Denise Coates Net Worth and Salary
Denise Coates, a renowned British businesswoman, boasts a significant net worth of $3.6 billion. As a trailblazing entrepreneur and co-founder and current joint CEO of the online betting company Bet365, she has not only amassed a fortune but also cemented her place as arguably Britain's most successful self-made woman in business.
Early Life and Career Beginnings
From a young age, Denise exhibited an entrepreneurial spirit. She began her career early, working in her father's betting shops while still in school, primarily as a cashier handling numbers. She later trained as an accountant, taking over several of her father's shops. Under her leadership, these shops witnessed a reversal in fortunes before being sold to the prominent bookmaker Coral.
Founding Bet365
Following the sale, Denise identified a burgeoning opportunity in the online gambling sector, coinciding with the dot-com boom. Convincing her family of the potential, she purchased the domain Bet365.com in 2000. Despite facing rejection from traditional venture capitalists, she successfully launched the website in March 2001.
Success and Growth
Today, Denise Coates shares the CEO position with her brother, John, and holds the largest individual stake in Bet365 at 50.3%. The company, which reported sales of $1.6 billion in recent years, has skyrocketed to prominence. Furthermore, Bet365 also owns the British Premier League team, Stoke City.
