The company operates on an income of million pounds and recorded a 2. The foundation was formerly the Bet Foundation. Since its inception in , the foundation has made donations in excess of ,, pounds to charities concerned with cancer patient care, relief programs, theatres, and scholarships.
Denise lives in Betchton where she is married to Smith Richard. The couple has five children, four of whom are adopted. Her business has won her several awards and recognitions in the UK and around the world. John Coates is a trained lawyer turned businessman living in Stoke-on-Trent with his wife and two children.
The family is one of the wealthiest in the UK, with all three — Peter, John, and major shareholder Denise — being billionaires. Sign in. Forgot your password? Get help. Create an account. But campaign group the High Pay Centre said it was "appallingly inefficient for single individuals to hoard wealth in this way". Ms Coates, who founded the Bet website 20 years ago in Stoke-on-Trent, has been the UK's highest paid boss for several years. She is also one of Britain's wealthiest women and a major philanthropist, donating millions through the Denise Coates Foundation.
However, the company said it had not cut staff pay or laid off employees as a result of the crisis. It also did not make use of the furlough scheme.
Ms Coates and her brother John took over the gambling business 20 years ago, which was run by their father. Ms Coates now owns about half of the company. She has previously been described as one of the UK's "most successful women". Ms Coates achieved a first-class degree in econometrics and later trained as an accountant within the family firm, building further on the knowledge of the then small chain that she picked up while working part-time during high school.
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