James Patterson tops highest-paid authors list
18th August 2011
James Patterson has been named the highest-paid author in the world in a new list compiled by Forbes, based on sales over the last year.
Patterson, who has published over 60 novels, had an income of USD 84 million (GBP 51 million) between May 2010 and April 2011, according to Forbes, putting him above the likes of Stephen King and Stephenie Meyer.
It follows the USD 70 million he earned in the previous 12-month period and is largely attributed to the nine books he published in 2010 alone – seven of which were co-written.
In September 2009, Patterson signed a deal to write or co-write 11 books for adults and six for young adults by the end of next year, with Forbes at the time estimating the deal to be worth up to USD 150 million.
Last year, Patterson earned more than double the second-placed author on Forbes' list, Danielle Steel, who netted USD 35 million, with Stephen King in third place with USD 28 million.
This is despite Patterson often coming under criticism from peers, including King, who claim he is a poor prose stylist and question the extent of his involvement in many of the titles he co-writes.