The Chief Executive and co-Founder of gambling firm Bet365 paid herself a record £199million last year, making her the highest-paid boss in Britain.
Denise Coates was given a £199million salary last year, as well as collecting £18million in dividends – The Telegraph reports. Coates founded the betting empire after borrowing £15million off the families already pre-existing betting companies.
Speaking to The Guardian in 2012, Coasted commented: “We mortgaged the betting shops and put it all into online. We knew the industry required big start-up costs but … we gambled everything on it. We were the ultimate gamblers if you like.”
Coates’s hefty salary is in response to positive growth in the company, after customers last year wagered £47billion, an increase of £10billion on the previous year. However, The Independent reports that Coates’ success has been met with some controversy, as her enormous salary is reflective of the number of lives harmed by gambling additions.
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