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Saturday, 10 March 2012

JK Rowling fortune under vanishing spell: Forbes list

JK Rowling
Beattie's  Book  Blog,  By  Rosa  Prince,  New  York  -   Daily   Telegraph:  JK 
Rosa PrinceRowling, the Harry Potter author, has dropped out of the world's exclusive billionaires' club as a result of Britain's high tax regime, the Forbes magazine rich list disclosed on Wednesday. Last year Miss Rowling was estimated by Forbes to be worth $1 billion, with the bulk of her money coming from her books and the Harry Potter film franchise Photo: David Fisher / Rex Features Having been feted as one of the world's richest women in 2011, she saw her fortunes depleted to such an extent that she is no longer a dollar billionaire, meaning she has less than £640 million in the bank. Source: Beattie's Book Blog