Denise Coates is now the highest-paid boss in Britain according to a report in the UK’s Daily Telegraph which put her salary as CEO of Bet365 at $261.1 million for the 2016/17 financial year.
Coates also collected $23.6 million in dividend payments. Bet365 reported a $689 million profit for the 2016/17 financial year.
According to the Telegraph, Coates, 50, began her career as a cashier in betting shops owned by her father, and became managing director of the family’s small chain when she was 22. In 2000, she helped found and launch Bet365 with her brother by borrowing $19.6 million against the family’s betting shop estate. Forbes magazine has estimated her net worth at $4 billion.
Last year, Bet365 customers wagered almost $ 61.6 billion, up more than $13.1 billion on the previous year.
