How James Patterson Achieved a Net Worth of $800 Million
James Patterson is an award-winning American author who’s written a handful of books throughout his career. Thanks to becoming a best-selling author, he’s amassed a huge net worth that is likely due to his works being turned into movies and films.
James Patterson’s net worth is estimated to be around $800 million, with his salary being $90 million annually. Most of his profits were from his e-book sales, of which he has sold over one million. The rest of his net worth has come from other deals, such as his books being turned into movies and his success as an executive advertiser.
As you can see, James has become a successful and well-respected writer in his genre. Keep reading to know which of his works and what else has contributed to his overall net worth.
Who is James Patterson?
James Patterson is an American author who writes in the thriller, non-fiction, and romance genres. However, James is also known for being the world’s bestselling author. He has over 1 million in e-book sales and was on Forbes’ highest-paid author list.
Over the course of his writing career, he has written over 16 books and will continue to write more. He also likes to co-write books with other authors and has worked with prominent people, such as Bill Clinton.
Aside from that, he used to be an executive advertiser. However, he ended that career to follow his passion for writing. Since then, he has moved his card copy books online, listing them for sale as e-books.
James Patterson Early Life
Born on March 22, 1947, in Newburgh, New York. Patterson was the son of Isabelle and Charles Patterson. His mother was a teacher, while his dad worked as an insurance broker. Their home life was relatively normal and had incorporated some Irish traditions.
What are James Patterson’s Assets?
Currently, James Patterson owns real estate properties all around America. However, what is known about his houses is that some are located in New York, Los Angeles, Las Vegas, Texas, and Washington state.
As for cars, James owns a handful of cars in his collection. He is a big car collector and prefers some classics. Some include a Mercedes Benz, Ford, Rolls Royce, and many others.
James Pattersons Education
Not much is known about James Patterson’s school life. He graduated summa cum laude with a Bachelor of Artis in English by attending Manhattan College. However, he attended post-graduate at Vanderbilt University. Here, he graduated with a Master of Arts in English.
It was later he thought about becoming a Ph.D. candidate at Vanderbilt. Instead, he was offered an executive advertising job at J. Walter Thompson. He worked in advertising until 1996 when he decided to focus on his writing career.
How Did James Patterson Become Famous?
James’s success came from his novel in 1993, Along Came a Spider. While he had previously written other works, this book set him on the radar as a major writer. The reason it was so successful is because of Patterson’s previous work, which enabled him to be able to campaign for the novel on T.V.
Aside from that, he also became a best-selling author for his other works. This includes a few fictional stories, including books like:
- Alex Cross
- Women’s Murder Club
- Michael Bennett
- Maximum Ride
- Middle School
- Ali Cross
Some non-fiction books that put him on other people’s radars, such as the book Walk in My Combat Boots and E.R. These titles are still just some of the works James has worked on. He has a much longer list. In total, he has written 16 different novels.
James Patterson Controversy
James is known for co-authoring books with other people. The criticism is that he doesn’t write much in his co-writes books. Instead, he ends up only writing a small section of the book.
This is mainly a rumor, and nothing has been confirmed to be true. He does collab a lot with other authors. However, even Stephen King stated on USA Weekend that Patterson was “a terrible writer, but he’s very successful.” in which Patterson replied, “He’s taken shots at me for years. It’s fine, but my approach is to do the opposite with him, to heap praise.” in a Wall Stree Journal interview.
Other people have also claimed that Patterson’s writing was terrible. The only reason he’s popular is because of his marketing, etc. Needless to say, Patterson has gained a large traction of hate from many people.
What is James Patterson’s Net Worth?
James Patterson’s net worth is estimated at $800 million as of 2023. He has become more popular due to e-books, with most of his profits from selling them online. Additionally, he still co-writes and collects royalties from publishing prior books. This adds to his estimated salary of $90 million each year.
James Patterson’s Net Worth By Year
Over the years, his net worth has accumulated to $800 million. The earliest record was his net worth in 2017, only $550 million. While that doesn’t seem like a small number, he was yet to collect more profits from sales of his e-books.
In 2019, his net worth increased to $650 million. After that, in 2021, his net worth grew even more as it hit $750 million. In 2023, his net worth will be $800 million, likely growing quickly.
James Patterson Net Worth FAQs
What is James Patterson’s best-selling book?
His best-selling book is Along Came a Spider, which later got a movie in 2001. The book is the first in the Alex Cross series and is a crime thriller book. The movie was a hit and made over $100 million at the box office.
How many of James Patterson’s books does he write?
James has had over 200 novels written, but some are co-written. There is a controversy that he doesn’t write his books. However, that isn’t true. James has stated that he has a strict routine and writes each day.
How did James Patterson get so rich?
James got rich by selling 425 million copies of his books and one million e-books. The sales have caused him to surpass any other author on Forbes’s list of highest-paying authors. Plus, a yearly salary of $90 million adds up, as he also invests in real estate and other assets that can become more valuable with time.
Is James Patterson the richest novelist in the world?
No, James Patterson is not the richest novelist in the world, but he is included in the top ten richest authors. He has prof more than Stephen King, Nora Roberts, and Danielle Steel. The richest novelist in the world is Agatha Christie, who was estimated to make over 2 billion in sales.
You can also read:
- How Dean Koontz Achieved a Net Worth of $145 Million
- How John Grisham Achieved a Net Worth of $220 Million
- How J.K. Rowling Achieved a Net Worth of $1 Billion
- How Stephen King Achieved a Net Worth of $400 Million
- The 20 Richest Authors in the World