Portrait of Denise Coates

Rank #446

Denise Coates

Net worth $8.2B

Online gambling · United Kingdom

Born
Sep 26, 1967
Age
58
Source
Online gambling
Residence
Stoke-on-Trent
Citizenship
United Kingdom
Marital status
Married
Children
5
Education

Net worth over time

Biography

  • Coates is co-CEO of Bet365, one of the world's largest online gambling companies, along with her billionaire brother, John.
  • Coates first trained as an accountant before taking over a number of her family's betting shops and then selling them to bookmaker Coral.
  • Noting the success of online gambling businesses, Coates bought the domain Bet365.com in 2000 and launched the website in 2001.
  • She owns around half of privately held Bet365, which facilitates more than $65 billion in bets a year.
  • At university Coates studied the STEM field of Econometrics while working for her father crunching numbers in his betting shops.
  • Coates' company also owns a majority stake in Britain's Stoke City Football Club.