Bet365 Boss Earns ₤ 469m in A Single Year Bet365 boss earns ₤ 469m in a single year 1 April 2021 The employer of the gambling firm Bet365 has been awarded among the greatest pay packets in UK corporate history. The highest paid director of Bet365 Group - believed to be founder and majority investor Denise Coates CBE - made a salary of ₤ 421m in the year ending 29 March. She likewise earned ₤ 48m in dividends, taking her total pay to ₤ 469m. The company said the plans were "suitable and reasonable", in spite of sales falling at the firm last year. But project group the High Pay Centre said it was "appallingly ineffective for single individuals to hoard wealth in this method". Ms Coates, who established the Bet365 site 20 years ago in Stoke-on-Trent, has been the UK's highest paid employer for a number of years. She is likewise among Britain's most affluent ladies and a significant philanthropist, donating millions through the Denise Coates Foundation. Her income in the year to March was more than 50% greater than the ₤ 277m gotten in 2019 and suggested she made practically ₤ 1.2 m every day last year. That was more than in charges of every FTSE 100 company integrated, according to the High Pay Centre. It came as sales at Bet365 fell 8% to ₤ 2.8 bn as global sporting events were cancelled due to the pandemic. Profits plunged 74% to ₤ 194.7 m. However, the business stated it had not cut personnel pay or laid off staff members as a result of the crisis. It likewise did not utilize the furlough plan. The business also paid ₤ 85m to Ms Coates's charitable foundation. Ms Coates and her sibling John took over the gambling business 20 years back, which was run by their father. Ms Coates now owns about half of the business. She has actually previously been explained as one of the UK's "most successful females".