The new Forbes just listed the world’s 10 best-paid authors (from July1, 2007 to June 30,2008 ).
1. JK Rowling – $300 million – I have nothing but the highest respect for her (and a special wizard named Harry). Good for her.
2. James Patterson – $50 million – I’ve read several of his books this year. I think he may be a bit overpaid, but hey, I’m sure that comes from jealousy.
3. Stephen King – $45 million – Good for him. Well deserved!
4. Tom Clancy – $35 million – I’ve only ever read The Hunt for Red October, so okay.
5. Danielle Steel – $30 million – She writes the same book over and over and women love it. If it ain’t broke…
6. John Grisham – $25 million – Seems about right since many of his books are made into movies.
7. Dean Koontz – $25 million – He deserves every penny.
8. Ken Follett – $20 million – Oh, the power of Oprah who chose Pillars of the Earth for her book club (and I reviewed it here).
9. Janet Evanovich – $17 million – I like her books and it’s nice to see another woman on this list.
10. Nicholas Sparks – $16 million – That’s why there was a four hour wait to meet him, Kathy 🙂
Stacy's Books 
That’s a lot of money, but I personally think authors deserve it more than athletes or actors. Of course, I’m a little biased. Also – I found out the day after the book signing that Nicholas Sparks used to live in Simpsonville! No wonder he has so many fans here.
Now the wait makes sense! I agree about the money. It’s nice to see some authors, the best of the bestsellers, make lots of money.
I checked the list, hoping I made it. I guess I’d have to actually write a book rather than read them. Hmmm.
There’s always next year. You’d better get busy 🙂
I agree wholeheartedly with bermuda onion. When I hear about how much athletes and actors and CEOs who have run companies into the ground make, then I believe there’s no limit to what an author should be compensated for his or her work.
I know. It’s nice to see people getting paid to use their minds!