J.K. Rowling is secretive about her fortune and has denied being a billionaire. Here's how the famous 'Harry Potter' author spends her millions.
J.K. Rowling is a never-ending vault of stories, so it's no surprise that her fortune is similar. The beloved Harry Potter author has done her best to keep the details of her wealth under the invisibility cloak, but as of 2016, the New York Times estimated her net worth at $1.2 billion after taxes.
Since the series started in 1997, 500 million copies of Harry Potter books have been sold worldwide. The last book in the series, Harry Potter and the Deathly Hallows, broke records to become the fastest-selling fiction book of all time. By the New York Times' estimate, the Harry Potter novels have racked in at least $7.7 billion, and if J.K. Rowling took a standard authors royalty cut of 15%, she would have made at least $1.
Rowling kept her fans reading and watching with the production and script release of Harry Potter and the Cursed Child in London and New York and the two Fantastic Beasts movies, and while the new films have grossed far less than the original series, the first Fantastic Beasts made a worldwide gross of $814 million. By Forbes' estimate, Rowling still received 10 million for the less-loved spin-off.
Additionally, Rowling launched her self-proclaimed"digital heart of J.K. Rowling's wizarding world" website, Pottermore, in April 2012. Pottermore brought in $19 million in revenue in 2016, through multiple partnerships to sell e-books and audiobooks.
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