J. K. Rowling Highest-Paid Author in the World

J. K. Rowling
J. K. Rowling led People With Money’s annual list of the “100 highest paid authors” released on Wednesday.

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It's been a rough year for the author, but at least she has her millions of dollars to ease the pain. 55-year-old J. K. Rowling has taken the No. 1 spot on People With Money’s top 10 highest-paid authors for 2020 with an estimated $96 million in combined earnings.

UPDATE 29/10/2020 : This story seems to be false. (read more)

J. K. Rowling tops annual list of highest-paid authors

In 2018 it looked like the author’s spectacular career was winding down. Suddenly, she was back on top. People With Money reports on Wednesday (October 28) that Rowling is the highest-paid author in the world, pulling in an astonishing $96 million between September 2019 and September 2020, a nearly $60 million lead over her 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 British author has an estimated net worth of $275 million. She owes her fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. She also owns several restaurants (the “Fat Rowling Burger” chain) in London, a Football Team (the “Yate Angels”), has launched her own brand of Vodka (Pure Wonderowling - UK), and is tackling the juniors market with a top-selling perfume (With Love from J. K.) and a fashion line called “J. K. Rowling Seduction”.

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

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