Since early 1995, when she completed her first book of the Harry Potter series, there has been nothing but success to the career of this great writer. Wanna find out about J.K Rowling's net worth? Keep reading!
J.K Rowling is an English author, best known for creating the Harry Potter franchise. Rowling started from the bottom, and is a pure example of rags to riches.
In early 1995, J.K. Rowling completed her first book of the Harry Potter series and asked a reader to review the first three chapters. Since the response was overwhelming, she decided to try her hand at publishing.
She sent out drafts of her book to 12 publishing houses in London and was rejected by them all. A year later, one publishing house in London decided to publish The Harry Potter and the Philosopher’s Stone; and Rowling was given a cheque of $1500 in advance.
The saga continued to grow and increase the number of readers considerably with her other two books, The Chamber of Secrets and The Prisoner of Azkaban, and it was in the year 2000 when ‘Harry Potter and the Goblet of Fire’ was released. It went on to sell 3 million copies within the first 48 hours of its release, breaking all records.
2005 saw the sixth book ‘Harry Potter and the Half-Blood Prince’, which sold 9 million copies within the first 24 hours. The seventh and final book ‘Harry Potter and the Deathly Hallows’ saw the series coming to an end in 2007.
The journey made J.K. Rowling a tremendous amount of money and fame. She also helped launch many actor’s careers, including Daniel Radcliffe and Emma Watson. Today, J.K Rowling’s net worth is $1 billion.
Rowling has splurged on real estate, building a portfolio of homes across England and Scotland. But Rowling puts much of her fortune to taxes, opting to pay Britain's highest tax rate.
She has previously said she feels indebted to the system because she was on welfare when writing the first Harry Potter book. She has also made many charitable donations over the years, totaling at least $150 million.