaper archive. The space-age 90million property at the end of a sweeping driveway will boast a vast open-plan living area overlooking a 75,000 square foot artificial lake, complete with boathouse. Piers Taylor, award-winning architect and co-host of TV's The World's Most Extraordinary Homes with Caroline Quentin, says: "It may seem vulgar but the new homes that the newly monied are building today are little different from those that the newly monied built hundreds of years ago that have now settled into the landscape and are inhabited by old money. Facebook gives people the power to. Coates was the son of a miner and grew up in poverty. o Arts and Culture:0(2020: 423,000). 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. making so much money from gambling, it barely gets a mention that unlike the tax-efficient schemes beloved of Fairburn and executive remuneration committees of listed companies, Coates is paying herself a straight wage. Denise wasted no time and launched bet365.com in 2001. SHE'S the unlikely businesswoman who looks like a maths teacher but earned 265million last year alone, more than 9,500 times the average salary. 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. Coates is the majority shareholder with 50.01% of Bet365. Such stances have even caused family rifts. But one farmer has refused to sell, and good on him.'. How long have Keir Starmer and Sue Gray been secretly cooking up their plot? evident that the Coates family values privacy over publicity. Its just I very much enjoyactually running the business. 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. The tax . First Name. In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion. 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. 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. She serves as the company's co-CEO (along with her brother, John), and she's also their majority shareholder (50.3%). 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. Ms Coates, already Britain's highest-paid boss, saw her . Drop us a line and we'll call you right back to discuss your IT needs. Mega Millions results: What happens if no one claims Mega Millions? Kirsty Bertarelli is the fourth richest woman in the UK with her 9.2billion fortune. Denise recognized early on that Bet365 would need to take significant efforts to differentiate itself from its previously established online competitors. During the year ended 28 March 2021, the Foundation committed 17 grants totalling 6,200,000 to just 12 institutions in support of local, national and international charitable causes (2020: 23 grants to 19 institutions totalling 9,000,000). The Coates family might have easily hoarded their money and refused to aid their fellow Britons once their empire was worth billions. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. For a long of bet365 also enabled Denise to fulfil her fathers football passions once A quarter True, it can be argued there are more stakeholders in Bet365s future than is generally acknowledged. o Education and Training:1,831,000(2020: 2,101,000). Grant recipients are also summarised on page 22. Coates The founder of online gambling giant bet365 has been named as the UK's biggest taxpayer - for a third consecutive year. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries. childhood. approached the media to express their annoyance at the disruption its causing, In practice, Denise Coates' success is phenomenal to say the least. Her estate is going to be ringed with woodland, a six ft high fence and watched over by security guards 24 hours a day. Bet365 did not respond to a MailOnline request for a comment. By. There were already a few websites for those interested in placing virtual bets, but the entire sector was still in its infancy. For the sake of some reassurance, they might want to know more about bet365s fortunes and its likely future trajectory. Now, for the anti-gambling lobby anybody making money out of gambling is not a good thing. traction on the internet, Denise was the first to fully invest in its The business paid 615million to the Exchequer in 2019/20, on top of an estimated 220 million tax bill on Mrs Coates's personal income. employees. Im not saying Im a shrinking violet Im not. Artist Steve Marr has run a pottery workshop in a barn on the Mr Colclough's land. 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. Full disclosure Much like anonymously (anonymous users cannot post links). children together, four of which are sisters adopted from the same family. whatever reason, that maybe it makes a better story if they say he does.. She also earned 48m in . Im not. She started working in bookmaking as a teenager when she worked in shops owned by her father. Bet365 queen's land grab: Betting boss spent 5.5m in four years buying up her neighbours' land to turn 90m space age glass palace into a fortress. Save my name, email, and website in this browser for the next time I comment. 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. I left school at 16 with six GCSEs - and became a self-made millionaire. 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 . BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UKs biggest every salary of 469million last year. Plans for the estate included an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. Taking home a salary of 421 million (approx. Search. there had been little knowledge of how the Coates spend their money (aside from Interviews are also uncommon, and she has only spoken to the media a few times (and then only via email). Thepublic side does not come naturally to me. Most people in the UK, however, would walk down the street and never see her. Despite the fact that the chain had been struggling in previous years, she happily accepted and was appointed Managing Director in 1995. Dan, Read More Dan Pena Net Worth, Wife, Age, CareerContinue, Kimberly Marie Kessler is most known to the general public as the wife of WWE Superstar Randy Orton. $593 million) in tax last year alone. 