UK’s richest woman gets £300m annual pay

 

Bloomberg

Even after a salary cut, Denise Coates’ paycheck is hard to beat.
The 54-year-old founder and co-chief executive officer of Bet365 Group Ltd got about 300 million pounds ($400 million) in pay and dividends in the year to March 2021, according to a registry filing, taking her total pay from the online bookmaker’s past two financial years to more than $1 billion.
Coates’s salary of 249.6 million pounds alone makes her one of the world’s best-compensated bosses, even though it is down about 40% from the previous period when she pocketed a total of 469 million pounds.
It also strengthens her status as the U.K.’s richest woman and comes after she boosted her majority stake in Bet365 from taking control of shares last year previously held by her father, Peter, filings show. Coates — who is now set to rejoin the world’s 500 biggest fortunes —has earned more than $1.8 billion over the past decade, according to the Bloomberg Billionaires Index.

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