In March 2020 the foundation granted £235,000 to The New Vic Theatre in Newcastle-under-Lyme for essential refurbishment and redevelopment. [8] Bet365.com was launched in 2001 as an online betting site. In March 2020 the foundation granted £235,000 to The New Vic Theatre in Newcastle-under-Lyme for essential refurbishment and redevelopment. [21] In 2012, she received an honorary doctorate from Staffordshire University. They have been raised in her converted Cheshire barn and privately educated. According to the 2015 Sunday Times Rich List, Denise, John and Peter Coates are worth an estimated £2.3 billion ($3.7 billion). Nor can she have envisaged that a sizeable number of her company’s 22 million clients would become so hopelessly hooked on the product she developed that they would lose everything – their homes, jobs, marriages, and even their lives. If Denise Coates’s record-breaking £265m pay packet was stacked up in new £50 notes it would form a tower almost twice as high as the Shard skyscraper in … [7][1][20], In January 2012, Coates was appointed a Commander of the Order of the British Empire (CBE) for services to the community and business. [17][18], In April 2020, Coates donated £10 million through her foundation to University Hospitals of North Midlands to support staff fighting coronavirus. [9], Coates is the majority shareholder with 50.01% of Bet365. So, Coates took it upon herself to change that; in 200, she paid 10,000 GBP from the URL Bet365.com. [3] In 2018, Coates was paid a £323 million, which included a 50 per cent share of a £92.5m company dividend. Denise Coates still runs the company alongside her brother “John Coates”. After some time from their marriage, the couple welcomed a baby child in their house. [6], While at school, Coates started work in the cashiers' department of Provincial Racing, a bookmaking firm owned by her family. I don’t know what I would do if The Donna Louise wasn’t there any more – there’s always someone there and now I know that they’ll always be there too; that’s such a wonderful feeling!". The couple adopted four girls from the same family a few years ago and they also have a child of their own, but she had been described as 'reclusive' after keeping her home life well away from the limelight. var prefix = 'ma' + 'il' + 'to'; Email: This email address is being protected from spambots. Near the end of the millennium, with the Internet Age squarely in our sites, Denise felt the time was right to jump into the uncharted world of internet gambling. Simon Bowers. Following this, Coates became managing director over the small chain of shops in 1995. In 2015, Bet365 moved its headquarters to Gibraltar because of its favourable regulations. The company also owns a majority stake in Stoke City Football Club. [2], In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion. Her company also gives generously to various charities (though not nearly enough to those that help gambling addicts, according to critics). She tied the knot with her boyfriend turned spouse, Richard Smith. || []).push({}); Your email address will not be published. It is a registered charity under English law[12] and it donated £100 million[13] to twenty UK charities as of 2014. Many of our students move often, so they perhaps find it less daunting than we think they would. After all, having taken over the running of a handful of provincial bookmaker’s shops belonging to her father, soon after leaving university, she has transformed the business into ‘the world’s favourite online sports gambling company’ – to quote Winstone’s oft-repeated boast: a remarkable entrepreneurial feat. After leaving the military, he took a job with the Wimpy … She earned a first class degree in econometrics from the University of Sheffield. The newly commissioned service, named ‘The Denise Coates Foundation Service for Young Adults at The Donna Louise,’ will operate from the purpose built, multi-million pound facility adjacent to the existing children’s hospice in Trentham. She pointedly rejected it. Her brother and father John and Peter are also directors at Bet365. Kenny Lynch Wiki, Age, Height, Career, Family, Wife, Death, Biography & More, IPL 2020 Highest Paid Players: Auction Live Updates, Pacita Abad Wiki, Age, Height, Education, Career, Family, Husband, Death, Biography & More, Reche Caldwell Wiki, Age, Height, Family, Girlfriend, Death, Net Worth, Biography & More, Colby Cave Wiki, Age, Height, Career, Parents, Wife, Death, Salary, Biography & More. More than half of the Bet365 goldmine is owned by Ms Coates, who with her husband, Richard Smith – also a Stoke director – recently adopted four young children from the same family. Something was brewing with this whole “Internet” thing …and there was opportunity everywhere. This lasted until he was old enoughto enter the military, at which point he joined the Parachute Regiment tofulfill his obligations under the 1948 National Service Act. People in Liverpool fear no one will BELIEVE their test result after expert admits... More proof England's lockdown was premature? The previous evening I had attended the weekly meeting of a group of Stoke gambling addicts, and listened to their heart-rending stories. Of course, when she took over her father’s ‘small chain of pretty rubbish betting shops’, as she puts it, and began running them from a Portakabin, she cannot have foreseen that she would one day sit astride the world’s most lucrative online betting enterprise. 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