Writing books isn't the most lucrative career. According to Indeed, the national average salary for novelists is just $49,046 per year. While most writers struggle to make a comfortable living from their work, a lucky handful have made a fortune off their literary talents. Here are the richest authors of all time.
According to Most Expensive Thing, Elisabeth Badinter is the world's most valuable author, with an estimated net worth of $1.3 billion. The French philosopher is known for her books on feminism, including The Conflict: How Modern Motherhood Undermines the Status of Women. She is also the majority shareholder of Publicis Groupe, an advertising and public relations company her father founded. This has contributed to her status as one of France's wealthiest citizens.
In the second spot is J. K. Rowling, author of the blockbuster Harry Potter series. Her fantasy books and the movies, theme park rides, and merchandise they’ve inspired have earned Rowling a net worth of $1 billion. It’s estimated that the novelist made $181 per minute in the 2016-17 fiscal year, or $4.37 per word based on the average typing speed.
That’s it as far as literary billionaires go, but the millionaires on the list boast impressive earnings as well. Familiar names include James Patterson, Stephen King, Nora Roberts, and Danielle Steel. After looking through the full list, check out the best-selling books of all time here.
- Elisabeth Badinter // $1.3 Billion
- J.K. Rowling // $1 Billion
- James Patterson // $560 Million
- Stephen King // $400 Million
- Nora Roberts // $390 Million
- Danielle Steel // $310 Million
- Barbara Taylor Bradford // $300 Million
- Nigel Blackwell // $292.5 Million
- John Grisham // $220 Million
- Jeffrey Archer // $195 Million
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