Fiction Writer Stephen King Net Worth Reveal in 2024
Stephen Edwin King is one of the richest horror writers in the world. Do you know what Stephen King net worth is in 2024? Last year it was nearly 500 Million, which is increasing day by day. He is the richest horror author in the first quarter of 2024. Most books of King have scary stories and become very popular in the overall world.
Though there are huge fans of Stephen King, but some haters also in the USA for his controversial opinion. He is very active on 𝕏 (Twitter), We have seen some controversial posts on his profile. Before the last Christmas Day, Ray Garton (Novel Writer) posted two movie names for Christmas. Stephen King reposted it and wrote above, “I hate Christmas movies.”
Today in this blog post we will discover how wealthy is Stephen King, and how he became rich and famous. Also, we will inform you about the top 10 best-selling Stephen King books, Most Popular Movies, and each earning source of the author.
What is Stephen King's Net Worth?
Stephen King had around $550 Million in the second quarter of 2023. His annual income is around $52 million. So in 2024, Stephen King net worth is nearly $600 Million. Which means he has a lot of money right now. He has earned a lot of money by writing scary stories in various formats such as novels, movies, books, etc.
He started writing from childhood and published his first column in a newspaper at 18 years old. Now he has sold hundreds of millions of copies of books worldwide, and it is running with the consistency. Everyone has a weakness in the story, when it comes to horror, the curiosity level boosts up to the next level.
How Does Stephen King Become Rich?
As you can see, Stephen King's net worth is nearly $600 million, which means he has now a lot of money. But he did not have enough money to buy food or a telephone, which was an emergency for him. At the beginning of his life was very hard.
I found on Reddit about his struggle and poverty that he could not wed his girlfriend Tabitha Spouse. Before married, their first child, Naomi, was born on 1 June 1970. They had no money at this time, even no telephone. A neighbor helped with important calls only.
Stephen King was working on a chemical plant. He wrote his first published book, “Carrie” when he lived in a broken-down trailer with his wife and kids. King never forgot his tough times and stayed down-to-earth.
Stephen King saw the change after published his first Novel “Carrie” on 5 April 1974. He had earned $2,500 for the novel, If we adjust based on the inflation the amount is around $14,500 today. This amount is only for 30000 print copies of the novel.
After 1 year, the paperback version of the book became a bestseller and was published by the New American Library. Especially, it became more popular after the film version of the horror novel “Carrie” in 1976. After becoming popular in the horror novel “Carrie”, started to increase Stephen King net worth, and He started to become rich.
How Much Money Does Stephen King Make a Year?
Stephen King makes around $52 million in a year. He earns money through his creative work, so no one can compete with him. Most of the money is from book royalties. But Stephen King's annual earnings come from 3 main sources, and increase Stephen King's net worth.
01. Book Royalty
Most of the books are horror stories related to Stephen King's books. He gets a percentage when people buy his written books from any library or paperback online copy. Around $30 Million in earnings come from book royalties annually.
02. Movie Adaption
Stephen King's Another great way to earn money is movie adaption. He started earning money from movie adaption in 1976. The first horror novel, “Carrie” Came to the film industry. He earns around $20 million per year from this section. So this is also very impactful on Stephen King net worth.
03. Other Licensing Deals
Selling short stories, screenwriting, TV shows, and other related tasks is the third income source of this great horror story writer.
How Much Does Stephen King Make Per Book?
Stephen King makes $1-3 for each copy of each sale of his books, it can be an online copy or hard copy. You are amazed that only $1-3! So take a look at how many copies almost sold of Stephen King's books. 400 million copies of Stephen's books have already sold out. I hope you can understand how it can gain a $600 Million Stephen King net worth.
How Much Does Stephen King Get Paid for Movies?
The income of any movie author depends on various factors. Such as the production cost of the movie, audience interest, acting quality, overall movie experience, and more.
No one can exactly say how much Stephen King gets paid for movies. Usually, high-quality authors get $40-50K for movies. But as a famous author, Stephen can get more than $50K for movies.
Top 10 Best-Selling Stephen King’s Books
After publishing the first book in 1974, Stephen King did not look back again. He has regularly published his horror books and adapted to the visual version of movies. He has earned a lot of money from the film industry by writing movie scripts.
Sometimes he has earned 10x more money from movies than from book sales. Here is a list of the Top 10 Best-Selling Stephen King Books. These books have helped to increase Stephen King net worth.
