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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

Amy is a writer who blogs about relationships and lifestyle advice.

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Last Updated on August 12, 2019

13 Things Mentally Strong People Don’t Do

13 Things Mentally Strong People Don’t Do

Mentally strong people have healthy habits. They manage their emotions, thoughts, and behaviors in ways that set them up for success in life.

Take a look at these 13 things that mentally strong people don’t do so that you too can become mentally stronger.

1. They Don’t Waste Time Feeling Sorry for Themselves

Mentally strong people don’t sit around feeling sorry about their circumstances or how others have treated them. Instead, they take responsibility for their role in life and understand that life isn’t always easy or fair.

2. They Don’t Give Away Their Power

They don’t allow others to control them, and they don’t give someone else power over them. They don’t say things like, “My boss makes me feel bad,” because they understand that they are in control over their own emotions and they have a choice in how they respond.

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3. They Don’t Shy Away from Change

Mentally strong people don’t try to avoid change. Instead, they welcome positive change and are willing to be flexible. They understand that change is inevitable and believe in their abilities to adapt.

4. They Don’t Waste Energy on Things They Can’t Control

You won’t hear a mentally strong person complaining over lost luggage or traffic jams. Instead, they focus on what they can control in their lives. They recognize that sometimes, the only thing they can control is their attitude.

5. They Don’t Worry About Pleasing Everyone

Mentally strong people recognize that they don’t need to please everyone all the time. They’re not afraid to say no or speak up when necessary. They strive to be kind and fair, but can handle other people being upset if they didn’t make them happy.

6. They Don’t Fear Taking Calculated Risks

They don’t take reckless or foolish risks, but don’t mind taking calculated risks. Mentally strong people spend time weighing the risks and benefits before making a big decision, and they’re fully informed of the potential downsides before they take action.

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7. They Don’t Dwell on the Past

Mentally strong people don’t waste time dwelling on the past and wishing things could be different. They acknowledge their past and can say what they’ve learned from it.

However, they don’t constantly relive bad experiences or fantasize about the glory days. Instead, they live for the present and plan for the future.

8. They Don’t Make the Same Mistakes Over and Over

Mentally strong people accept responsibility for their behavior and learn from their past mistakes. As a result, they don’t keep repeating those mistakes over and over. Instead, they move on and make better decisions in the future.

9. They Don’t Resent Other People’s Success

Mentally strong people can appreciate and celebrate other people’s success in life. They don’t grow jealous or feel cheated when others surpass them. Instead, they recognize that success comes with hard work, and they are willing to work hard for their own chance at success.

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10. They Don’t Give Up After the First Failure

Mentally strong people don’t view failure as a reason to give up. Instead, they use failure as an opportunity to grow and improve. They are willing to keep trying until they get it right.

11. They Don’t Fear Alone Time

Mentally strong people can tolerate being alone and they don’t fear silence. They aren’t afraid to be alone with their thoughts and they can use downtime to be productive.

They enjoy their own company and aren’t dependent on others for companionship and entertainment all the time but instead can be happy alone.

12. They Don’t Feel the World Owes Them Anything

Mentally strong people don’t feel entitled to things in life. They weren’t born with a mentality that others would take care of them or that the world must give them something. Instead, they look for opportunities based on their own merits.

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13. They Don’t Expect Immediate Results

Whether they are working on improving their health or getting a new business off the ground, mentally strong people don’t expect immediate results. Instead, they apply their skills and time to the best of their ability and understand that real change takes time.

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Featured photo credit: Candice Picard via unsplash.com

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