UK's richest businesswoman earned thrice as much as Apple CEO Tim Cook after 45% pay cut
Hindustan TimesUK's highest-paid woman took a 45% pay cut but still earned more than most global CEOs, said a report by the BBC. Joint-CEO of gambling firm Bet365, Denise Coates, has retained her status as billionaire and UK's highest-paid woman despite the pay cut last year. Denise Coates' earnings reached an all-time high during the 2020 Covid pandemic as the online gambling sector surged In 2024, Coates earned £158.7 million in salary and dividends for the year, according to company filings. While her pay declined compared to previous years, her earnings still remain far ahead of most CEO's like Apple's Tim Cook, who earned £49.7 million in 2023 —less than a third of Coates’ total earnings. Denise Coates’ pay cuts came amid a notable surge in Bet365's financial performance.
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