Bet365 Owner Gets Paid £323 Million

This story was published more than 1 year ago.

The owner of betting group Bet365 has paid herself a salary of £323 million last year, the largest amount ever paid to a British company executive.

The salary is likely to cause some criticism in the country, as the total is 9,500 times the average salary in the country, coming out to £1.3 million per day of work. The total is also 2,000 times the salary of current prime minister Boris Johnson. It's unlikely that Coates will care though, as she paid herself £276,585 the year prior as well as dividends in the range of £45 million.

Over the course of the last three years, Coates has collected more than £817 million.

The UK businesswoman is the 19th richest person in the UK, with an estimated net worth of £6.9 billion. She started Bet365 in 2000, growing the brand into an online betting powerhouse that's present in a variety of countries around the world.

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About the author

Therese Williams // UK Correspondent
Therese Williams
Therese is a fervent fan of slot machines and pub fruities, often trying her luck at some of the top online casinos. She covers news for Casino Listings with a focus on the UK and Europe. Therese studied arts and creative writing at university and has written for newspapers in the UK.
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usbarbadosslim93
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18 December 2019 - 6:03pm
#1

Yeesh, that's a lot of cheddar!

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19 December 2019 - 7:10pm
#2

After that news I'm on the verge of stop playing there...but I doubt she could care less for my £1000 yearly sponsorship...😉..but that's in a good year..for me.

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20 December 2019 - 4:23pm
#3

Haha, yeah. To me and you that's a lot, but to her that contribution is a drop in the ocean.

sharpe

krcoolsongss
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25 December 2019 - 6:25am
#4

Wow, that's a lot. It is not strange to get criticism 🙂
1.3 million pound per day is really stunning.

I would be very much satisfied with 13,000 pound per day 💰💰💰

caWaroftheGods
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25 December 2019 - 6:59am
#5

Wow, that's is a crazy amount of money to make in only one year. Maybe it's a win for the players side when I share that I have cashed out way more than I have deposited at Bet365 lol

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25 December 2019 - 5:03pm
#6
WaroftheGods wrote:

Maybe it's a win for the players side when I share that I have cashed out way more than I have deposited at Bet365 lol

Way to go Kris👍 It's not enough to make the balance even for the players I'm afraid but well done on your side...maybe you've got my money now😉

I prefer to think that way instead of those funds have gone toward that £323 million lady owner salary...

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26 December 2019 - 6:02pm
#7

Wow that is a lot of cash, if its her company then all I can say is is " if not why Not" its hard to even imagine earning a salary like that , one thing is for sure in that I would love going to work knowing that at the end of my work day I am a million pounds wealthier 🤑

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27 December 2019 - 6:42pm
#8
Quote:

..one thing is for sure in that I would love going to work knowing that at the end of my work day I am a million pounds wealthier 🤑

Yeah, that would be quite a good motivation for leaving the bed in the morning...🤑

Quote:

Wow that is a lot of cash, if its her company then all I can say is is " if not why Not"

She's definitely the owner (it's mentioned in the very beginning of the article) along with the Chairman title...that's why she could afford to pay herself...whatever she wishes really😉..from the owner to the chairman...for a job well done..😉