Dennis Coats biggest UK Tax payer

Dennis Coats biggest UK Tax payer

According to the Sunday Times Tax List, the Coats family – which owns online sports betting giant Bet 365 – has been named the UK’s largest taxpayer of 2019.

The accolade may also criticize the media, directed by Dennis Coats, the CEO and cofounder of the private company, for his extraordinary annual salary, which has exceeded $ 1 billion over the past three years.

£ 323 million Tax Paid

The 52-year-old mother herself paid £ 323 million ($ 422 million) in 2019. It broke the record for the largest executive pay packet in UK corporate history, set last year by Coates when he himself paid £220 million ($ 287 million).

World’s Biggest Pay Packet?

But Dennis Coates’  remuneration for 2019 remains controversial. This equates to around £ 162,500 ($ 212,000) per hour based on an average work week of 40 hours.

Given the highest executive pay in the world for 2019, it is the most difficult to find.

But Musk’s $ 2.2 billion salary is complex because it is largely based on stock options linked to performance targets as opposed to cash.

Kasturi is also notorious for cashing his pay check. In 2018, he was told that $ 513 million had been “paid”, with Tesla stating that he had actually “earned $ 0” from the company.

There is also a lack of readily available information about the salaries of Russian oligarchs, Chinese tech moguls, and perhaps Macau’s junk operators.