Portrait of John Coates

Rank #1373

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.