UK’s Richest Woman Earns ₹3,500 Cr from Betting Firm, Becomes One of the Highest-Paid Execs
The world of high-stakes betting has once again made headlines, and this time, it’s not about a lucky winner, but about the woman behind one of the most successful betting companies in the world. Denise Coates, the UK’s richest woman and founder of Bet365 Group, has earned a staggering ₹3,500 crore (approximately £287 million) in 2025, as reported by Bloomberg. This massive payday has catapulted Coates to the ranks of the world’s highest-paid executives, despite her company’s earnings taking a hit.
Coates’ 2025 pay package is a combination of dividend payments and a salary component, making it her highest total compensation package since 2021. This enormous sum is a testament to Coates’ business acumen and the success of Bet365 Group, which has become a household name in the world of online betting. The company’s ability to generate massive revenues, even in a slump, is a reflection of its strong foundation and Coates’ leadership.
Bet365 Group’s success story began in 2000 when Coates, a former betting shop cashier, founded the company with her brother, John Coates. The company started as a small online betting platform but quickly grew into a global giant, with operations in over 200 countries. Today, Bet365 Group is one of the largest online betting companies in the world, with a valuation of over £10 billion.
Coates’ journey to becoming one of the world’s highest-paid executives is nothing short of remarkable. Born in 1967, Coates grew up in a family of modest means. Her father, Peter Coates, was a successful businessman who owned a chain of betting shops. Coates’ early exposure to the betting industry sparked her interest, and she began working in her father’s shops as a teenager. After completing her education, Coates joined the family business and quickly rose through the ranks.
In 2000, Coates decided to strike out on her own and founded Bet365 Group with her brother. The company’s early success was fueled by Coates’ innovative approach to online betting, which included introducing new products and features that set the company apart from its competitors. Under Coates’ leadership, Bet365 Group expanded rapidly, and by 2010, the company had become one of the largest online betting platforms in the world.
Coates’ success has not gone unnoticed. She has been recognized as one of the most influential women in the UK and has received numerous awards for her contributions to the business world. In 2019, Coates was named the UK’s richest woman, with an estimated net worth of over £7 billion.
Despite her massive payday, Coates’ company has faced significant challenges in recent years. The COVID-19 pandemic has had a devastating impact on the betting industry, with many companies struggling to stay afloat. Bet365 Group has not been immune to these challenges, and the company’s earnings have taken a hit. However, under Coates’ leadership, the company has continued to innovate and adapt, introducing new products and features to stay ahead of the competition.
Coates’ enormous pay package has also raised questions about executive compensation and fairness. While Coates’ success is undoubtedly a testament to her hard work and business acumen, the massive disparity between her pay and that of her employees has sparked controversy. The issue of executive compensation has been a topic of debate in recent years, with many arguing that CEOs and other top executives are paid too much, while their employees struggle to make ends meet.
In conclusion, Denise Coates’ enormous pay package is a reflection of her success as a business leader and the strength of Bet365 Group. While the company’s earnings may have slumped, Coates’ ability to generate massive revenues has cemented her position as one of the world’s highest-paid executives. As the betting industry continues to evolve, it will be interesting to see how Coates and Bet365 Group adapt and innovate to stay ahead of the competition.
News Source: https://find-and-update.company-information.service.gov.uk/company/04241161/filing-history