Erik Orsenna Highest-Paid Author in the World

Erik Orsenna
Erik Orsenna led People With Money’s annual list of the “100 highest paid authors” released on Sunday.

It's been a rough year for the author, but at least he has his millions of dollars to ease the pain. 73-year-old Erik Orsenna has taken the No. 1 spot on People With Money’s top 10 highest-paid authors for 2020 with an estimated $58 million in combined earnings.

UPDATE 21/09/2020 : This story seems to be false. (read more)

Erik Orsenna tops annual list of highest-paid authors

In 2018 it looked like the author’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Sunday (September 20) that Orsenna is the highest-paid author in the world, pulling in an astonishing $58 million between August 2019 and August 2020, a nearly $30 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The French author has an estimated net worth of $185 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Orsenna Burger” chain) in Paris, a Football Team (the “Paris Angels”), has launched his own brand of Vodka (Pure Wonderorsenna - France), and is tackling the juniors market with a top-selling perfume (With Love from Erik) and a fashion line called “Erik Orsenna Seduction”.

The ranking is significant for many Erik fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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