Good Girl JK Rowling lost her billionaire status by generously giving to charity.
Adam Rifkin stashed this in Philanthropy!
Source: http://imgur.com/gallery/Rawtc
Stashed in: #inspiration, Wealth!, GOOD, Billions!, Awesome, Harry Potter, Restore your faith in humanity., G4!, Best of Imgur, Good Guys!, @jk_rowling
J.K. Rowling Loses Billionaire Status by Being a Lovely and Charitable Person:
Just when you thought J.K. Rowling couldn't be any more magical, she goes and gets booted from the Forbes list of the World's Billionaires after giving away a huge sum of her earnings to charity. Her charitable donations, coupled with Britain's high tax rates, have cost the author an estimated $160 million (does anyone know the galleon conversion rate on that?). Rowling continues to show up on Forbes' list of powerful women, however, ranking in at number 61.
See also: J.K. Rowling Is No Longer A Billionaire, Booted Off Forbes List
Cracked says her rags to riches story is not entirely true. See #2:
http://www.cracked.com/article_16989_6-inspiring-rags-to-riches-stories-that-are-bullshit_p2.html
Nonetheless, it's clear that she did pay a lot of taxes, and she has donated a lot of money.
J.K. Rowling is a good woman.
A small tribute to JK Rowling: http://imgur.com/gallery/E9OCg
I don't think it's quite fair to say that going on the dole was part of her "business plan". She was apparently fleeing an abusive marriage with a baby, her beloved mother was dying, and although she was a university graduate she was not in fact an "educated teacher who quit her job" exactly -- she'd been teaching English in Portugal, but she didn't have a UK teacher's credential and her abusive husband was in Portugal.
I think the fairest thing to say is that Rowling is the ABSOLUTE BEST CASE SCENARIO of welfare moms. She was on welfare for a very limited period of time while she concentrated on getting out of a temporary hole and working towards a better future for herself and her child. Rowling accurately saw herself having two assets: the novel she'd been working on for 7 years, and her ability to teach if she earned a credential. She pursued both, and the riskier one turned into the jackpot of all time. I don't think the whole thing was as calculated or as desperation-free as "business plan" makes it sound.
6:01 PM Mar 21 2013