J. K. Rowling Is No Longer a Billionaire
J.K. Rowling
Posted by: Mel
March 10, 2012, 06:51 PM
J. K. Rowling isn't a billionaire any longer due to the fact that she has given a reported $160 million to various charities and, of course, to her taxes:
The billionaires club has hit J.K. Rowling with a banishing spell. According to the newly updated Forbes Rich List, the Harry Potter author has gone from billionaire to millionaire
(several hundred times over, of course). She apparently broke a few
rules of how to stay rich by giving away a lot of her fortune —
reportedly $160 million of it — to charity and by paying her top-rung
British taxes.
There’s no way that the socially minded
Rowling, who once lived on welfare, gives two Quaffles about her
standing on the list, and no one should shed a tear over a
stratospherically rich woman becoming slightly less so. But I always
liked knowing that an author of imaginative, timeless,
honest-to-goodness books became a billionaire.
You can read the rest of the article
here.
44 Comments
1527 Points
I don’t give a damn how much money she’s got, she’s a wonderful woman and an inspiration to us all, whether she’s a billionaire, trillionaire, gazillionaire or entirely penniless!
68 Points
She’s one of the most modest, generous person that I’ve ever heard of, honestly XD
3419 Points
I couldnt be more proud of Jo! The reasons for her being a millionaire means so much more than her status of billionaire author!
42 Points
While I thought it was kind of cool that she was the first person to be come a billionaire from being an author, I think it’s even more important and awesome that she has given money to charity. After all, it’s not as though her books are any less wonder based on her not being a billionaire anymore.
10471 Points
Does it really matter if she’s a billionare or not? But I’m glad to her donations made news! It deserves to be! You’re an amazayn person, Jo! (:
30 Points
Everybody go and see the rest of the article! It is HILARIOUS! And… I am sure it was left out on purpose. :))
210 Points
Re: whether or not she was a billionaire, I’m with roonwit. She told her documentary-maker that reports of her having [enough money to make her a dollar millionaire] were “bollocks”. So it might not be true that she ever was a billionaire in any sense of the word.
But as others have said, it’s irrelevant. She is an amazing, generous person who deserves all the good things in the world.
744 Points
To be honest her wealth is not the reason my interest is drawn towards her book, so I don’t mind.
Besides, wouldn’t it be best to spend your fortune this way rather than keeping it just for the sake of maintaining your reputation?
39 Points
Good job J.K. Rowling.
55 Points
It makes me so proud when a woman I admire, and has given the world so much, vindicates my respect for her by giving away even more! I love this fandom and J.K. Rowling made the whole thing possible. Thank you thank you! You’ll never lose my love here!
840 Points
I’m going to take another tack..
First… Love Jo, but I’m not surprised she’s so generous.
Second, it’s not fair to paint most wealthy people as selfish and scheming in the way they deal with their taxes and charities. You only hear about the small minority who do, because that is what is sensational and sells. The majority of wealthy people pay their taxes and give to charities and foundations. It’s just not reported because they like to keep their giving quiet (as does Jo) and they’re not as famous.
31 Points
she is kind ,as you can feel in her books
155 Points
My role model.
5209 Points
Long Live JK Rowling!
I don’t give a damn how much money she’s got, she’s a wonderful woman and an inspiration to us all, whether she’s a billionaire, trillionaire, gazillionaire or entirely penniless!