421million as her salary as head of the company and 48million because she owns 50.3% of the entire stock. As of 2023, Denise Coates net worth is valued at $10 billion making her one of the richest people in United Kingdom. Bet365 boss Denise Coates is the fifth richest woman in the UK and is worth 7.2billion. She is the co-CEO of the company (together with her brother, John), as well as the biggest shareholder (50.3%). The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. The foundations mission is to improve the lives of others, primarily by providing front-line support to numerous charities registered in the United Kingdom. But he told MailOnline: 'This farm has been in my family for years. Contact information DENISE COATES FOUNDATION. There also might be an argument for the company to establish a more public face. may disagree with the industry in which Denise Coates made her fortune, there so, she carved out the future for a billion-dollar empire with over 5,000 Coates also dues. About Us; Frequently Asked Questions; Accepted Insurances; Self-Pay Pricing; Location; Contact Us; The mainstream media gave a sideswipe the gambling trade press for not focusing their coverage on how much money Denise Coates made. And now Bet365 founder Denise Coates is building an extravagant dream house. o Funder: The Denise Coates Foundation (founded 2012. What's her system? We're not for sale. of his catering business allowed Coates to invest in a chain of betting shops referred to as the quiet queen of online betting, Denise Coates is one of The online gambling company has made the owners extremely wealthy receiving mind-blowing annual pays. Mrs Coates plans are nearing reality after she spent 5.5million buying up hundreds of acres of farmland. . Please log in if you don't want to post Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. In the year ended March 2020, Denise's salary and dividends accumulated to 469,000,000 pounds. Charity number: 1149110 Charity reporting is up to date (on time) . We use cookies to collect information about how you use the Charity Commission Register of Charities and Digital Services, such as pages you visit. Not the Denise Coates you were looking for? Address: . She also planted 200 trees, erected a two-metre security fence around the property, while employing round-the-clock security. According to Forbes, Denise Coates has a net worth of 5.8 billion. can be no doubt about the monumental success of her efforts. As a result, the site became a one-stop gaming destination, and their business exploded. 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 . which he named Provincial Racing. on a job at Provincial Racing, which she later dubbed a small chain of pretty She also has a brother named John Coates. Grant awarded made during the year were categorised as follows: o Health and Welfare:2,274,000(2020: 2,213,000). Express. It is one of the very few UK businesses to truly crack online, employing over 4,600 staff, the majority of which are based in Stoke-on-Trent. Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. Often significant grants are available to UK registered charities operating in the UK and/or overseas in the areas of health and welfare, community development, medical research and development, education, training, arts, culture, and disaster recovery. Denise Coates Photo. gathered from various interviews confirm that Denise and her husband have five other hand, Denise acknowledges without irritation that people often assume 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. Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a . I'm a vet, and here are five dog breeds most prone to cancer - including Golden Retrievers and Rottweilers. Weve gathered information from many places on the Internet in the hopes that it will create a good picture of where shes been and where shes heading. She used this money to pay off her loan with the Royal Bank of Scotland. She At the time of writing, Forbes real-time net worth data places the figure at 3.8 billion (or around $4.8 billion). Pictured, in 2012 Mrs Coates was awarded a CBE, Edward Colclough rebuffed Denise Coates's efforts to snap up his property in Cheshire as it backs onto her planned huge estate, 'I don't object to her building. British business leader Denise Coates is the highest-earning woman in Britain testament to the fact that the odds can sometimes be beaten. In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive. But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. Please note that the Foundation does not maintain a website. Denise Coates OBE has been named among the wealthiest women in the UK in the Sunday Times Rich List for 2020. She started working in bookmaking as a teenager when she worked in shops owned by her father. 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. She worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. The 4,600-plus staff, of course, but also the many hundreds maybe thousands that work with suppliers to bet365 both within the gambling sector and outside of it. There will also be ancillary buildings for staff. Bet365 founder Denise Coates was paid a salary of 199,305,000 along with dividend payments of 18m last year. Prince Andrew chuckles as he encounters female jogger on way to his weekly Windsor horse-riding trip. Bet365 boss Denise Coates is the fifth richest woman in the UK and is worth 7.2billion. She was born, and then she grew up. Today, the It was dreamt up with the world-renowned architecture firm Foster and Partners, usually best-known for skyscrapers, airports and commercial buildings. Richard Smith and Denise Coates have five children. 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. Phone - 08456000365. But in a country where we accept betting as part and parcel of the fabric of society, there has to be winners and losers and it so happens that the founders of bet365 are among the (very big) winners in this regard. From humble