Britain’s ‘greatest paid lady’, Bet365 boss Denise Coates, took residence greater than £260 million in wage and dividends within the yr to March 2022, in keeping with the corporate accounts.
The accounts, revealed yesterday, reveal the betting agency’s highest-paid director – believed to be Coates – acquired remuneration of £213 million for the yr, however is lower than the £250m awarded the earlier yr.
As the corporate’s majority shareholder, Coates, 55, is entitled to no less than half of the £100m dividend for the yr.
Coates featured on this yr’s Sunday Instances wealthy listing as being ‘thought to have the next wage than anybody else within the UK’ – along with her household’s fortunes inserting them within the prime 20.
Her newest earnings imply she remains to be believed to be Britain’s ‘greatest paid lady’ regardless of a drop of round £37 million in contrast with the yr earlier than.

Bet365 boss Denise Coates was paid greater than £260 million in wage and dividends within the yr to March 2022, in keeping with the corporate accounts

Ms Coates, certainly one of Britain’s richest girls, based the net playing firm within the early 2000s in Stoke-on-Trent after recognizing the potential of web betting to revolutionise the business. Pictured, in 2012 Mrs Coates was awarded a CBE
Final yr, Coates firm accounts revealed that she took a £170m pay reduce, accounts reveal – however nonetheless earned almost £300m final yr.
The betting chief’s wage fell from £421m to £250m within the monetary yr to March 28, 2021, because the pandemic stalled progress on the playing big, however she additionally acquired a share of greater than 50 per cent of the corporate’s £97.5 million dividend.
It’s thought she has reaped greater than £1bn in wage and dividend from Bet365 inside the final three years.
Within the newest monetary yr, accounts present Bet365’s income have dropped.
It made a revenue earlier than tax of £49.8m for the yr (after a £26.2m loss from its possession of Stoke Metropolis Soccer Membership), considerably lower than the £469m revenue reported within the earlier yr.
Coates, a former College of Sheffield scholar who graduated with a first-class diploma, constructed the corporate into one of many largest playing corporations from her father Peter’s Stoke-on-Trent bookmaking enterprise.
After shopping for the area title bet365 on eBay in 2001 for round £2,000, she started working a dot.com betting enterprise from a conveyable cabin in Stoke.
Coates accomplished the transfer from the Portakabin workplace, borrowing £15m from the Royal Financial institution of Scotland secured on her household’s property of betting retailers.
She is now the bulk shareholder in Bet365, a worldwide firm which reported d launches in Buenos Aires, Argentina, the Netherlands, and in Colorado and Ontario in North America.
Alongside along with her father, Peter, and brother, John, the household are among the many UK’s richest individuals, with a fortune collectively price £8.6bn in Could 2022, in keeping with the Sunday Instances Wealthy Checklist.
The betting agency’s HQ employs 1000’s in Stoke, with the corporate’s worker numbers rising to nearly 6,100, up from 5,400 the yr earlier than.
Mrs Coates and her husband Richard Smith stay fiercely personal and refuse to debate their personal lives, or backgrounds.
The pair arrange a charitable basis in 2012 funding a wide range of worthy causes at residence and abroad.
It gives bursaries for much less well-off college students, helps a hospice for most cancers victims and has helped victims of pure disasters.
They’ve one little one of their very own and adopted 4 women from the identical household.

Denise (left) alongside along with her father, Peter (proper), and brother, John (left), are among the many UK’s richest individuals, with a fortune collectively price £8.6bn in Could 2022, in keeping with the Sunday Instances Wealthy Checklist.

Pictured: April 2021, the correctly was effectively underway and could possibly be seen being constructed

Farmer Edward Colcough stated he would by no means promote his farm, which has all the time been in his household

Edward Colclough rebuffed Denise Coates’s efforts to snap up his property in Cheshire because it backs onto her deliberate enormous property

An artist’s impression of how the palatial residence of Mrs Coates will look as soon as accomplished
Final yr, a farmer revealed how he turned down a ‘foolish cash’ deal to purchase his land by Coates for her space-age mansion.
Edward Colclough rebuffed efforts by the betting queen to snap up his property in Cheshire because it backs onto her deliberate enormous property.
However though he stated he wouldn’t promote, he wished her effectively as his neighbour and stated he was trying ahead to getting on along with her.
Non-public Denise had been shopping for up neighbours’ homes and land to increase her space-age residence nicknamed ‘Tesco Further’ by locals.
Mr Colcough refused to be drawn on whether or not a proper supply had been made to him.
Final yr he informed MailOnline: ‘This farm has been in my household for years. We’re not on the market.’
Bet365 have been contacted for a remark.