Image: Dream

March 15, 2019

Advertisements

And The Rich Get Richer….

March 15, 2019

Back in January, I reported on an Author’s Guild report that showed the average income for a full time writer in the US in 2017 was just $20,300.  Of course, averages are a function of the highest and the lowest figures available.

Literary Hub has compiled a list of the high numbers over the last ten years. These are the estimated incomes of the top writers since 2008:

1. James Patterson : $836 million
2. J. K. Rowling : $546 million
3. Stephen King : $259 million
4. Danielle Steel : $231 million
5. John Grisham : $192 million
6. Jeff Kinney : $165 million
7. E. L. James (Tie) : $153 million
7. Janet Evanovich (Tie) : $153 million
9. Nora Roberts : $128 million
10. Suzanne Collins : $114 million
11. Dan Brown : $111 million
12. Dean Koontz : $101 million
13. Rick Riordan : $91.5 million
14. Stephenie Meyer : $75 million
15. Ken Follett : $68 million
16. George R. R. Martin : $60.5 million
17. Veronica Roth (Tie) : $52 million
18. Bill O’Reilly (Tie) : $52 million
19. Nicholas Sparks : $46 million
20. John Green : $45 million
21. Tom Clancy : $35 million
22. David Baldacci : $26 million
23. Paula Hawkins : $23 million
24. Gillian Flynn : $22 million
25. Michael Wolff : $13 million

Extraordinary numbers, I think. They prove the power of TV and movies to vastly expand the earning capacity of the novels, especially those in series.

And they show, as if we needed more evidence, that the inequality of rewards inherent in capitalism are just as prevalent in cultural industries as in any other.