J.K. Rowling Overtakes Enters the Rich List

April 28, 2003 - 0:0
LONDON -- Boy wizard Harry Potter has conjured up enough cash to catapult author J.K. Rowling past Queen Elizabeth on Britain's annual "Rich List", published in this week's Sunday Times newspaper.

With 280 million pounds ($445.5 million), the author -- who wrote her first novel about a boy wizard while a single parent living on a state benefit of only 70 pounds a week -- is now Britain's 122nd richest person.

Of her fortune, 150 million came from her books and the rest from film rights and Harry Potter merchandise. The fifth book in the series is due out this summer and the third film is on its way.