J.K. Rowling’s net worth is an estimated $1 Billion (£580 million). The main source of her wealth is from her hugely popular Harry Potter books and movies. She is the first author to make a Billion from writing and continues to be the richest author in the world.
Source of Income
As mentioned above, J.K. Rowling Net Worth of $1 billion is mainly due to royalties she is receiving from her books and from the hugely successful Harry Potter franchise.
The Harry Potter film series is the highest-grossing film series of all-time with world-wide box office collections of over $7.7 billion. The Harry Potter brand comprising of films, merchandise, books and Harry Potter theme parks is estimated to be worth $15 billion.
Post Harry Potter, J.K. Rowling continues to pile on millions through Pottermore, her proprietary website from which she distributes Harry Potter e-books. The website generated 13 million in 2014 from e-book sales, another million of her 14 million income in 2014 came from Casual Vacancy, her first adult novel.
Rowling made a wise decision about not handing over the e-book rights for her books to publishers who would have pocketed most of the money generated from sale of Harry Potter e-books. She is said to be the only author to have managed to have negotiated such a favorable deal.
J.K. Rowling Properties
J.K. Rowling owns properties in London and Scotland including a Victorian style farm house in Edinburg, Scotland where she found the inspiration to write her hugely popular Harry Potter series. She sold this house for 3.6 million dollars in November 2012.
She also owns a vacation house in Tasmania, Australia that she bought for $10.7 million (£6.34 million). The house features 7 bedrooms, 3 bathrooms, a gym, a swimming pool and a tennis court. The house also boasts 856 hectares of farmland, features a 4km long river and a 3 km driveway. She also owns a home in West London, UK that is worth $7 million.
Cars and Private Jets
Rowling owns a private jet and often travels in it. She says she does not like luxury cars and prefers something much simpler.
J.K. Rowling’s Charity
J.K. Rowling figures prominently in the list of Britain’s most charitable celebrities along with Sir Elton John and One Direction.
She donates generously to Lumos Foundation, a charity for children, and Volant Charitable Trust, a charitable trust dedicated to the Research into the causes, treatment and possible cures of Multiple Sclerosis. Elton John, Bono, One Direction, David and Victoria Beckham are other celebrities who have donated to these organisations.
In 2010, when J.K. Rowling reached the age at which her mother died, she donated £10M to the University of Edinburgh to found a clinic in her mother’s name.
I cannot think of anything more important, or of more lasting value, than to help the university attract world-class minds in the field of neuroregeneration, to build on its long and illustrious history of medical research and, ultimately, to seek a cure for a very Scottish disease. – J.K. Rowling, Author and Founder of the Anne Rowling Clinic.