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Denise Coates, who set up Bet365 in a portable building in Stoke-on-Trent in 2000, was paid a salary of £213m in the year to March 2024, according to the company’s latest accounts published on Friday. As the company’s controlling shareholder she is also entitled to at least 50% of the £100m in dividend paid for the year.
While her £263m pay is huge – and works out at just over £1m for every working day of the year – it is 12% less than the £300m she collected in 2024, as the company paid out less profit while spending millions on international expansion plans.
It takes the total paid to Coates since 2024 to almost £1.5bn.
Her extraordinary pay package regularly ranks among the highest in Britain and will maintain her status as the world’s best paid woman at a time when many in the UK and across the globe are struggling to cope with the rising cost of living.
Luke Hildyard, the director of the High Pay Centre, which campaigns for restraint in excessive executive pay, said it was “hopelessly inefficient for such a huge amount of income to accrue to one individual” when so many people in Britain were “going through such hardship”.
