JK Rowling Net Worth
Number of divisions: 17
What is the net worth of JK Rowling?
JK Rowling is a British writer and film producer with a net worth of US$1 billion. JK Rowling is one of the richest ordinary citizens in the UK and the first writer in the world to achieve a net worth of US$1 billion. It should be noted that JK keeps his personal finances extremely confidential and denies that he is a billionaire. If she secretly donates most of her wealth to charity, it might be possible. According to records, she has donated at least US$150 million to charities so far.
As you may know, she gained fame for writing the “Harry Potter” fantasy series that has sold 500 million copies since its debut in 1997. These books gave birth to a multi-billion dollar empire of movies, merchandise, and theme parks. In a given year, JK earned an average of US$5 to US$100 million from her various efforts. Between June 2018 and June 2019, she made $90 million. She wrote her first book as an unemployed single mother living on welfare.
early life
Joanne (“JK”) Rowling was born on July 31, 1965 in Yate, Gloucestershire, England. Growing up, she would write fantasy short stories and read them to her sister Diana. She said that her childhood was not happy because she had a strained relationship with her father, while her mother struggled with health because of multiple sclerosis. She once said that when she was 11 years old, she portrayed the role of Hermione Granger in her own capacity. After JK graduated from the University of Exeter, she studied French and classical literature, and she moved to Porto, Portugal to become an English teacher.
Harry Potter
Rowling worked as a secretary and researcher at Amnesty International in 1990 when she conceived the idea for her first novel about a boy who found himself a wizard and attended a wizard school during a train delay from Manchester to London s story. As soon as she returned to the apartment at Clapham intersection, she began to write.
In 1995, she completed her first novel called “Harry Potter and the Sorcerer’s Stone” (renamed “The Sorcerer’s Stone” in the United States). She found a literary agent and contributed articles to 12 publishing houses, but was strongly rejected by each publishing house. A year later, Bloomsbury Press gave her the green light and prepaid £1,500. The chairman of Bloomsbury has given the first chapter of the book to his 8-year-old daughter for review, and her response is to eagerly request that the remaining chapters be read immediately, thus consolidating the decision to continue the book. Rowling soon received funding from the Scottish Arts Council to write a second book.
“Harry Potter and the Philosopher’s Stone” was originally printed in only 1,000 copies (some of which went directly to the library) and was published in June 1997. This sleeper novel finally began to win awards and gained attention. In 1998, Scholastic Inc won the right to publish the novel in an auction. Scholastic published the book in the United States in 1998 and renamed it “Harry Potter and the Sorcerer’s Stone” (Rowling now admits that he disagrees with this decision and regrets agreeing to this change.)
The first part of the series will be the first part of the final seven-book series and the beginning of a major literary, film, and licensing industry. As “Harry Potter” books became popular around the world, they broke literary sales records. The last two “Harry Potter and the Half-Blood Prince” and “Harry Potter and the Deathly Hallows” sold 9 and 11 million copies, respectively, within 24 hours of their release. These books have now been translated into 65 languages, all over the world. Published at a time when children’s reading volume is declining, and it is said that young people are quickly abandoning books to support the booming Internet, this series is a turning point in rekindling young people’s interest in reading.
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Movie
Following the huge success of the novel, a series of popular films began shooting in 1998, when Warner Bros. paid seven figures for the copyright of the first two books. The film adaptation of “Harry Potter and the Philosopher’s Stone” was released in November 2001, and the second adaptation was released in November of the following year. In 2004 and 2005, “Harry Potter and the Prisoner of Azkaban” and “Harry Potter and the Goblet of Fire” were released one after another.
The latter two film adaptations were released in July 2007 and July 2009 respectively. The last part of the series “Harry Potter and the Deathly Hallows” was released in two parts, one was released in November 2010, and the last one was released. The film was released in July 2011. Steve Kloves wrote all the scripts except for the fifth film that Rowling assisted. She took advantage of some creative control and reviewed each script before production. Rowling’s main requirement for these films is that they are all shot in the UK, with all British actors.
In 2013, Warner Bros. and Rowling announced plans to screen and co-produce five film series by Rowling, about Newt Scamander, the author of the book “Where are Fantastic Beasts”. The first “Fantastic Beasts” movie was released in 2016, with the background set 70 years before the events of the “Harry Potter” series, and the second movie was released in November 2018.
personal life
Rowling married Portuguese television reporter Jorge Arantes in 1992 and gave birth to a child (Jessica) in Portugal on July 27, 1993. The couple separated on November 17, 1993, Rowling and her daughter moved to Edinburgh, Scotland. JK describes herself as a bankrupt, struggling for welfare throughout the process of making her first Harry Potter. During this period, she struggled with depression and considered suicide.
She married David Murray, an anesthesiologist, in 2001. The couple had two children and her ex-wife, Jessica. They live in Edinburgh in London and Aberfeldy in Scotland.
In December 1990, Rowling’s mother Anne failed in a ten-year struggle with multiple sclerosis. Annie’s death severely affected JK’s writing, because she expressed her grief by understanding Harry’s character and how he handled the loss.
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Charity
JK uses her wealth and power to support a large number of charities and charities. She established the Volant Charitable Trust in 2001 to use its considerable budget to help eradicate child poverty. She has participated in several other poverty and social inequality charities, as well as charities dedicated to helping fight multiple sclerosis. It is worth noting that she asked Coca-Cola, which won the tie-in competition for the film series, to donate US$18 million to the American charity Reading is Fundamental and other community projects.
She is the founder of the Anne Rowling Regenerative Neurology Clinic at the University of Edinburgh. JK was named after her mother with multiple sclerosis and initially funded the clinic with a donation of US$16 million.
So far, she has personally donated at least US$150 million to charities.
Summary: JK Rowling’s net worth is US$1 billion. In her career so far, she has earned billions of dollars in book royalties, movie prepayments, movie rights, merchandise, etc.
