JK Rowling Net Worth 2022 (Forbes) – Is She A Billionaire? Exposed!

JK Rowling Net Worth

Rowling is a billionaire who has an estimated net worth of $1 billion. She is the creator of the “Harry Potter” fantasy series, one of the most popular book and movie series in history. The series has sold more than 500 million copies and has been turned into a blockbuster film franchise. From her various endeavors, JK earns between $50 and $100 million each year. 

She wrote her first book while unemployed and living on welfare. Today, the Harry Potter series is worth an estimated $15 billion. As a global brand, it has set world records in literary circles and remains the most popular fiction tale. The last four books in the series have broken all records to become the fastest-selling books in history, with the last bookselling a record 11 million copies on the first day of its release in the UK and US. 

The books have been translated into 65 languages, making her the UK’s best-selling author with estimated sales of over £238 million.

To calculate the net worth of JK Rowling, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.

Below is a breakdown of J.K. Rowling’s net worth:

Name: JK Rowling
Net Worth: $1 Billion
Monthly Salary: $7 million+
Annual Income: $90 million+
Source of Wealth: Harry Potter books, movies, amusement park deals

Learn More: Top 30 Richest People In The World

Early Life

Joanne Rowling was born in Yate, Gloucestershire, England, to James and Anne Rowling. Just a month before Joanne turned 2, her parents were blessed with a second daughter, Dianne.

She went to St. Michael’s Primary School and did well in school before she went to Wyedean School and College. She went to the University of Exeter to get a BA in French and Classics so she could study more.

She started writing stories when she was five. Her first story, called “Rabbit,” was written when she was five. Since then, she has continued to write many stories because she loves to do so.

After she graduated in 1986, she moved to London and started working for Amnesty International as a researcher and bilingual secretary. She also wrote an essay called “What Was the Name of That Nymph Again? or Greek and Roman Studies Recalled,” which was published in the journal Pegasus by the University of Exeter.

Books

‘Harry Potter and the Sorcerer’s Stone’

Rowling sold her first novel, Harry Potter and the Philosopher’s Stone, for the equivalent of around $4,000 after a series of rejections; it was released in June 1997. For American publication, the word “Philosopher” in the book’s original title was altered to “Sorcerer.”

The book was the first of a seven-part series about the adventures of teenage wizard Harry Potter and his motley band of Hogwarts School of Witchcraft and Wizardry classmates.

‘Harry Potter and the Chamber of Secrets’

The second book in the Harry Potter series, Harry Potter and the Chamber of Secrets, came out in July 1998.

‘Harry Potter and the Prisoner of Azkaban’

Harry Potter and the Prisoner of Azkaban, the third novel in Rowling’s series, was published in July 1999. The first three Harry Potter books had made almost $480 million in three years, with over 35 million copies in print in 35 languages by the following summer.

Learn More: Top 30 Richest People In The World

‘Harry Potter and the Goblet of Fire’

The phenomenal response to Rowling’s books peaked in July 2000, when the fourth volume in the series, Harry Potter and the Goblet of Fire, became the fastest-selling book of all time within 24 hours. The book achieved an initial print run of 5.3 million copies and advance orders of more than 1.8 million.

‘Harry Potter and the Order of the Phoenix’

After a postponed release date, the fifth installment, Harry Potter and the Order of the Phoenix, hit bookstores in June 2003.

‘Harry Potter and the Half-Blood Prince’

The sixth installment, released in July 2005, sold 6.9 million copies in the United States in its first 24 hours. Harry Potter and the Half-Blood Prince was the biggest opening in publishing history.

‘Harry Potter and the Deathly Hallows’

The seventh and final installment in the Harry Potter series, Harry Potter and the Deathly Hallows was the most pre-ordered book at Barnes & Noble and Borders bookstores, as well as Amazon.com, prior to its release in July 2007. Rowling has no plans to write more books in the series, although she has not completely ruled out the possibility.

‘The Tales of Beedle the Bard’

The Tales of Beedle the Bard, a compilation of five fables mentioned in the Harry Potter books, was launched on December 4, 2008, at a tea party for 200 kids at the National Library of Scotland in Edinburgh.

Rowling donated all revenues from the book to the Children’s High-Level Group (now known as Lumos), a nonprofit she co-founded to help children in Eastern Europe who are hospitalized.

‘The Casual Vacancy’

Rowling’s first book aimed at adults, The Casual Vacancy, was published in September 2012. The novel, a dark comedy about a local election in the small English town of Pagford, received mixed reviews.

A book review in The New York Times called the novel “disappointing” and “boring.” A review in The Telegraph, on the other hand, gave the book three stars out of five, noting that “Jane Austen herself would admire the way [Rowling] shows the news of Barry’s death spreading like a virus through Pagford.”

Learn More: Top 30 Richest People In The World

‘Cuckoo Calling,’ ‘The Silkworm,’ ‘Career of Evil,’ and ‘Lethal White’

Rowling made her debut in a new genre, crime fiction, with a novel published under the pseudonym Robert Galbraith in April 2013. The crime novel was initially only moderately received at bookstores. However, the revelation that Rowling is the true author boosted sales by 4000 percent. 

