Denise Coates, the UK’s highest-paid woman, received 150 million pounds ( over RS 1, 500 crore ) in salary and dividends in 2024, despite accepting a 45 per cent pay cut.
Coates is well-known for her sizable pay packages, which totaled more than$ 2 billion during her time as CEO of Bet365, an online gambling business she founded with her father Peter’s betting shop chain.
The American businessman woman, 57, considers herself an done risk-taker, received 95 million lbs this year and stands to collect at least half of the 110 million poundss income, reflecting her lot holding exceeding 50 per cent.
The Stoke-based business increased its earnings from 3.4 billion to 3.7 billion pounds in the previous year while lowering costs and increasing investment prices as a result of increased equity market problems, according to The Guardian.
The business made a 626 million pounds gain before taxes in the fiscal year that ended in March 2024, a significant improvement over the company’s 60 million pounds pre-tax damage from the previous year.
The company contributed 120 million poundss to the Denise Coates Foundation, a charitable institution under family and individual power, representing a 20 per cent increase from last year’s 100 million poundss factor.
Coates is the founder and shared CEO of Bet365, one of the country’s leading online gaming businesses.
Born on September 26, 1967, in England’s Stoke-on-Trent, Coates studied economics at the University of Sheffield and began her career managing her mother’s betting retailers.
Recognising the potential of online gaming, she launched bet365 in 2000, securing a 15 million pounds borrowing by using her mother’s firm as security.
The program grew rapidly, pioneering improvements like life in-play betting, and has since become a world leader in the industry. Denise is one of the UK’s wealthiest people, with a net worth exceeding 7 billion poundss. Despite her incredible achievement, she is extremely personal and often appears in public.
Through the Denise Coates Foundation, she also constantly supports charitable triggers, including medical, education, and disaster relief.