Books Name | Publishing Year | Total Sold | Total Earnings |
The Shining | 1977 | 6 Million | $40 Million |
The Dark Tower | 1982 | 30 Million Copies | $25 Million |
The Stand | 1978 | - | $22 Million |
Misery | 1987 | - | $15 Million |
Under The Dome | 2009 | - | $9 Million |
Carrie | 1974 | 4 Million | $8 Million |
Pet Sematary | 1983 | - | $6.5 Million |
IT | 1986 | - | $6 Million |
Salem’s Lot | 1975 | - | $5.2 Million |
11/22/63 | 2011 | - | $3 Million |
Remember that we have shown the total earnings of these best-selling books in the table. Stephen King will get royalties from these earnings.
Best Stephen King Movies of All Time
Try to recall, that when you watched an emotional or tragic movie, you cried. Despite knowing that this is not real, why do you cry for the movie? This is the power of storytelling. Stephen King is a great storyteller, that's why he can connect with a massive audience. This is the secret behind reaching $600 Million of Stephen King net worth.
When his story came to the visual version like films, it was mind-blowing to millions of people. Let's look at the table below, where I have included the 10 most-grossing movies of Stephen King.
Movie Name | Production Cost | Release Date | Income |
It (Chapter One) | $35 Million | 8 Sep 2017 | $701 Million |
It (Chapter Two) | $79 Million | 6 Sep 2019 | $480 Million |
1408 | $25 Million | 22 June 2007 | $232 Million |
Misery | $20 Million | 30 Nov 1990 | $100 Million |
Pet Semetery | $11.5 Million | 21 April 1989 | $57.5 Million |
Pet Semetery Two | $8 Million | 28 Aug 1992 | $57 Million |
Stand By Me | $8 Million | 22 Aug 1986 | $52.3 Million |
The Dark Tower | $66 Million | 31 Jul 2017 | $113 Million |
Secret Windows | $40 Million | 12 Mar 2004 | $94 Million |
The Shining | $19 Million | 23 May 1980 | $48 Million |
This table of most grossing movies of Stephen King is not adjusted with the inflation. This is just an idea of how popular Stephen King’s movies are worldwide. He has earned most of the money from the movie industry.
What Awards Has Stephen King Won?
Authors never write to get awards, but when any writing influences numerous audiences positively, they get an award. Other authors are waiting for one or two awards, while Stephen King has won and been nominated for 178 awards. Here is a list of the awards, Stephen King got at different times for his different works and career.
Award Name | Category/Works | Year |
American Library Association | Salem's Lot | 1978 |
American Library Association | The Long Walk | 1979 |
Balrog Award | Best Collection / Anthology (Night Shift) | 1980 |
British Fantasy Award | Special Award for Novel | 1981 |
Convention Award | World Fantasy Award | 1981 |
University of Maine | Alumni Career Award | 1981 |
British Fantasy Award | Best Short Fiction (The Breathing Method) | 1983 |
Spokane Public Library | Golden Pen Award | 1986 |
Bram Stoker Award | Best Novel, (Misery) | 1987 |
Bram Stoker Award | Best Fiction Collection | 1990 |
Locus Award | Best Horror/Dark Fantasy Novel (Desperation) | 1997 |
Audie Award | Best Unabridged Fiction Audiobook | 1997 |
Italia Award | Best International Novel (The Dark Tower) | 1999 |
Bram Stoker Award | Lifetime Achievement | 2002 |
Audie Award | Best Unabridged Fiction Audiobook | 2002 |
BBC (The Big Read) | The Stand, It, The Green Mile | 2003 |
International Horror Guild Award | Living Legend Award | 2003 |
Bram Stoker Award | Best Novel (Lisey's Story, Duma Key) | 2006, 2009 |
American Library Association | Just After Sunset | 2009 |
Audie Award | Best Fiction Audiobook | 2009 |
Los Angeles Public Library | Career and Lifetime Achievement | 2010 |
Fall for the Book Festival | Mason Award | 2011 |
International Thriller Writers | Best Hardcover Novel (11/22/63, Doctor Sleep) | 2012, 2014 |
International Thriller Writers | Best Hardcover Novel (11/22/63, Doctor Sleep) | 2012, 2014 |
Edgar Award | Best Short Story (“Obits”) | 2016 |
We have a few awards seen in this list won by Stephen King. If we include all the awards, you may feel boring to read. If you want to know the full list of awards, go to Wikipedia. So we are now clear that not only Stephen King net worth is so big, but he has achieved also a big list of awards.
