The Harry Potter series is a worldwide sensation that has won over the hearts of millions of readers, and J.K. Rowling’s name is synonymous with it. But many are interested in the wealth of the creator, not just the magical realm of Hogwarts and its inhabitants. What will J.K. Rowling be worth in 2021? How much money does a good author make?
Forbes estimates that J.K. Rowling will have a $1 billion net worth by the year 2021. She now ranks among the world’s wealthiest authors as a result. It’s crucial to realize that her wealth is not simply derived from the Harry Potter series. Under the pen name Robert Galbraith, Rowling has also written additional books like “The Casual Vacancy” and the Cormoran Strike series.
Let’s now discuss the earnings of successful authors. The truth is that an author’s income might vary significantly based on things like the genre they write in, how successful they are, and their marketing tactics. The Authors Guild conducted a poll, and the results show that in 2018, published authors made a median salary of slightly over $6,000. It’s crucial to keep in mind that this figure represents the median; as a result, some authors earn substantially more than others.
So, can you support yourself as a writer? The answer is yes, but it requires effort, patience, and time. Before they could earn a full-time income from writing, many well-known authors had to take numerous jobs to make ends meet. Additionally crucial are a solid marketing plan and flexibility in the kinds of writing tasks you accept.
And last, is writing a rewarding profession? It all depends on how you define a “good career.” For those who are passionate about it, writing may be a wonderful and gratifying profession. However, it is not a profession that ensures success or financial security. In order to succeed as a writer, it’s critical to have reasonable expectations and to be willing to put in the required effort.
In conclusion, J.K. Rowling is predicted to be worth $1 billion in 2021, however successful authors’ earnings can range widely. It is feasible to support oneself as a writer, but it requires commitment and effort. Depending on one’s personal objectives and expectations, becoming a writer may or may not be a smart professional choice.
Only about 5% of writers, it was discovered in a 2018 poll by the Authors Guild, make their whole living from their writing. The majority of authors need to work additional jobs or sources of money to support their writing income. The success of J.K. Rowling as a writer is an exception rather than the rule, and her net worth is considerably larger than that of the typical author.