Monday, March 12, 2012

J.K Rowling: Billionaire to millionaire - Life & Style - NZ Herald News

J.K Rowling: Billionaire to millionaire - Life & Style - NZ Herald News: The Harry Potter author has fallen down the Forbes rich list because of her charitable giving, the business magazine said.

Forbes, which has produced an annual list of billionaires for the past 25 years, said Rowling's philanthropic ways had dented her bank balance, along with the heavy taxation burden levied on high earners in Britain, the The Telegraph reported.

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