Rank #1379
John Coates
Net worth $3.1B
Online gambling · United Kingdom
- Born
- Jan 07, 1970
- Age
- 56
- Source
- Online gambling
- Residence
- Stoke-On-Trent
- Citizenship
- United Kingdom
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- John Coates is the co-CEO of U.K. company Bet365, one of the world's largest online gambling businesses.
- He joined his billionaire sister and co-CEO, Denise, in 2001 to launch Bet365 after she sold some of their father's betting shops.
- Bet365 has since become a global player, with over 53 million customers across 200 countries; John owns a quarter of the firm.
- In July 2015, he became the vice chairman of English Premier League's Stoke City Football Club, in which Bet365 has a majority stake.
- Coates studied law at Bristol University and started his career as an attorney.
- Bet365 handles more than $65 billion of bets a year.