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Denise Coates
#440

Denise Coates

Source of wealth: Online gambling

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Denise Coates's fortune with the healthcare spending of a massive country

Denise Coates could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.7 years.

But even if we compare their fortune with that of a rich country

On the other end, Denise Coates could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.6 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Denise Coates could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.4 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Denise Coates could pay for it entirely for 3.3 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Denise Coates could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 13.7 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Denise Coates with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.3 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Denise Coates's fortune is equivalent to 56 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Denise Coates could buy 14,864,707 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 3 trucks to transport them. Although Denise Coates will almost certainly have enough money left over to pay for the gas.

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Biography

Coates is co-CEO of Bet365, one of the world's largest online gambling companies, along with her billionaire brother, John.

Coates first trained as an accountant before taking over a number of her family's betting shops and then selling them to bookmaker Coral.

Noting the success of online gambling businesses, Coates bought the domain Bet365.com in 2000 and launched the website in 2001.

She owns around half of privately held Bet365, which facilitates more than $65 billion in bets a year.

Financial Assets

Financial assets information not available.

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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