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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Comments
Yeesh, that's a lot of cheddar!
sharpe
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.
Haha, yeah. To me and you that's a lot, but to her that contribution is a drop in the ocean.
sharpe
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 💰💰💰
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
sharpe
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...
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 🤑
sharpe
Yeah, that would be quite a good motivation for leaving the bed in the morning...🤑
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..😉