The trustees assess how the proposal aligns to the Foundation's objectives in order to determine whether or not to award a grant. 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. Planning for the statement home was granted last year and work is underway, with the build expected to take two years. million (or $5.2 million). The youngsters had recently been adopted from the same family, according to the Independent in March 2014. Bet365 had made over $187 million in profits by 2013. The farmer who turned down Denise Coates' fortune for his land brother John Coates, Denise is the co-CEO of one of the worlds leading online Aaron Krause Net Worth: How Rich Is The Scrub Daddy Boss? potential. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UK's biggest every salary of 469million last year. o Application deadline: none - a letter of introduction may be made at any time. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. The annual mainstream media feeding frenzy sparked by Bet365's annual results, and its chief executive's pay, betrays some glaring double standards, and almost suggests there is little to be gained from greater transparency, writes Scott Longley. its growth. In 2020, she earned a salary of 422 million and dividends of 48 million. Smith also works for Bet365, The Sunday Times reports. Betchton, United Kingdom (GB) Mrs Coates, 53, earned a director's salary of 421million for her role as chief executive of Bet365, plus another 48million dividend for her 50 per cent stake in the business. Mum who began Bet365 from Portakabin now richer than Queen - mirror Denise Coates Bet365 Bio, Husband, Sandbach House, Age, Net Worth 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. She has since added other houses and land. 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. Please enter a valid email address. Her money comes from the packaging firm Tetra Laval and she is the 150th richest person in the world. so, she carved out the future for a billion-dollar empire with over 5,000 $508 million) in 2020 the highest-ever recorded paycheck in the country, averaging around 1.2 ($1.5) million a day Denise is Britains highest-paid boss. It is a (north) west midlands economic powerhouse existing at a time when such entities anywhere in the UK are in short supply. privacy notice how we use your personal information, Accessibility Statement-Register of charities. evident that the Coates family values privacy over publicity. The online gambling company has made the owners extremely wealthy receiving mind-blowing annual pays. Now, for the anti-gambling lobby anybody making money out of gambling is not a good thing. The gambling chief, 53, is developing a luxurious glass house How 'deluded' Putin thought Ukraine invasion would break up Nato & have West bowing down to Russia, leaked docs show, Man had sex with his wife on bollard after fuming neighbour placed it in cul-de-sac in protest during parking row, 'Bubbly' nightclub worker, 31, killed after her Audi crashed into a bridge on her way home from work, Independent Press Standards Organisation (IPSO). She approached the Royal Bank of Scotland and was able to obtain an 18 million loan from the bank (using Provincial Racing as collateral) with which she started. In 2019/20 Bet365 also donated 85m to Mrs Coates's charity foundation, which has previously donated to Oxfam and the Douglas Macmillan Hospice. This includes the local sports team, Stoke City Football Club, which is owned by Bet365. Marit Hausing only this year reached the third in the richest list, but in sad circumstances. to her diligent efforts and work ethic, Denise was made Managing Director in The clubs ownership cost the firm more than $38 million in losses in 2015. of the familys betting shops. o Who can apply: UK registered charities working in the UK and/or overseas. 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. Denise Coates Contact - guecaranjaz1980.netlify.app The tax . $3.5 billion) in March 2021. 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. Coates hasn't lucked into her post at an auspicious time. 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. She sold Provincial Racing to Coral for about $50 million. The Coates family, who own Stoke City football club, are also Britain's biggest taxpayers. jurisdiction with lower tax brackets, Denise has paid almost 1.3 ($1.6) DENISE COATES FOUNDATION (08191619) Company status Active Correspondence address Bet365 House, Media Way, Stoke-On-Trent, United Kingdom, ST1 5SZ . However, formidable revenue flooding into bet365, Denise formed the Denise Coates o Arts and Culture:0(2020: 423,000). From their renowned ads with actor Ray Winstone to frequent enhancements such as mobile and in-play betting, Bet365 has consistently remained one step ahead of the competition. She bought the domain name on eBay and launched the site in 2001, growing rapidly thanks to prolific advertising fronted by actor Ray Winston. 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. During this time, she met Richard Smith, who would go on to become her husband. Nationality. As of 2023, Denise Coates net worth is valued at $10 billion making her one of the richest people in United Kingdom. The world's best movie director you've never heard of: How little-known film-maker has even toppled the A big Beckham birthday! By keeping First Sackler, now Bet365. The art world can't keep taking money from Murdaugh is heckled as he leaves court, Moment teenager crashes into back of lorry after 100mph police race, Ken Bruce finishes his 30-year tenure as host of BBC Radio 2, Family of a 10-month-old baby filmed vaping open up, Missing hiker buried under snow forces arm out to wave to helicopter, Insane moment river of rocks falls onto Malibu Canyon in CA, Fleet-footed cop chases an offender riding a scooter, Ukrainian soldier takes out five tanks with Javelin missiles. Through these shops, he began to cultivate his success, and by 1989 he was a principal shareholder of his hometowns football club, Stoke City. There were already a few websites for those interested in placing virtual bets, but the entire sector was still in its infancy. The 90 million (approx. Bet365 chief executive Denise Coates was paid a total of 421m last year, newly-released annual accounts for the gambling firm reveal. In the year ended March 2020, Denise's salary and dividends accumulated to 469,000,000 pounds. Bet queen Denise Coates shatters calm with glass estate This charity does not have any trading subsidiaries. days of her career. Denise Coates Address, Phone Number, Email Address - YellowBook To inquire about a licence to reproduce material, visit our Syndication site. In 2020, the average grant award was for 365,000, while in 2019 the average grant was 391,000. countries and created more than 5,000 employment opportunities. | Customers could visit the site and gamble on their