JK Rowling may be the richest author in the world today, but the woman who invented Harry Potter once struggled to make ends meet. Rowling is the first author in history to have an estimated fortune of more than $1 billion, and she lived in relative poverty, much of which was spent on her children’s education and her husband’s health care costs before her first “Harry Potter” books were published.
Rowling’s Harry Potter’s Enormous Success
According to CNBC, Rowling is said to have earned well over $1 billion from “Harry Potter” books alone, which she estimates could earn her current salary of $200,000 a year as per The Street.
According to Scholastic, seven of the Harry Potter books have been published and sold more than 1.5 million copies worldwide. Rowling estimated that she would earn well below $2 billion in her first year as an author, and well above that in the second year of her career as per The Cheat Sheet.
With the success of “Harry Potter,” J.K. Rowling has sold other books around the world, such as “The Hunger Games” and “Dumbledore’s Chamber of Secrets,” as well as a number of other novels.
Rowling has said she does not intend to continue the “Harry Potter” series, but has hinted that an eighth book in the Harry Potter series is a possibility. Rowling has written a storybook mentioned in “The Sanctuaries of Death,” and it is said she has finished a short story.
She mentioned plans to write a definitive encyclopedia of the Potter world, as well as a series of books on the history and history of magic in general.
How J.K Rowling Published the Harry Potter Series
In 2003 Rowling published the fifth book in the hugely successful Harry Potter series, which she continued in 2003 as stated by Greatest Britons. Although Rowling denied any involvement in the creation of the third book, “Harry Potter and the Deathly Hallows, Part II,” the fourth book in “The Harry Potter” and refused permission to film it with “Hogwarts,” she released it in 2004.
The American rights to the book were bought by Scholastic Press, which gave it the title “Harry Potter and the Philosopher’s Stone,” but Rowling did not sign the rights and distributed the e-books of “Harry Potter” only through her own website.
In 2006, the Scholastic Press paid Rowling to stop teaching and write the next book in the “Hogwarts” series. It took the next six years to complete and publish the first book in the “Harry Potter” series, but it wasn’t published until December 2008.
How She Became a Billionaire
Rowling became the world’s first billionaire, and she did so by adding to her already fabulous wealth.
With over 500 million copies sold worldwide, the Harry Potter series has become the best-selling book series of all time. Many years later, JK Rowling has become a renowned bestselling author, selling more than 500 million copies of her books, making her one of the most successful authors of all time.
Meanwhile, the overwhelming success of the “Harry Potter” series has made her the world’s first billionaire, and she is known to have done more for literacy than any other author on the planet.
Harry Potter has evolved to become the number one bestselling book series in the United States and the world’s best-selling book series.