John Coates (businessman)
John Coates | |
---|---|
Born | John Fitzgerald Coates January 1970 (age 54) |
Nationality | English |
Education | Bristol University |
Occupation | Businessman |
Known for | Joint CEO of bet365 Joint chairman of Stoke City |
Parent | Peter Coates |
Relatives | Denise Coates (sister) |
John Fitzgerald Coates (born January 1970), is an English billionaire businessman and the joint chief executive (CEO) of online gambling company bet365 and joint-chairman of Stoke City.
Early life
[edit]John Fitzgerald Coates was born in January 1970,[1] the son of Peter Coates, chairman of Stoke City F.C. and director of Bet365. He attended Bristol University, where he studied law.[2]
Business career
[edit]Coates started his career as a lawyer. In 2001, after selling some of their father's betting shops to large bookmaker Coral, his sister convinced him to join her in launching bet365.
Bet365
[edit]John and his sister Denise Coates[3] are co-CEOs of UK-based bet365, an online gambling company, of which he owns a quarter.[4]
Bet365 Foundation
[edit]John helped Denise set-up the Bet365 Foundation in August 2012 and it has donated £100 million[5] to 20 UK charities to help support projects at home and abroad.
Stoke City
[edit]In July 2015, Coates was appointed as vice-chairman at Stoke City, where his father is chairman.[6] In September 2020, Coates was appointed as joint-chairman alongside his father.[7]
Personal life
[edit]He is married, with two children, and lives in Stoke-on-Trent.[2]
References
[edit]- ^ "HILLSIDE (LEISURE) LIMITED - Officers (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 5 September 2019.
- ^ a b "Forbes profile: John Coates". Forbes. Retrieved 14 October 2020.
- ^ Bowers, Simon (8 June 2012). "Denise Coates: the hidden 24/7 woman behind Bet365". the Guardian. Retrieved 14 May 2016.
- ^ Torrance, Jack (3 March 2015). "More people became billionaires last year than ever before". www.managementtoday.co.uk. Retrieved 14 May 2016.
- ^ Bowers, Simon (11 July 2014). "Bet365's Denise Coates sets up £100m charity foundation". the Guardian. Retrieved 14 May 2016.
- ^ Spinks, Martin (2 July 2015). "Stoke City: John Coates appointed vice chairman". Stoke Sentinel. Retrieved 14 May 2016.
- ^ "Board Announcement". Stoke City. Retrieved 9 September 2020.