Wednesday, August 3, 2016

James Patterson Out-Earns Next Top 4 Money-Making Authors

Are you struggling to make sure you don’t lose money on your self-published book? Perhaps you are wishing to earn beyond your paltry advance from a traditional publisher? Are you doing okay as a writer but fall a few million copies short of what some authors sell? Cheer up. Even though the Author’s Guild has shown in a recent study that the majority of authors earn at the poverty level, some writers are banking it big time.

Forbes released its annual list of the World’s Highest-Paid Authors today.  The top 13 wordsmiths earned a combined $269 million over the past 12 months.  James Patterson was No. 1 for the third straight year, earning $95 million, while children's author Jeff Kinney (Diary of a Wimpy Kid) placed a distant second, earning $19.5 million.  It’s hard to believe you can make nearly 20 million and then the person ahead of you more than quadruples that.

The only newcomer is Paula Hawkins (Girl On the Train) with $10 million in earnings.

JK Rowling, with $19 million, placed third overall and was the top female earner. It’s hard to believe that in the book world, which employs mostly women, and in the book consumer market, which consists mainly of women, that the top female writer earns one dollar for every $5.00 that the top male writer brings home. But at least six out of the top nine earning slots were women

Authors need to ride out their book marketing storm

Get media coverage for your book by not directly discussing it

2016 Trump vs. Clinton: Who Is Best For The Book World?

Are any authors willing to share secrets to sell books?

Get media coverage for your book despite terrorism, Olympics, elections, Zika outbreaks

Do any plagiarists deserve a second chance – or jail?

Speak if you want to actually sell what you wrote in your book

How book groups continue to grow in America

10 important PR tips for authors shared at Thrillerfest. Follow these steps to fame and fortune -- or at least to sell a copy of your book to your family!

What is a fair royalty rate for authors?

We are doomed when 39% are clueless on the First Amendment

An interview with Strand Books. Is it the best bookstore in America!

Is it time to self-publish?

2016 Book Marketing & Book Publicity Toolkit

Brian Feinblum’s views, opinions, and ideas expressed in this blog are his alone and not that of his employer. You can follow him on Twitter @theprexpert and email him at He feels more important when discussed in the third-person. This is copyrighted by BookMarketingBuzzBlog 2016.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.