Denise Coates, the 53-year-old founder and chief executive officer of the gambling group Bet365 pocketed 468.9 million pounds ($648 million) in pay and dividends, in the year ending 29 March – almost 50% more than a year earlier – according to a filing from the online bookmaker.
Bloomberg reports that her salary of 421.2 million pounds from the British firm makes her one of the world’s best-paid bosses. It also strengthens her status as the U.K.’s richest woman, adding to a fortune already among the world’s 500 largest, according to the Bloomberg Billionaires Index.
BBC also reports that this is one of the biggest pay packets in UK corporate history.
Founded about two decades ago, Bet365’s business has benefited from the growing popularity of online sports betting. The company is based in the United Kingdom and operates internationally.