Denise Coates, founder of Bet365, has fallen to third in the annual list of the top taxpayers in the UK, while Betfred’s Fred and Peter Done climbed to fourth.

Published each year by The Times newspaper, the Tax List features the top 100 UK taxpayers. Those on this year’s list paid a collective £5.35bn (€6.27bn/$6.81bn) in tax during 2023.

The Coates family, including Denise, John and Peter Coates – Bet365’s co-chief executives and chairman – paid £375.9m in tax. This was down from the £460.2m that was reported in the 2023 list.

Denise Coates is the richest self-made woman in the UK, launching Bet365 from a car park in Stoke-on-Trent. The Times said Coates last year paid herself a total of £220.0m.