Denise Coates Net Worth

Net Worth:	$4.4 billion
Date of Birth:	September 26, 1967 (57 years old)
Gender:	Female
Height:	6 ft 4 in (1.93 m).
Profession:	Businesswoman
Nationality:	British

What is Denise Coates’net worth? How does Denise Coates make her money? Below is the current net worth of Denise Coates and how Denise Coates makes her money.

What is Denise Coates’ Net Worth?

Denise Coates CBE  is a British businesswoman and billionaire who has a net worth of $4.4 billion. She is the major stakeholder, the owner, and joint chief executive of Bet365; an online gambling company, and according to the Sunday Times Rich, she is enlisted as one of Britain’s wealthiest women.

For several years, she is well recognized as has been the highest-paid chief executive in Britain, and in October 2019, her net worth was about $orbes12.2 billion according to Forbes magazine.

Early life and Education

Denise Coates was born on the 26 of September 1967 as the oldest daughter of the Director of Bet365 and Stoke City F.C chairman Peter Coates.

She obtained a first-class degree from the University of Sheffield in econometrics.

Career in Business

Denise started working at Provincial Racing, a bookmaking business owned by her family, in the cashiers’ department while she was still schooling. She stayed on at Provincial Racing as an accountant after graduating from college.

Subsequently, she was appointed managing director of the little chain of stores in 1995. In order to purchase a nearby chain, Denise received a loan from Barclays in the same year.

Personal life

Denise Coates is wed to Richard Smith; they both reside in Betchton, which is close to Sandbach in Cheshire. She has customized number plates with her initials on her Aston Martin.

They are blessed with five children of which four were adopted ”recently from the same family” according to a report as of March 2014.

Awards and Distinctions

Denise Coates received the CBE designation in January 2012 for her immersed contributions to the community and business.

Staffordshire University awarded her an honorary doctorate in 2012.

The BBC Radio 4 program Woman’s Hour recognized Coates as one of the top 100 British women in 2013.

Denise was given an honourary award for her leadership role in the gambling industry for being inducted into the Sports Betting Hall of Fame in 2019, which is handled by the Sports Betting Community (SBC).

Association of Denise Coates

In February 2016, Denise Coates Foundation was founded and established which was initially called the Bet365 Foundation when it was originally founded in August 2012 by Denise.

As of 2014, the company donated £100 million to twenty UK charities and was recognized as a charity under English law.

Oxfam, the Douglas Macmillan Hospice in Stoke for cancer patients, CAFOD, and relief initiatives for those affected by Typhoon Haiyan in the Philippines have all received funding from the Denise foundation

Also, aid and donations are provided to the theater and university scholarships.

St. Joseph’s College in Trent Vale received a whopping $230,000 donation from The Foundation for its work supporting marginalized youth in Bo, Sierra Leone.

 

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