Bet365 Boss Is UK’s Biggest Taxpayer - Minutehack

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Denise Coates, the U.K.'s highest-paid CEO and founder of global gambling business Bet365, took home a record-breaking £323 million ($422 million) paycheck this year. Bet365 made a profit before tax of £791m in the year, compared with £661m the year before. The firm paid dividends of £92.5m, half of which are thought to have gone to Ms Coates, as the owner The owner of betting group Bet365 has paid herself a salary of £323 million last year, the largest amount ever paid to a British company executive.. The salary is likely to cause some criticism in the country, as the total is 9,500 times the average salary in the country, coming out to £1.3 million per day of work. Denise Coates, the multibillionaire founder and boss of the gambling firm Bet365, paid herself £265m last year in a record-breaking pay deal for the chief executive of a British company. During the first year, Bet365 paid £1.3 million to Stoke City, whereas the amount for the 2014/15 and 2015/16 was £3 million per month. The connections between Stoke and Bet365 are quite strong as the owner of the club is also a major shareholder in Bet365. Bet365 founder Denise Coates was the country’s largest taxpayer for the second year running, new figures show. The betting website’s joint chief executive and her family, who are worth £7.166 billion, had a tax liability of £573 million last year, according to the annual Sunday Times Tax List. Denise Coates, the multibillionaire founder of the gambling company Bet365, paid herself £323m last year. The sum is the highest amount paid to the chief executive of a British company and breaks Bet365 founder Denise Coates was the country’s largest taxpayer for the second year running, new figures show. The betting website’s joint chief executive and her family, who are worth £7.166 billion, had a tax liability of £573 million last year, according to the annual Sunday Times Tax List. Denise Coates, who is the founder and boss of gambling company Bet365, paid herself $279 million last year -- a record-breaking deal for the chief exectuive of a British company. Denise Coates Biography - Life and History of Bet365 Owner Denise Coates – Bet365 Mastermind Denise Coates is a British businesswoman who founded online gambling juggernaut Bet365. She serves as the company’s co-CEO (along with her brother, John), and she’s also their majority shareholder (50.3%).

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