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J.K. Rowling No Longer a Billionaire

IndiaGlitz [Tuesday, March 13, 2012]

Joanne "Jo" Rowling,  better known as J. K. Rowling,is a British novelist, best known as the author of the Harry Potter fantasy series. The Potterbooks have gained worldwide attention, won multiple awards, sold more than 400 million copies to become the best-selling book series in history and been the basis for a popular series of films, in which Rowling had overall approval on the scripts as well as maintaining creative control by serving as a producer on the final instalment.

Rowling conceived the idea for the series on a train trip from Manchester to London in 1990. J.K. Rowling, author of the Harry Potter book series, is still really, really rich, but she's no longer a member of the billionaires club.

While Rowling was one of the wealthiest women in the world in 2011 and mentioned on Forbes magazine's annual list of the world's billionaires, the British author was noticeably absent from this year's tally - reportedly due to her sizable charitable donations (estimated to be in the neighborhood of $160 million!) and England's high taxation against its wealthiest citizens.

Carlos Slim Helu (and family), Bill Gates and Warren Buffett are Nos. 1, 2 and 3, respectively, in terms of overall net worth.

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