Accounts filed at Companies House show Fifty Shades Ltd revenues of £12.6m- But......author still lives in family home in West London she bought in 1998
- Accounts also show author gave £1.1m to charity
- Novelist has recently signed a Hollywood film deal thought to be worth £3m
Multi-millionaire: Fifty Shades of Grey author E L James's company posted revenue of £12million in its first six months of operation
The erotic trilogy by EL James featuring explicit scenes of bondage became a global publishing sensation and has sold more than 70million copies.
Now accounts for Fifty Shades Ltd reveal turnover of £12.6million in the period to the end of last September, with a profit of just over £8million after tax and costs.
The accounts also show the author has given more than £1million to charity.
Despite the success of the books, Ms James is still living in the same terraced house in West London - thought to be worth £350,000 - that she bought with her husband, Niall Leonard, 15 years ago.
The most extravagant purchase Ms James has made since her debut novel became a biggest bestseller in British history is a new Volkswagen car, the Sunday Times reported.
Ms James, whose real name is Erika Leonard, created the Fifty Shades company in February 2012 to handle the growing income from the books.
She and her husband are the only directors of the company and paid themselves dividends of £355,000 on top of their £3,900 salaries, according to the first accounts filed at Companies House.
Read more: http://www.dailymail.co.uk/news/article-2346798/Author-erotic-bestseller-Fifty-Shades-Grey-earns-12-6MILLION-just-months-lives-350-000-terrace-house.html#ixzz2XBVTFpaq
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1 comment:
Although her books are very silly, EL James herself has always come across as a sensible woman. I'm glad she's not doing anything stupid with the money. If you already have a nice home, why move just to please the Daily Mail?
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