Advertising
Advertising

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.

Advertising

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:

Advertising

“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.

Advertising

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.

Advertising

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!

More by this author

Amy Johnson

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

10 Health Benefits Of Avocado If You Feel Trapped, Do These 9 Things To Take Your Life Back If You Feel Trapped, Do These 9 Things To Take Your Life Back This List of 50 Low-cost Hobbies Will Excite You Daily Routine of Successful People That Will Inspire You to Achieve More 15 Inspirational Weekend Activities to do by Yourself

Trending in Communication

1 Positive and Negative Reinforcement: Which Is More Effective? 2 13 Reasons Why You Should Fail Fast to Learn Fast 3 10 Things to Do If You’re Feeling Hopeless About Your Future 4 5 Ways to Help Yourself Advance Your Mental Strength 5 Feeling Like a Failure? 10 Simple Things to Help You Rise Again

Read Next

Advertising
Advertising
Advertising

Last Updated on July 3, 2020

30 Small Habits To Lead A More Peaceful Life

30 Small Habits To Lead A More Peaceful Life

In today’s world, true peace must come from within us and our own actions. Here are 30 small things you can do on a regular basis to increase your overall sense of harmony, peace, and well-being:

1. Don’t go to every fight you’re invited to

Particularly when you’re around those who thrive on chaos, be willing to decline the invitation to join in on the drama.

2. Focus on your breath

Throughout the day, stop to take a few deep breaths. Keep stress at bay with techniques such as “square breathing.” Breathe in for four counts, hold for four counts, then out for four counts, and hold again for four counts. Repeat this cycle four times.

3. Get organized and purge old items

A cluttered space often creates a cluttered spirit. Take the time to get rid of anything you haven’t used in a year and invest in organizational systems that help you sustain a level of neatness.

4. Stop yourself from being judgmental

Whenever you are tempted to have an opinion about someone else’s life, check your intentions. Judging others creates and promotes negative energy.

5. Say ‘thank you’ early and often

Start and end each day with an attitude of gratitude. Look for opportunities in your daily routine and interactions to express appreciation.

Advertising

6. Smile more

Even if you have to “fake it until you make it,” there are many scientific benefits of smiling and laughing. Also, pay attention to your facial expression when you are doing neutral activities such as driving and walking. Turn that frown upside down!

7. Don’t worry about the future

As difficult as this sounds, there is a direct connection between staying in the present and living a more peaceful life. You cannot control the future. As the old proverb goes, “Worry is like a rocking chair. It gives you something to do, but it won’t get you anywhere.” Practice gently bringing your thoughts back to the present.

8. Eat real food

The closer the food is to the state from which it came from the earth, the better you will feel in eating it. Choose foods that grew from a plant over food that was made in a plant.

9. Choose being happy over being right

Too often, we sacrifice inner peace in order to make a point. It’s rarely worth it.

10. Keep technology out of the bedroom

Many studies, such as one conducted by Brigham and Women’s Hospital, have connected blue light of electronic devices before bed to adverse sleep and overall health. To make matters worse, many people report that they cannot resist checking email and social media when their cell phone is in reach of their bed, regardless of the time.

11. Make use of filtering features on social media

You may not want to “unfriend” someone completely, however you can choose whether you want to follow their posts and/or the sources of information that they share.

Advertising

12. Get comfortable with silence

When you picture someone who is the ultimate state of peace, typically they aren’t talking.

13. Listen to understand, not to respond

So often in conversations, we use our ears to give us cues about when it is our turn to say what we want to say. Practice active listening, ask questions, process, then speak.

14. Put your troubles in a bubble

Whenever you start to feel anxious, visualize the situation being wrapped in a bubble and then picture that sphere floating away.

15. Speak more slowly

Often a lack of peace manifests itself in fast or clipped speech. Take a breath, slow down, and let your thoughtful consideration drive your words.

16. Don’t procrastinate

Nothing adds stress to our lives like waiting until the last minute.

17. Buy a coloring book

Mandala coloring books for adults are becoming more popular because of their connection to creating inner peace.

Advertising

18. Prioritize yourself

You are the only person who you are guaranteed to live with 24 hours a day for the rest of your life.

19. Forgive others

Holding a grudge is hurting you exponentially more than anyone else. Let it go.

20. Check your expectations

Presumption often leads to drama. Remember the old saying, “Expectations are premeditated resentments.”

21. Engage in active play

Let your inner child come out and have some fun. Jump, dance, play, and pretend!

22. Stop criticizing yourself

The world is a hard enough place with more than enough critics. Your life is not served well by being one of them.

23. Focus your energy and attention on what you want

Thoughts, words, and actions all create energy. Energy attracts like energy. Put out what you want to get back.

Advertising

24. Assign yourself “complaint free” days.

Make a conscious decision not to complain about anything for a whole day. It might be harder than you think and the awareness will stick with you.

25. Surround yourself with people you truly enjoy being in the company of

Personalities tend to be contagious, and not everyone’s is worth catching. Be judicious in your choices.

26. Manage your money

Financial concerns rank top on the list of what causes people stress. Take the time each month to do a budget, calculate what you actually spend and sanity check that against the money you have coming in.

27. Stop trying to control everything

Not only is your inner control freak sabotaging your sense of peace, it is also likely getting in the way of external relationships as well.

28. Practice affirmations

Repeat positive phrases that depict the life and qualities you want to attract. It may not come naturally to you, but it works.

29. Get up before sunrise

Personally witnessing the dawn brings a unique sense of awe and appreciation for life.

30. Be yourself

Nothing creates more inner discord than trying to be something other than who we really are. Authenticity breeds happiness.

Featured photo credit: man watching sunrise via stokpic.com

Read Next