Rowling said, according to Bloomberg News, “Because it was such a liberating experience to be Robert Galbraith, I wanted to keep this secret a little longer. It’s been fantastic to publish without anticipation and fanfare, and it’s been a pure joy to get reactions under a new name.”

Rowling published three more books under the pseudonym Robert Galbraith: The Silkworm in June 2014, Career of Evil in October 2015, and Lethal White in September 2018.

‘Very Good Lives’ (Rowling’s Harvard commencement speech)

In April 2015, Rowling’s 2008 Harvard commencement address was published in book form under the title Very Good Lives: The Fringe Benefits of Failure and the Importance of Imagination.

The self-improvement guide includes personal anecdotes and advice on embracing failure and using your imagination to succeed. Proceeds from the book will benefit Lumos, Rowling’s nonprofit children’s charity.

‘Harry Potter: A History of Magic’

In 2017, Rowling announced on her website that she would publish two new books for an exhibition at the British Library celebrating the 20th anniversary of the publication of her first novel, Harry Potter and the Sorcerer’s Stone.

The books, Harry Potter: A History of Magic (described as the adult version) and Harry Potter: A Journey Through a History of Magic (the child-friendly version), were released Oct. 20 and include manuscripts, original illustrations and an exploration of Harry Potter characters and magic.

In May 2019, it was reported that Rowling would publish four more Harry Potter stories. However, the author clarified the confusion on her website, stating that the “bite-sized e-reads” do not contain any new material. The e-books of A Journey Through… were adapted from a companion audiobook to History of Magic, voiced by Natalie Dormer.

‘Harry Potter’ Movies

Harry Potter and the Sorcerer’s Stone, a cinematic adaptation of Rowling’s first book, was released in November 2001, directed by Chris Columbus and starring Daniel Radcliffe, Emma Watson, and Rupert Grint.

The picture broke the previous box-office record in its first weekend in the United States, debuting on a record 8,200 screens and earning an estimated $93.5 million ($20 million more than the previous record-holder, 1999’s The Lost World: Jurassic Park). It was the highest-grossing film of 2001 at the conclusion of the year.

The second and third films in the series — Columbus’ Harry Potter and the Chamber of Secrets (2002) and Alfonso Cuarón’s Harry Potter and the Prisoner of Azkaban (2004) — both broke box office records. Mike Newell directed Harry Potter and the Goblet of Fire, which was released in 2005.

David Yates directed the fifth film, Harry Potter and the Order of the Phoenix, which was released in 2007. The script was written by screenwriter Michael Goldenberg, who took over for Steve Kloves, who wrote the first four films.

In July 2009, Yates directed the film adaptation of the sixth installment, Harry Potter and the Half-Blood Prince. The final film in the series, directed by David Yates, was released in two parts: Harry Potter and the Deathly Hallows Part 1 (2010) and Part 2 (2011).

Here is a list of the worldwide gross for each Harry Potter movie: 

  • Harry Potter and the Chamber of Secrets ($878.75 million)
  • Harry Potter and the Goblet of Fire ($896.68 million)
  • Harry Potter and the Half-Blood Prince ($934.76 million)
  • Harry Potter and the Order of the Phoenix ($942.64 million)
  • Harry Potter and the Deathly Hallows part I ($960.43 million)
  • Harry Potter and the Sorcerer’s Stone ($974.71 million)
  • Harry Potter and the Deathly Hallows part II ($1.342 billion)

I used the data from the Box Office History for Harry Potter Movies I found on The Numbers and took into account the inflation-adjusted domestic earnings.

With the exception of the unusually low-grossing installment (Prisoner of Azkaban) and the unusually high-grossing installment (Deathly Hallows part 2), the Harry Potter series was remarkably consistent over its 9.5-year span. Chapters 1, 2, 4, 5, 6, and 7 earned between $879 million and $961 million worldwide, a 10% range. 

On a combined budget of $1.155 billion, they earned a total of $7.73 billion global, giving them an average rate of return of 6.7x, which is still pretty damn high for a top-tier franchise blockbuster. 

Back when $150 million was a huge budget for a big movie, some of that can be attributed to the franchise consistently earning over/under $900 million worldwide.

Regardless of whether Harry Potter and the Sorcerer’s Stone makes over $1 billion worldwide, every entry would be well over $1 billion if adjusted for inflation.

Learn More: Top 30 Richest People In The World

‘Fantastic Beasts’ Film Series

In 2013, Rowling announced a new film series with Warner Bros. According to Entertainment Weekly, Rowling explained that the movies, based on her 2001 Hogwarts textbook Fantastic Beasts and Where to Find Them, would draw from “the worldwide community of witches and wizards where I was so happy for 17 years,” but “is neither a prequel nor a sequel to the ‘Harry Potter’ series, but an extension of the wizarding world.”

Developed from a script by Rowling — her screenwriting debut — and starring Eddie Redmayne, Fantastic Beasts and Where to Find Them was released in November 2016. Following in the footsteps of Rowling’s previous creations that made it to the big screen, Fantastic Beasts dazzled audiences with its depictions of sorcery and grossed more than $800 million worldwide.

