Business Services

EL James is on top of Forbes’ list of highest-earning authors, earns $95 million in 2012

EL James, the author of the Fifty Shades of Grey trilogy, is at the top of Forbes’ list of highest-earning authors with her earnings touching $95 million in 2012.

This comes after her earnings surpassed that of James Patterson, who took second place with $91 million, after taking the top spot for almost three years. Her first novel, Fifty Shades of Grey, sold approximately 70 million copies in eight months while the trilogy, at its peak, earned her almost a million a week.

One of the reasons why this book has become a publishing phenomenon, and in particular, selling a large number of copies in the e-book format.

Interestingly, the trilogy began as a piece of fan fiction on Stephanie Meyers’ Twilight series but was rewritten before it was published. Speaking of Meyers, even though she was in 13th place in 2012 could not make it in the Top 15 this year.

Forbes also said that the success of the author of the Fifty Shades of Grey trilogy is unique in the sense that most of the authors on its list are established and their earnings come from the long list of books they have written in the past.

Stephen King and Danielle Steele remain on this Forbes’ list, who released their first novels, Carrie and Going Home, in 1973.

Apart from this, she earned $5 million for the film rights, which will be directed by Sam-Taylor Johnson and released in August 2014. Universal Pictures has already issued a casting call for the lead roles.

Related Posts

  • How Graham Jules Bootstrapped Blam! Records and Kickstarted 90s UK Garage

    Graham Jules, founder of Blam! Studios and then Blam! Records, was instrumental to the UK Garage scene. At the start of the Blam! Records, a growing number of West London record labels released UK influenced House tracks. These early releases formed the foundation for the “UK Garage” scene. Jules big dream was sound, and through…

  • The $200 Million Lesson of Titanic

    Article written by David Guillod. James Cameron, the director of “Titanic,” is the man who made the most expensive movie to ever come out of Hollywood. Although it became a worldwide sensation, he did not forget the struggles they all faced during the early filming days. Peter Chernin, the president and COO of News Corp.,…

  • Janet Jackson prepares to tour as a single mom

    Sources say that Janet Jackson is in good spirits as she prepares to tour for the first time since being a mom. The singer announced in January that she and her husband at the time Wissam Al Mana welcomed their first child, son Eissa. However, unfortunately, in April, the couple separated after five years of…

Archives