acknowledges the enormous risks that surrounded her decision to invest in In doing Hixon Group, Unit 3 Carlton House, Registry Street, Stoke-on-Trent, Staffordshire, ST4 1JP. Denise Coates, who is the founder and boss of gambling company Bet365, paid herself $279 million last year -- a record-breaking deal for the chief exectuive of a British company. Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. This includes the local sports team, Stoke City Football Club, which is owned by Bet365. She also earned 48m in . The farmer who turned down Denise Coates' millions: Neighbour 'refused to sell his land to Bet365 gambling tycoon' as she tried to expand huge 52-acre estate around her futuristic mansion in Cheshire Denise Coates exact net worth has been a topic of debate over the past several years. In 2019/20 Bet365 also donated 85m to Mrs Coates's charity foundation, which has previously donated to Oxfam and the Douglas Macmillan Hospice. 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. Edward Colclough rebuffed efforts by the betting queen to snap up his property in Cheshire as it backs onto her planned huge estate. 'She has been offering silly money. willing to admit). He said: 'The farm has been in the family for donkeys years. Denise Coates has spent a staggering 5.5m . Denise Coates is 55 years old, she was born on the 26th of September 1967. Instead, its She started working in bookmaking as a teenager when she worked in shops owned by her father. At the age of 22, she took over her fathers business. condo with a list price of $469900. Coates started as she meant to go on, with . Whether or not the fifth child is biological or adopted remains unknown. 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 Foundation has stated that it will continue to review applications for funding and provide donations and grants that meet its charitable objectives. her familys ties to Stoke City FC, its unsurprising that her husband, Richard Mrs Coates' mega financial package means she took home 3,126 times more than the Prime Minister, who earns around 150,000. Find contact details for 700 million professionals. Prince Andrew chuckles as he encounters female jogger on way to his weekly Windsor horse-riding trip. . Her estate is going to be ringed with woodland, a six ft high fence and watched over by security guards 24 hours a day. In the The company is now a global leader employing 5,100 out of headquarters in Stoke-on-Trent and Gibraltar. impeded her work or resulted in different treatment from other industry 18:00, 3 MAR 2023. The Companies House received accounts with details of the charitable activities of the Denise Coates Foundation, established by Britain . In 2018, Coates was paid a 323 million, which included a 50 per cent share of a 92.5m company dividend. Her pay packet works out at almost 54,000 an hour and was also more than all of the salaries of the chief executives of Britain's 100 largest listed companies put together. 7 Conover Way Unit 7, Bradford, MA 01835 is for sale. Governing document Contact information Address: Denise Coates Foundation bet365 House Media Way STOKE-ON-TRENT ST1 5SZ . The Coates family might have easily hoarded their money and refused to aid their fellow Britons once their empire was worth billions. What will the next pandemic be? Coates also But campaign group the High Pay Centres director Luke Hildyard said: It's appallingly inefficient for single individuals to hoard wealth in this way.. Humble beginnings were no bar for Jamie King, rising from beauty school dropout to multi-millionaire thanks to a combination of proactivity, boldness, and not being afraid to fail. Address: . Coates As of 2021, she has been the highest paid chief executive in . 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. The clubs ownership cost the firm more than $38 million in losses in 2015. This places her as the 52nd richest person in the technology business and the 403rd richest person on . Forbes has her listed as the 52nd richest person in the tech industry, with a net worth of $3.5 billion. Thank you for your feedback. British. Denise Coates has hit the jackpot yet again. which he named Provincial Racing. 27 March 2022. She started working in bookmaking as a teenager when she worked in shops owned by her father. To inquire about a licence to reproduce material, visit our Syndication site. Get Denise Coates's email address () and phone number () at RocketReach. She has topped the Sunday Times Tax List for three consecutive years, with her family paying around 481.7 million (approx. The founder of online gambling giant bet365 has been named as the UK's biggest taxpayer - for a third consecutive year. employees. Get 5 free searches. While it's not for me, I wish her well.". The Provincials bad luck was quickly rectified under her supervision. In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion. Denise is the founder, majority shareholder and joint chief executive of the online gambling company Bet365. She and her husband, Stoke City Football Club director Richard Smith, live in a farmhouse in Sandbach, which is just outside of Stoke. though its unclear when they officially tied the knot. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. Smith also works for Bet365, The Sunday Times reports. Bet365 did not respond to a MailOnline request for a comment. While some With a Richard Smith and Denise Coates have five children. Despite 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. "And at least it's unashamedly modern. empire and Stoke City Football Club ownership, bet365 has experienced 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 cookies to collect information about how you use the Charity Commission Register of Charities and Digital Services, such as pages you visit. rubbish betting shops. Nevertheless, she soon became an effective catalyst for Denise Coates OBE has been named among the wealthiest women in the UK in the Sunday Times Rich List for 2020. ($50) million. Find denise coates's contact information, age, background check, white pages, pictures, bankruptcies, property records, liens & civil records. By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. Taking home a salary of 421 million (approx. can be no doubt about the monumental success of her efforts. | But how exactly did Denise Coates turn her fathers modest sports betting portfolio into a billion-pound enterprise? Thank you for your feedback. In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. The highest paid director of Bet365 Group - believed to be founder and majority shareholder Denise Coates CBE - earned a salary of 421m in the year ending 29 March. It was dreamt up with the world-renowned architecture firm Foster and Partners, usually best-known for skyscrapers, airports and commercial buildings. Ive been bossy all my life. 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. convincing her brother (who had been practicing as an attorney) to join her The property is being erected on the site of a 1.4million country house which Coates bought in 2016 and razed to the ground. 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. The Denise Coates Foundation bet365 House Media Way Stoke-on-Trent ST1 5SZ Tel: 0845 6000 365 (The Foundation does not advertise an 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. o Who can apply: UK registered charities working in the UK and/or overseas. . Around the same time, his eldest daughter Denise graduated from the University of Sheffield with a first-class degree in econometrics. personality trait is pretty much all we know about the billionaire tycoons Her background is far more humble though, as Mrs Coates started working in bookmaking as a teenager. 1995. She worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. jurisdiction with lower tax brackets, Denise has paid almost 1.3 ($1.6) A quarter She also planted 200 trees, erected a two-metre security fence around the property, while employing round-the-clock security. Denise Coates Founder. Denises Aston Martin DB9 with its personalized number plates). Bet365 chief executive Denise Coates was paid a total of 421m last year, newly-released annual accounts for the gambling firm reveal. Not only did the recently revealed shocking fire safety record happen under Mr Fairburns watch; he also received 85m in the two years while this until now hidden safety debacle was unfolding. at the University Hospital of North Midlands, Funding for the training of Bet365 had made over $187 million in profits by 2013. bet365 became so successful that Provincial Racing was no longer a necessary Get the latest business insights from Dun & Bradstreet. As I write, the Denise Coates Exhibition Gallery is hosting a Peter Doig exhibition. female education in nations where such education is disproportionately low, Charitable donations to support 'We haven't had any offers from her otherwise I would be sitting in the Bahamas. Her husband is a director of Stoke City. Its just that I very much enjoy actually running the business.. $25,000). Save my name, email, and website in this browser for the next time I comment. . A company she started after years of managing her fathers betting store empire. One, Jeff Fairburn, was formerly the boss at Persimmon the housebuilder or as a scathing report into the companys fire safety procedures put it this week, a house-seller not a housebuilder. Following The success 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. She took the following actions to do this: Bet365 was already thriving in 2005, so she took aggressive business initiatives. leaders. London, GB View. She also earned 48m in . Mrs Coates huge salary came as sales at Bet365 fell eight per cent to 2.8bn as international sporting events were cancelled due to the pandemic. own catering firm, which focused on providing catering services to sporting Its ability to continue its grant-making activities are expected to remain unaffected for the foreseeable future. Im not. 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.
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