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J.K. Rowling Loses Her Billionaire Status Because Of Being Too Generous

J.K. Rowling Loses Her Billionaire Status Because Of Being Too Generous

J.K. Rowling was one of the richest people in the world in 2011, but since then her fortunes have decreased to such an extent that she is no longer a billionaire. Forbes announced their yearly list of the World’s Billionaires, but the Harry Potter author’s name was noticeably absent.

She was one of 129 people to be removed from the list that year, but her reason for leaving is a little different to the normal reason. The 51-year-old author’s departure was due to her sizeable donations to charity, as well as the high British taxes she is asked to pay.

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J.K. Rowling’s Charity Work

Forbes, who have produced a yearly list of billionaires for over 20 years, said that Rowling’s declining fortune was mostly linked to her charitable giving, which has drastically lowered her bank balance. The magazine said: “New information about Rowlings’ estimated $160 million in charitable giving combined with Britain’s high tax rates bumped the Harry Potter scribe from our list this year.”

Lots of people would be sad to lose their billionaire status, but J.K. didn’t regret her decisions – in fact, she is very proud of her choices. She said:

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“You have a moral responsibility when you’ve been given far more than you need, to do wise things with it and give intelligently.”

Her words are inspirational, and many people have a newfound respect for the extremely talented writer. She is one of the very few celebrities who can actually relate to people who are struggling financially, as she was once in a similar position.

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Before Harry Potter was published the author was on benefits and struggling to make ends meet. During this time she also went through heartbreak and divorce, but she persevered and continued to put effort into achieving her dreams. At one point, she was even writing Harry Potter on free napkins in cafes. In the end, her determination paid off, and she quickly went from being an unemployed single mom to being the first billionaire author of all time.

This might have influenced her decision to give an astounding amount of money to various charities; Forbes estimate that the Harry Potter mastermind has given away $160 million to charity so far. Her main beneficiaries are charities that help single parent families; they offer free childcare facilities and they help single parents to find employment or enter education.

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She also gives to other charities that are linked to children’s welfare, illiteracy, poverty and multiple sclerosis. She has also written three books for charity; “Fantastic Beasts and Where to Find Them,” “The Tales of Beedle the Bard” and  “Quidditch Through the Ages” and “The Tales of Beedle the Bard.” These books alone have raised almost $30 million for various charities, which is pretty impressive.

Because of her charity work, J.K. Rowling is now a millionaire instead of a billionaire. She may no longer be on the Forbes list, but her generosity has changed the lives of thousands of people, which many people would agree is far more important. She truly is an inspiration; if everyone was as generous as she is, the world would be a much better place. Thank you, J.K. Rowling!

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Amy Johnson

Freelance writer, editor and social media manager.

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Last Updated on August 16, 2018

10 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks

10 Ways To Step Out Of Your Comfort Zone And Enjoy Taking Risks

The ability to take risks by stepping outside your comfort zone is the primary way by which we grow. But we are often afraid to take that first step.

In truth, comfort zones are not really about comfort, they are about fear. Break the chains of fear to get outside. Once you do, you will learn to enjoy the process of taking risks and growing in the process.

Here are 10 ways to help you step out of your comfort zone and get closer to success:

1. Become aware of what’s outside of your comfort zone

What are the things that you believe are worth doing but are afraid of doing yourself because of the potential for disappointment or failure?

Draw a circle and write those things down outside the circle. This process will not only allow you to clearly identify your discomforts, but your comforts. Write identified comforts inside the circle.

2. Become clear about what you are aiming to overcome

Take the list of discomforts and go deeper. Remember, the primary emotion you are trying to overcome is fear.

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How does this fear apply uniquely to each situation? Be very specific.

Are you afraid of walking up to people and introducing yourself in social situations? Why? Is it because you are insecure about the sound of your voice? Are you insecure about your looks?

Or, are you afraid of being ignored?

3. Get comfortable with discomfort

One way to get outside of your comfort zone is to literally expand it. Make it a goal to avoid running away from discomfort.

Let’s stay with the theme of meeting people in social settings. If you start feeling a little panicked when talking to someone you’ve just met, try to stay with it a little longer than you normally would before retreating to comfort. If you stay long enough and practice often enough, it will start to become less uncomfortable.

4. See failure as a teacher

Many of us are so afraid of failure that we would rather do nothing than take a shot at our dreams.

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Begin to treat failure as a teacher. What did you learn from the experience? How can you take that lesson to your next adventure to increase your chance of success?

Many highly successful people failed plenty of times before they succeeded. Here’re some examples:

10 Famous Failures to Success Stories That Will Inspire You to Carry On

5. Take baby steps

Don’t try to jump outside your comfort zone, you will likely become overwhelmed and jump right back in.

Take small steps toward the fear you are trying to overcome. If you want to do public speaking, start by taking every opportunity to speak to small groups of people. You can even practice with family and friends.

Take a look at this article on how you can start taking baby steps:

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The Number One Secret to Life Success: Baby Steps

6. Hang out with risk takers

There is no substitute for this step. If you want to become better at something, you must start hanging out with the people who are doing what you want to do and start emulating them. (Here’re 8 Reasons Why Risk Takers Are More Likely To Be Successful).

Almost inevitably, their influence will start have an effect on your behavior.

7. Be honest with yourself when you are trying to make excuses

Don’t say “Oh, I just don’t have the time for this right now.” Instead, be honest and say “I am afraid to do this.”

Don’t make excuses, just be honest. You will be in a better place to confront what is truly bothering you and increase your chance of moving forward.

8. Identify how stepping out will benefit you

What will the ability to engage in public speaking do for your personal and professional growth? Keep these potential benefits in mind as motivations to push through fear.

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9. Don’t take yourself too seriously

Learn to laugh at yourself when you make mistakes. Risk taking will inevitably involve failure and setbacks that will sometimes make you look foolish to others. Be happy to roll with the punches when others poke fun.

If you aren’t convinced yet, check out these 6 Reasons Not to Take Life So Seriously.

10. Focus on the fun

Enjoy the process of stepping outside your safe boundaries. Enjoy the fun of discovering things about yourself that you may not have been aware of previously.

Featured photo credit: Unsplash via unsplash.com

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