Celebrity NetWorth crunches the numbers:
“It’s safe to assume that E.L. James has long ago sold enough copies to repay her seven figure book advance, which means at this point she is earning the standard 7% royalty on every $14 paperback and 25% royalty on every $10 ebook. In the last month, James has sold 4 million paperbacks and 1 million ebooks which equates to $2.94 million in paperback royalties and $2.497 million in ebook royalties. In other words $5.4 million in four weeks, $1.35 million per week!”
Not to mention her $5 million movie deal.
20 million copies sold so far. Note that James makes a lot more for ebooks than paper: about $2.50 per ebook vs. 98 cents for a traditional paper copy. Just one more reason to love the Internet.
(Photo: Michael Carpenter / WENN.com)