Forbes Magazine just released it’s newest list of the world’s highest paid authors. The estimate is for the period ending May 31, 2011. I’m not sure if this list will inspire struggling first time novelists but it is an indicator that there is still life left in commercial publishing.
James Patterson ($84 million)
Danielle Steel ($35 million)
Stephen King ($28 million)
Janet Evanovich ($22 million)
Stephenie Meyer ($21 million)
Rick Riordan ($21 million)
Dean Koontz ($19 million)
John Grisham ($18 million)
Jeff Kinney ($17 million)
Nicholas Sparks ($16 million)