Billionaire Profile

Global Rank

#1363

Image: Sergeant Gary Dahn | Public domain | via Wikimedia Commons

John Coates

CEO, Online gambling

UNITED KINGDOM

Real-Time Net Worth

$3.037B

Estimated based on Online gambling stock value as of March 6, 2026

0% (24h)

Age

Source

Online gambling

Industry

Gambling & Casinos

Citizenship

UNITED KINGDOM

Biography

John Fitzgerald Coates is a British billionaire businessman, best known as the co-CEO of Bet365, one of the world's largest online gambling businesses. Born in January 1970, Coates, along with his sister Denise Coates, transformed a family business into a global gambling empire. His career began as a lawyer, but his focus shifted when he joined his sister in launching Bet365 in 2001. He owns a quarter of the firm and has built a net worth of $4.2 Billion as of October 2024. Coates is also the chairman of Stoke City Football Club, in which Bet365 has a majority stake. Through the Bet365 Foundation, he has actively contributed to philanthropic causes.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

Portfolio Holdings

Bet365

In-Depth Profile

Early Life

John Fitzgerald Coates was born in January 1970, in Stoke-on-Trent, England. He is the son of Peter Coates, chairman of Stoke City F.C. and a director of Bet365. Coates comes from a wealthy family and attended prestigious schools. He studied law at Bristol University.

Rise to Success

Coates started his career as a lawyer. In 2001, after his sister Denise sold some of their father's betting shops to Coral, he joined her in launching Bet365. Bet365 has grown into a global leader in online gambling, with over 53 million customers across 200 countries. John Coates owns a quarter of the company.

Key Business Strategies

Coates, along with his sister Denise, focused on the potential of online gambling in the early 2000s. The company has since focused on innovation and technology to offer a wide array of betting options, including sports betting, casino games, and poker.

Philanthropy

John Coates, along with his sister Denise, established the Bet365 Foundation in August 2012. The foundation has donated to numerous UK charities. The Bet365 Foundation has donated £100 million to 20 UK charities to help support projects at home and abroad.

Career Milestones

2001

Co-founded Bet365

Co-founded Bet365 with his sister Denise, launching the company after selling some of their father's betting shops.

2015

Vice-Chairman of Stoke City F.C.

Became vice-chairman of English Premier League's Stoke City Football Club, in which Bet365 has a majority stake.

Philanthropy & Social Impact

General Philanthropy

Bet365 Foundation

$160M

Established the Bet365 Foundation which has donated to numerous UK charities.

Education

University of Bristol Law School Bursary

$120K

Funded a bursary scheme to support students from low-income backgrounds.

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