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Dec 18, 2019, 11:02 AM EST. The CEO of bet365, Denise Coates, gave herself the largest yearly compensation in business history.
The private company's filings, which were revealed by The Guardian, showed that Coates was paid a total package of $422 million from March 2018 to March 2019.
Coates eventually sold off her family's original establishments in 2005 for $50 million after it became clear bet365 was going to be a success.
With bet365, Coates also made the gamble on live betting.
Bet365 became the first site to offer streamed soccer matches that could be bet on in the same screen.
Today, bet365 is the second largest sports gambling company in the world, with 15 million customers.
It was revealed on Wednesday that Bet365 CEO and founder Denise Coates earned £265 million in salary last year leading up to March of 2018. Bet365 Boss is UK's Highest Paid CEO Bet365 Boss is UK’s Highest Paid CEO Joint CEO of Bet365 Denise Coates received a total pay of £323 million between 2017 and 2018, making her the highest paid CEO in the UK. Coates’ overall salary sits at £277 million, having grown from £220 million the previous year. Denise Coates’ Bet365 Was Biggest UK Tax Contributor in 2019; Bet365 Founder Denise Coates Was Highest Paid CEO in UK Last Year, Earning £217 Million Expert comment: Bet365 CEO's £217m pay packet the fault of regulators. Dan Worth. 14 November 2017. Society. Dr Michael Koch, lecturer in Human Resource Management and Organisational Behaviour at Kent Business School, comments on the huge pay day for Denise Coates. ‘A pay package of nearly £200m pounds makes Denise Coates one of the best paid executives in the world. Very few executives in ... Denise Coates, the founder and chief executive officer of bet365, made £323 million ($421 million) last year, the most ever paid to the boss of a British company. She made £265 million ($345 million) the year before, which also set a record at the time. The CEO of bet365, Denise Coates, gave herself the largest yearly compensation in business history. The private company’s filings, which were revealed by The Guardian, showed that Coates was paid a total package of $422 million from March 2018 to March 2019. Here’s a rundown of her compensation the past four years, during which she’s made $1.2 billion. Coates also owns slightly more than 50% of the company: Compensation and Benefits ... Negative Outlook. Approves of CEO. I worked at Bet365 full-time for more than a year. Pros. Good salary, make what you want of it. Cons. Bad communication within and between teams. Share on Facebook; Share on Twitter; Share on WhatsApp ; Share via Email; Copy Link; Link Copied! Helpful. Flag as Inappropriate Flag as Inappropriate. January 12, 2021 "freindly ... Denise Coates was awarded a CBE in 2012 for services to the community and business The UK's best-paid boss, co-founder of online gambling firm Bet365 Denise Coates, has received another bumper pay... Denise Coates founded Bet365 in a portable office building at a Stoke City car park in January 2000. Now, seventeen years later, she’s pulling in the largest CEO salary in Great Britain, paying... Bet365 CEO Denise Coates is now the highest-paid executive in the whole of the UK. Photo: PA. Bet365 joint-CEO Denise Coates received £323m in compensation in the year to the end of March 2018 ...
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