Dennis Coates net worth Wiki, Height, Biography, Wife, Children And Early Life
Dennis Coates net worth
Dennis Coates Net Worth and Salary: Dennis Coates is a British businesswoman with a net worth of $3.6 billion. As the founder and current co-CEO of online bookmaker Bet365, Dennis Coates has not only made billions, but has also established herself as arguably the UK’s most successful self-made businesswoman.
From her personal experience, it can be said that she has an entrepreneurial spirit since she was a child. When Denise started working at her father’s betting shop, she was still in school, mostly crunching numbers as a cashier. Next, she trained as an accountant and took over some of her father’s stores, turning their fortunes around before selling them to the huge bookmaker Coral. After the deal, she noticed the huge potential of the online gambling business, as the dotcom bubble was just beginning. So she urged her family to invest in that direction. Denise Coates purchased the Bet365.com domain name in 2000, and after being shunned by traditional venture capitalists, she successfully launched the site in March 2001 less than a year later. She now shares the CEO role with her brother John and is the company’s single largest shareholder with a 50.3% stake. Bet365, which had sales of $1.6 billion last year, also owns Premier League side Stoke City.