Quote of the day:
is one of many financial blessings for author J.K. Rowling: The winner of six Tonys clocked $2.3 million in ticket sales in a single week, the most of any nonmusical play in Broadway history. Add 2.8 million print units sold in the U.S. across her empire—a down year for Rowling—as well as eight-figure sums from theme parks and a new film about The Boy Who Lived, and she reigns supreme again on our ranking of the highest-paid authors, with an estimated $92 million pretax.
Former First Lady Michelle Obama rounds out the top three, earning an estimated $36 million. She and her husband, former president Barack Obama, received a reported $65 million joint-advance for two books in 2017, an unprecedented sum for a presidential memoir. Although Barack Obama’s book has yet to be published—rumor has it that the tome could arrive during the 2020 presidential race—the success of Michelle Obama’s shows the sky-high advance may be worth it for publisher Penguin Random House.
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