Stephen King's Family
Stephen Edwin King, well known as Stephen King, was born on 21 Sep 1947, in Portland, Maine. Donald Edwin King and Nelie Ruth are the parents of The King. When he was only two years old, he lost his father. Mom and his elder brother raised him. He loved to write short stories from his childhood.
When he was in class two, he was selling stories to his friend to earn money. After around 27 years of struggling and leading a challenging life, he could see the door to success by publishing 'Carrie'.
Stephen King's Wife’s Name, Age, Books, and Net Worth
Stephen King's wife's name is Tabitha Jane King, born on 24 March 1949. She is now 74 years old. Stephen King and Tabitha both were students at the University of Maine. The couple met in the library of this university while they worked. After 1 year of born the first baby, Naomi King, they were married in 1971.
Tabitha Jane King the wife of Stephen King is also an American author. She has written fiction and non-fiction novels, series, stories, and more. Some famous books of Tabitha King are:
- Series: Caretakers (1983)
- Series: The Trap (1985)
- Series: Pearl (1988)
- Series: One-on-One (1993)
- Series: The Book of Reuben (1994)
- Novel: Small World (1981)
- Novel: Survivor (1997)
Tabitha King's net worth is approximately $5-6 Million, while her husband Stephen King net worth is around $600 million.
Stephen King's Children's Names
The couple, Stephen King and Tabitha King, have three children. The first one is a daughter, then two sons. Here is a short introduction to Stephen King's children and their net worth.
- Naomi King, full name is Reverend Naomi Rachel King was born on 1 June 1970. She was a Restaurant business owner, but She is now a Minister for the Unitarian Universalist Church in Plantation, Florida. [Net worth: Someone said $233 Million, which is fake news. We are reviewing her net worth.]
- Joe Hill: Joseph Hillström King was born after two years of his elder sister on 4 June 1972. He is also a fiction writer and Musician. He has become a bestseller in New York. His net worth is $12 Million, which is nothing compared to Stephen King's net worth. But still good enough.
- Owen King: Owen Philip King is the last child of Stephen King. He was born on 21 February 1977. He is also a writer of Novels and graphic novels, also he is a film producer. His net worth is around $16 Million.
Why is Stephen King's Daughter in a Wheelchair?
Stephen King's daughter Naomi was born with a chronic deficit of the hormone adrenaline. She loved to read her father's book.
But after a long time of reading her father's book. Her father's books lost the power to emotionally convenience her. She had a progressive muscular disorder, that's why she is in a Wheelchair.
Though Stephen King net worth is millions of dollars, this is very pathetic for Stephen King.
Final Thoughts
Stephen King net worth is now at millions, if you look back on his childhood and youth, he was very poor. Even sometimes, he struggled for food or a telephone for emergency calls.
The “King of Horror” got rich by writing thriller novels, stories, and more. Most of the money he had earned from film. There are a lot of popular novels turned into movies and earned more money.
Now the 'Horror King' Stephen has everything, houses, cars a lot of bank balance that he does not need. His wife and his sons all are reputed authors and earn a lot of money. A total of 4 members of this family are authors.
Can you imagine where they are now? Only Stephen King net worth is approximately $600 million. His sons and wife have also earned good enough. They are now one of the richest families in the USA.
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FAQ | Stephen King Net Worth
Who is the Richest Horror Writer?
The king of horror, Stephen King is the richest horror writer in the world. He has published around 60 novels and sold almost 400 Million copies overall in the world. Now, Stephen King net worth is around $600 million.
When did Stephen King First Start Writing?
Stephen King first started writing in January 1959. At the age of 13, Stephen and David started a newspaper, “Dave's Rag”. He started first writing for this newspaper.
Is Stephen King Still Alive? How Old is Stephen King?
Yes, Stephen King is still alive as of January first week, 2024. He is now 76 years old.
Is Stephen King Still Writing Books?
Yes, he is still writing. “You Like It Darker” is an upcoming book, that will be released on 21 May 2024. So we can say that he is still writing.
How Wealthy is Stephen King?
Stephen King is the owner of around $600 million. He has a few cars, houses, investments on the stock market, and more.
What is the Latest Stephen King Novel?
Holy is the latest novel published on 5 September 2023 written by Stephen King.
