Coates pays herself £270m for year despite Bet365 swinging into loss
Evening Standard|January 08, 2024
BET365 boss Denise Coates paid herself another £270.7 million in the year to March 2023, despite the gambling firm swinging to a loss as it spent big entering new markets across the Atlantic.
Daniel O'Boyle
Coates pays herself £270m for year despite Bet365 swinging into loss

The bumper pay packet made up of a £220.7 million salary and at least £50 million in dividends made Coates, right, one of the world’s highest-paid executives, and works out to about £8.50 a second. Her earnings are more than 10 times that of any FTSE 100 boss, and top the $253 million (£199 million) made by Blackstone’s Stephen Schwarzman, the top-paid boss on Wall Street.

Nine-figure salaries have been the norm for Coates who has made more than £1.5 billion since 2016. She has also been among the UK’s top taxpayers over that period. While other bosses accumulate more wealth in a year as the value of the shares they hold grow, few are directly paid over £100 million.

هذه القصة مأخوذة من طبعة January 08, 2024 من Evening Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 08, 2024 من Evening Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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