Stephen King Net Worth $500 Million - The King Of Horror

American author of horror, suspense, supernatural fiction, and fantasy Stephen King net worth is $500 million. Over 350 million copies of his novels have been sold globally as of this writing.

As of this writing, Stephen King has released six non-fiction works and more than 60 novels (including seven written under the pen name Richard Bachman).

They include "Carrie," "It," "Stand by Me," "The Shawshank Redemption," "The Stand," "Misery," and "The Shining," which have all been adapted into well-known movies or miniseries. The King of Horror is a common moniker for him.

Quick Facts About Stephen King

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Stephen King Personal Life

In 1947, Stephen King was conceived in Portland, Maine. Stephen King's mother, Nellie Ruth, raised him and his adoptive brother David by herself after his father abandoned the family when he was a small child.

Before deciding to settle in Durham, Maine, the family had previously lived in Wisconsin, Indiana, and Connecticut.

King was murdered by a train when he was a little boy while riding with a buddy. After leaving the house to play with the youngster, King, according to his family, returned, stunned and dumbfounded.

Later that day, the boy's death was revealed to the boy's family. When Stephen was eleven years old, his mother accepted a position as a caretaker at an institution for the mentally sick.

King was drawn to the horror genre from an early age. He enjoyed reading "Tales from the Crypt" by EC horror comics when he was a kid.

As a child, he began writing for enjoyment. He sold tales to his buddies that were based on films he had seen. The title of King's debut tale was "I Was a Teenage Grave Robber."

In Lisbon Falls, Maine, Stephen went to Durham Elementary and Lisbon Falls High. King received a Bachelor of Arts in English from the University of Maine. He contributed to the campus newspaper when he was a student.

On January 2, 1971, King was hitched to Tabitha Spruce. They have three kids together.

Both Naomi and Rev. Dr. Thandeka are Unitarian Universalist Church preachers who reside in Plantation, Florida with their daughter.

The Kings' two sons are writers. In 2005, Owen King released "We're All in This Together: A Novella and Stories."

Under the pen name Joe Holl, Joseph King released two works in 2005 and 2007: "20th Century Ghosts," a collection of short tales, and "Heart-Shaped Box," a novel.

Major benefactors, King and his wife are. Every year, he gives out around $4 million to local fire departments who need modern lifesaving tools like the Jaws of Life, libraries, schools, and foundations that support the arts.

The Stephen and Tabitha King Foundation, which ranks sixth among Maine's nonprofits and receives more than $2.8 million annually in donations, was founded by King and his wife.

For Bangor, Maine, families in need of heating assistance, King's charity provided $70,000 in matching funds in November 2011.

Career Of Stephen King

King taught high school after receiving his college degree, and he also published short tales to periodicals for males.

He was employed as a teacher at Hampden Academy in Maine in 1971. King's book "Carrie" was purchased by Doubleday in 1973.

King had written four novels before, but this was his first to see the light of day. King's career was launched with "Carrie," which went on to become a notable horror book. It was turned into a lucrative horror movie starring Sissy Spacek in 1976.

King wrote "Salem's Lot," "The Shining," and "The Stand" throughout the course of the remaining 1970s.

King accepted a post as a creative writing instructor at the University of Maine in the autumn of 1977.

He produced the dramatic novella collection "Different Seasons" in 1982. Three of the four novellas in this book "Stand by Me," "The Shawshank Redemption," and "Apt Pupil" were made into movies, making it important.

King released "It" in 1986, and it quickly became the most popular hardcover book in the country. To mention a few of King's other works, "Cujo," "Pet Cemetary," "The Green Mile," and "The Dark Tower" series.

Owners of the radio station group Zone Radio Corp, which includes WZON/620 AM, WKIT-FM/100.3, and WZLO/103.1, are King and his wife Tabitha.

Stephen King Net Worth

Stephen King is one of the wealthiest writers in the world, with an estimated net worth of $500 million as of January 2023. American fantasy, horror, thriller, and science fiction novelist Stephen Edwin King.

More than 350 million copies of his novels have been sold worldwide, and many of them have also been made into feature films, miniseries, and comic comics.

King got an advance for the novel "Carrie" of $2,500, which is equivalent to $14,525 in today's dollars. The book's paperback rights were sold for $400,000, or $2.3 million in today's dollars.

Real Estate Of Stephen King

King and his wife have three properties that they split their time between. Their Victorian mansion in Bangor, Maine, which was completed in 1870 and served as their primary abode for a while, is currently slated to become a museum and writer's retreat.

Additionally, they own a vacation property in the Lowell, Maine, lake area close to the New Hampshire border. The pair also owns a beachfront house in Sarasota, Florida, on the Gulf of Mexico.

People Also Ask

How Much Money Does Stephen King Make On A Book?

Stephen King is one of the highest-paid writers in the world and the creator of several best-selling novels. Stephen King's works generate about $30 million in royalties annually.

How Much Did Stephen King Make From Carrie?

At the time "Carrie" was published, King received a $2,500 advance payment, which would be equivalent to around $15,000 in today's money.

In contrast, the paperback rights to the book were sold for $400,000, which is equivalent to more than $2.3 million in today's US currency.

How Tall Is Stephen King?

Stephen King’s height is 1.93 m, which is equal to 6 ft 4 in.

Conclusion

One of the world's best-paid writers is Stephen King. He has sold more than 350 million copies of his well-known books globally throughout the course of his career.

His books served as the inspiration for some of the finest movies this decade, including "Carrie," "The Shining," "The Shawshank Redemption," and "IT."

One of the wealthiest writers in the world as of January 2023, Stephen King has a net worth of over $500 million.