Meet the online betting business owner who is the highest paid woman in the world (photos)

Meet the online betting business owner who is the highest paid woman in the world (photos)

- A female British billionaire is the highest paid woman in the world

- The woman is the owner of an online betting company known as Bet365

- Denise Coates makes 265 million pounds salary per year

A British mother of five identified as Denise Coates is known as the highest paid woman in the world. This extraordinary woman, who owns an online betting company makes over N124 biillion per year.

The 51-year-old who is married to Richard Smith is said to have a salary of 265 million pounds per year.

According to The Guardian, if her salary is stacked up in 50 pounds notes (N23,540), it would form a tower that is almost twice as high as the Shard skyscraper in London.

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Coates' company, Bet365, gets wagers from gamblers higher that the annual economic output of some countries. In 2018, it was said that the company gamblers wagered 52.5 billion pounds, an amount said to outstrip the annual economic output of Croatia and Uruguay.

The company’s winnings on those wages shown as revenue in financial accounts released shows that she made 2.7 billion pounds ( N1.2trillion).

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In 2017, Coates made 217 million pounds as salary from the profits of what has now become the remains of a private family owned business.

It was gathered that Coates' father, Peter, was the son of a miner who became successful as a local businessman who owned a string of betting shops.

However, it was the 51-year-old woman who made her father's business into an online money making company as an econometrics graduate.

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Being rich is something everybody wants to be in this world. Yes, maybe some people just want to be comfortable, but most people want lots and lots of money because money makes life easy, it is believed by many, that one can do almost anything they want if there is money.

READ ALSO: upgrades to a letter from our Editor-in-Chief Bayo Olupohunda had earlier reported that Nigerian media mogul Linda Ikeji who is known to have made her billions from blogging shared a problem she faces as a rich woman. Ikeji had taking to social media to say one of her problems is wondering which car to drive out. ( -> We have upgraded to serve you better

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Source: News

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