favourite team or player in everything from snooker to American sports. and donated millions of pounds to charities annually. Denise Coates Biography: Success Story of Bet365 CEO Plans for the estate included an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. How Denise Coates went from shed to become 7bn Rich List high flier The gambling chief, 53, is developing a luxurious glass house Denise Coates is a mum-of-five from a Labour-supporting background who launched her Bet365 betting firm from a Stoke Portakabin but now owns a 52-acre estate, drives Aston Martins and last year . Against the odds: Denise Coates's good fortune For the sake of some reassurance, they might want to know more about bet365s fortunes and its likely future trajectory. dues. It all boils down to her dedicated work ethic and forward-looking vision. The foundations mission is to improve the lives of others, primarily by providing front-line support to numerous charities registered in the United Kingdom. asset for the Coates family, and it was sold to Coral Betting in 2015 for 40 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. After Experts weigh in as tremors hit Wales, Cornwall and the Are YOU eating the right colours? The founder of online gambling giant bet365 has been named as the UK's biggest taxpayer - for a third consecutive year. referred to as the quiet queen of online betting, Denise Coates is one of 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. She was born, and then she grew up. Denise Coates is Britain's highest salary earner in the UK. She is worth 10.3billion and lives with Michel de Carvalho, a financier and director of Citigroup. Until recently, Richest Woman in the UK: Denise Coates Gets $648 Million Pay From Fondly This is because the 49-year-old entrepreneur prefers to maintain a low profile and makes few public appearances. 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. merely the highest-paid director that took home the 250 million (approx. Denise Coates is a British entrepreneur who launched the online gambling behemoth Bet365. But the Coates have been criticised for not giving more financial support to fund gambling addiction treatment. In the year 2000, she purchased the domain name bet365.com. herself has paid over 1.3 billion in tax in the last five years, while Denise Coates Biography - Life and History of Bet365 Owner Its just that I very much enjoy actually running the business.. Contact information Activities - how the charity spends its money The Foundation's purpose is to distribute funds in support of local, national and international charitable activities, exclusively charitable according to the laws of England and Wales. Please log in if you don't want to post Hannah Hiles Life Writer. Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a . Llandrindod Wells Office Unit 30 Ddole Road Industrial Estate Llandrindod Wells Powys LD1 6DF 01597 822 191 Newtown Office The house that Denise Coates built - iGB While it's not for me, I wish her well.". Back Where to find us. rubbish betting shops. Nevertheless, she soon became an effective catalyst for Denise Coates: Bet365 founder paider herself $279 million | CNN 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. privacy notice how we use your personal information, Accessibility Statement-Register of charities. Now lets turn to more familiar territory. If it did, Denise has been adamantly opposed to disclosing it to the public. Date of birth. Kirsty Bertarelli is the fourth richest woman in the UK with her 9.2billion fortune. In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive. convincing her brother (who had been practicing as an attorney) to join her there had been little knowledge of how the Coates spend their money (aside from What will the next pandemic be? Denise Coates Biography - Net Worth, House, Husband, Children & More The Sun website is regulated by the Independent Press Standards Organisation (IPSO), Our journalists strive for accuracy but on occasion we make mistakes. Following 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. $197 million) of the clubs debt. Most new Cheshire millionaires build McMansions: a curious mash-up of a super-sized developer house that's mated with a Las Vegas casino, whereas Coates has had the good sense to employ one of the world's best architects to design her house, and on the strength of the images I've seen, doesn't look too bad. They also need to take account of spending commitments that may stretch over a number of future years. 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. The paragraph from the annual report stating that a geographical analysis of turnover has not been given, as in the opinion of the directors, such disclosure would be severely prejudicial to the interests of the group, got special attention from the Guardian, for instance. With a The Foundation has stated that it will continue to review applications for funding and provide donations and grants that meet its charitable objectives. Alongside her She is my neighbour so I will get on with her.'. Denise Coates email address & phone number - RocketReach 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. . formative years were relatively uneventful (at least as far as Coates is Martin Eberhard Net Worth: Martin Eberhard has a net worth of $500 million. She also has a brother named John Coates. However, his bookmaker portfolio had nowhere near reached its full potential. About her education, she earned a first-class degree in econometrics from the University . Denise Coates began to suspect that the Internet was the wave of the future for sports betting around the turn of the century. D&B Business Directory HOME / BUSINESS . The company donated the same amount the year before. Get Denise Coates's email address (c*****@googlemail.com) and phone number (+971 56 682 ..) at RocketReach. We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. Occupation. realized the potential of the internet and believed that it would revolutionize Mrs Coates, 53, earned a directors salary of 421million for her role as chief executive of Bet365, plus another 48million dividend for her 50 per cent stake in the business. condo with a list price of $469900. Denise Coates was determined not to leave New York regulators in any doubt about the strengths of bet365, the online gambling powerhouse she founded with her brother 22 years ago. In the When she realized she couldnt afford to build the website, she started to seek funding, but no investor believed in her vision. 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. At the age of 22, she took over her fathers business. BET365 boss Denise Coates is building a 90m mega-mansion after raking in the UKs biggest every salary of 469million last year. traction on the internet, Denise was the first to fully invest in its 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.