Stephen King Highest-Paid Author in the World

  • By Carol Kearney
  • Washington
  • Last updated on

Stephen King
Stephen King led People With Money’s annual list of the “100 highest paid authors” released on Saturday.
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It's been a rough year for the author, but at least he has his millions of dollars to ease the pain. 77-year-old Stephen King has taken the No. 1 spot on People With Money’s top 10 highest-paid authors for 2024 with an estimated $46 million in combined earnings.

UPDATE 22/12/2024 : This story seems to be false. (read more)

Stephen King tops annual list of highest-paid authors

In 2022 it looked like the author’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (December 21) that King is the highest-paid author in the world, pulling in an astonishing $46 million between November 2023 and November 2024, a nearly $20 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 American author has an estimated net worth of $145 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 King Burger” chain) in Washington, a Football Team (the “Portland Angels”), has launched his own brand of Vodka (Pure Wonderking - US), and is tackling the juniors market with a top-selling perfume (With Love from Stephen) and a fashion line called “Stephen King Seduction”.

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

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