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Online gambling entrepreneur Denise Coates crowned Britain's youngest female billionaire

CEO Denise Coates has been named Britain's youngest female billionaire while also being the only female in the top 10 richest.

The Bet365 founder has amassed an estimated fortune of £6.2bn and has joined the top rankings alongside Gymshark founder Ben Francis and Revolut founder Nikolay Storonsky, according to data compiled from City Index. It comes after data suggests the net worth of the world's wealthiest individuals is forecast to continue falling.

The age of billionaires is also declining with the average age dropping by 11 years since 2014 - from 58 to 47. City Index used data from Forbes to break down the number of billionaires across the globe and set them by age, sector, and wealth to help establish Britain's youngest billionaires.

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Britain's youngest billionaire, according to the data, is Ben Francis, CEO of fitness clothing brand Gymshark with a worth of £1.02bn. He is closely followed by Revolut founder, Nikolay Storonsky, 39, with an estimated worth of £2.6bn.

Rating

Name

Source

Current Forbes Wealth Ranking Index

Net Worth

Age

1.

Ben Francis

Fitness clothing

2,187

£1.02bn

31

2.

Nik Storonsky

Fintech

928

£2.6bn

39

3.

Alexander Gerko

Trading

520

£4.26bn

43

4.

Saket Burman

Consumer goods

1,834

£1.26bn

46

5.

Andrey Andreev

Online dating

1,517

£1.65bn

49

6.

Will Adderley

Home furnishings

1,683

£1.42bn

51

7.

Christopher Rokos

Hedge fund

1,936

£1.18bn

52

8.

John Coates

Online gambling

843

£2.84bn

53

=9.

Michael Platt

Hedge funds

110

£12.61bn

55

=9.

Denise Coates

Online gambling

294

£6.23bn

55

=9.

Alex Beard

Mining,

Read more on manchestereveningnews.co.uk
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