Home > Finance > Bet365 owner maintains top-20 spot in Times Rich List

Bet365 owner maintains top-20 spot in Times Rich List

| By Robert Fletcher
Bet365 founder, Denise Coates, and her family remained 16th on the 2023 Sunday Times Rich List of the wealthiest people and families in the UK.
Bet365, Times, Denise Coates

The latest edition of the list which is published each year by the Sunday Times newspaper, put Denise, John and Peter Coates and family in 16th position with a total worth of £8.80bn (€10.13bn/$10.97bn).

This was the same place as in the 2022 list, with Coates and her family having accumulated an additional £158m in wealth since the last list was published.

The Coates family were ranked between XTX Markets chief executive Alex Gerko in 15th with £9.13bn and Bestseller and Asos CEO Anders Holch Povlsen in 16th place with £8.50bn.

The Sunday Times Rich List is published every year

Coates founded Bet365 in 2001, borrowing £15.0m against her family’s betting shop estate to launch the online gambling brand.

India-born businessman Gopi Hinduja, whose Hinduja Group owns a number of companies such as Gulf Oil International and IndusInd Bank, topped the list with a fortune of £35.0bn.

Sir Jim Ratcliffe, the CEO of Ineos chemicals group who has been linked with a takeover of Premier League football club Manchester United, was second on £29.69bn.

In third was Sir Leonard Blavatnik, who found his fortune in investment, media and music, with £28.63bn.

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