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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. [1] As of July 2023, Forbes estimates Coates's net worth at $7.7 billion. [2] In 2020, she earned a salary of £422 million and dividends of £48 million. [3]
Bet365's reported figures (March 2020–21) showed revenues of £2.8 billion and a profit of £470 million before tax. [10] Denise Coates, joint chief executive, continues to run Bet365 and is the majority shareholder with 50.1% of the shares.
John Fitzgerald Coates (born January 1970), is an English billionaire businessman and the joint chief executive (CEO) of online gambling company bet365 and joint-chairman of Stoke City. Early life [ edit ]
Gigi Levy was chief executive (CEO) until 2011; he was paid an annual salary of $841,000 and an annual bonus of $1,007,000 in 2010. [63] In March 2012, Brian Mattingley was appointed as CEO of 888 Holdings. [64] In 2015 Mattingley left the position of CEO to assume the position of executive chairman of 888 Holdings. [65]
Peter Coates was born in Goldenhill, Stoke-on-Trent, the youngest of 14 children. [2] He was brought up by his sister, Irene, after his mother died when he was two. [2] His father, Leonard was a miner and World War I veteran who had a keen interest in football, where they regularly attended Stoke City's Victoria Ground. [2]
The company was founded in June 2000, by Andrew Black and Edward Wray. [1] Softbank purchased 23% of Betfair in early April 2006, valuing the company at £1.5 billion. In December 2006, Betfair completed the purchase of the horseracing publishing company Timeform (which traded under the name Portway Press Ltd).
[2] For a public-sector comparison, the UK prime minister is entitled to a salary of £167,391 [3] [4] and the Cabinet Secretary is entitled to a salary of £200,000 to £204,999. [ 5 ] The table below outlines financial data - CEO salaries and turnover figures - where available, of a selection of major charities in the United Kingdom, by capital.
In 1992, Wright founded Pinnacle Technologies, a company involved in commercial shale gas production through fracking and served as its CEO until 2006. He was also chairman of Stroud Energy (current Stroud Exploration Company), [6] another company involved in the production of shale gas, before he sold the company in 2006. [5]