The first Fantastic Beasts film – 2016’s Fantastic Beasts and Where to Find Them – grossed $814 million worldwide. The second film, Fantastic Beasts (2018): The Crimes of Grindelwald, saw a significant drop in both critics and viewers; it grossed $654 million worldwide.

However, due to the dismissal (or involuntary removal) of Johnny Depp, a series of public controversies involving both actor Ezra Miller and screenwriter/producer J.K. Rowling, and waning fan interest, the sequel has not been particularly successful at the box office.

As of 31 May 2022, Fantastic Beasts: The Secrets of Dumbledore has grossed $95 million in the United States and Canada, and $301.1 million in other territories, for a worldwide total of $396.1 million.

In the United States and Canada, Fantastic Beasts: The Secrets of Dumbledore was projected to gross around $40 million from 4,200 theaters in its opening weekend. The film made $20 million on its first day, including $6 million on the Thursday night previews. It went on to debut at $42.2 million, topping the box office, but marking the lowest opening of the Wizarding World franchise.

Website

Rowling’s website Pottermore published a short story about grown-up Harry Potter and a Hogwarts school reunion in 2014. She has added more stories and information about all things Harry Potter since the site’s inception.

Learn More: Top 30 Richest People In The World

‘Harry Potter and the Cursed Child’ Play

Harry Potter and the Cursed Child, a two-part play written by Jack Thorne and based on an original idea by Thorne, Rowling, and director John Tiffany, premiered to a sold-out audience on the London stage in June 2016.

Although she originally stated that Harry Potter and the Deathly Hallows would be the final book in the series, the play features an adult Harry Potter and has been officially billed as the series’ eighth installment.

The cast of the play differs from that of the original films. Fans waited in line at bookstores the following month, as they had for her previous books, for the midnight release of Jack Thorne’s script for Harry Potter and the Cursed Child.

Husband and Children

Rowling married anesthetist Dr. Neil Murray on December 26, 2001, at the couple’s home in Scotland. David (born in 2003) and Mackenzie are their two children (born in 2005). Rowling has one child from her previous marriage, Jessica (born in 1993).

Cars

JK Rowling is rich, so she owns some luxurious cars:

  1. Rolls Royce Phantom – $400,000
  2. Range Rover – $70,990

JK Rowling’s father worked as an engineer at Rolls Royce. It is only logical that the richest woman in the world would choose a Rolls Royce Phantom for her car collection at home. She also owns a Range Rover, which makes her very happy.

Learn More: Top 30 Richest People In The World

Houses

JK Rowling owns several luxurious houses:

1. Edinburgh home – $3, 5 million

The house was built in the 1800s. It stands in the writer’s garden so that her three children – a daughter from her first marriage, a son and daughter from her second marriage, and a daughter from her third marriage – can walk there in the summer and rest under the tall trees. The house has two floors.

2. Tasmania mansion – $10.7 million

The house shows how the architecture looked in the 19th century. It has 7 bedrooms, 3 bathrooms and several living rooms. Next to the house there is a farm and a few other buildings on the property. The house is located on the bank of the river.

FAQs About JK Rowling

How Much Is Harry Potter Franchise Worth?

Today, the Harry Potter franchise is worth an estimated $15 billion. As a global brand, it has set world records in literary circles and remains the most popular fiction tale. 

How Much Does JK Rowling Make A year?

JK Rowling’s annual income is over $90 million.

How Tall is JK Rowling?

JK Rowling is 5 ft 4 in (1.65 m) tall and she weighs around 54 kg. 

How Old is JK Rowling?

JK Rowling was born on July 31, 1965, in Yate, United Kingdom. She is 56 years old as of June 2022.

Favorite JK Rowling Quotes

I think you have a moral responsibility when you’ve been given far more than you need, to do wise things with it and give intelligently.

 

Imagination is not only the uniquely human capacity to envision that which is not, and therefore the fount of all invention and innovation. In its arguably most transformative and revelatory capacity, it is the power to that enables us to empathize with humans whose experiences we have never shared.

 

Death is just life’s next big adventure.

 

Failure means a stripping away of the inessential.

 

The moment you are old enough to take the wheel, responsibility lies with you.

 

Never trust anything that can think for itself if you can’t see where it keeps its brain.

 

Humans have a knack for choosing precisely the things that are worst for them.

 

Of all the subjects on this planet, I think my parents would have been hard put to name one less useful than Greek mythology to securing the keys to an executive bathroom.

 

It does not do to dwell on dreams and forget to live.

 

In a novel you have to resist the urge to tell everything.

View our larger collection of the best J. K. Rowling quotes.

Further Reading

Related Lists of Celebrities’ Net Worth

Or, browse all celebrities’ net worth.

Who Are The 30 Richest People In The World?

The list of the world’s richest people can change from year to year, depending on their current net worth and financial performance. Here is the current list of the 30 richest people in the world, based on the latest Forbes list, and some interesting facts about each of them.

Learn More: Top 30 Richest People In The World

Leave a Comment

error: