Writing can be a profitable profession if you master the art of words. While not every author gets rich by writing, successful writers can make big money. In fact, authors with good contracts and the sizable following can make a lot of money even when they are not working. Here is the list of the highest-paid writers for 2018.
James Patterson was the highest-earning author for the 2018 season, thanks to a series of books he has developed over many years. Patterson is estimated to have earned over $86 million in 2018. Apart from book sales, Patterson also made money by selling rights for his novels for the small screen.
J.K. Rowling might have given up her multibillion-dollar wealth already. But the woman has writing chops. She took home close to $54 million this year. Though that’s a steep drop from last year’s earning, it is not a small change. Ms Rowling’s earning was generated by her new book, back catalogue sales, theme park royalty and from theatre productions.
Stephen King has been making money as a successful author for close to half a century. He has devoted followers all around the world, and his novels are translated into a dozen different languages. He earned close to $27 million in 2018. King also earned a nice lumpsum, thanks to one of his older novels getting converted into a movie.
Following on the same line as other successful authors, John Grisham continues to take in millions every year, thanks to a massive fan following for his suspense novels. Grisham earned close to $21 million in 2018, proving good writers can survive even in the digital age.
This concludes our list of the highest-paid authors in the world.