So how does Coates\u2019 salary stack up against the other 0.0001 percenters?<\/p>\n
Well, it\u2019s certainly difficult to find anyone who was paid higher last year, although admittedly not all the results are in, and there are likely to be individuals who are off the radar.<\/p>\n
It has been reported that Elon Musk was the best-paid executive in 2020. But it\u2019s not that simple. Musk is not paid a salary at all, but is compensated at Tesla via an elaborate performance-based rewards plan that mainly involves stock options.<\/p>\n
This either means he earned over $700 million in 2020, or nothing, depending on whom you listen to.<\/p>\n
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Meanwhile, Amazon founder Jeff Bezos may be the world\u2019s richest man, but most of his estimated $200 billion is tied up in Amazon shares, which is like having the biggest pile of gift vouchers on the planet. His actual salary is very modest \u2013 around $80,000. That\u2019s roughly what Coates earns every 15 minutes.<\/p>\n<\/div>\n
Other likely candidates we looked at didn\u2019t come close. Alphabet (Google) CEO Sundar Pichai is expected to have earned (only) around $200 million, while Microsoft boss Satya Nadella bagged a paltry $44.32 million in 2020.<\/p>\n
Another Brit, the hedge fund billionaire Sir Chris Hohn, paid himself \u00a3343 million ($474 million) last year.<\/p>\n
According to Forbes<\/em>, an authority on most things wealth-related, the highest-paid celebrity in 2020 was Kylie Jenner, with earnings of $590 million.<\/p>\nCoates trumps Jenner\u2019s personal income by almost $60 million. Not bad for a woman who started her business in\u00a0a portable building in an unglamorous part of England nearly 20 years ago.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bet365 founder and joint-CEO Denise Coates is no longer just the UK\u2019s highest-paid woman, or even its highest-paid executive, as she was in 2019, 2018, and 2017. The news that in 2020 she received a nosebleed-inducing \u00a3469 million ($648 million) makes her the most handsomely compensated person in British corporate history. It is possible she […]<\/p>\n","protected":false},"author":36,"featured_media":169302,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1074],"tags":[],"acf":[],"yoast_head":"\n
Bet365 Founder Denise Coates Gets Flak for $648 Million Pay Packet<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n