In 2024, book sales in the UK and US declined somewhat, but fiction sales remained strong, a fact that most likely benefits the person with the title of world's wealthiest author.
This individual has sold an astonishing 600 million copies of their books globally and amassed a fortune of £1 billion.
Stephen King or George R. R. Martin may be among the names you're guessing - both are renowned authors with numerous works and incredible success to their names.
Stephen King, known for his horror tales, has penned an impressive 77 books and countless short stories, including IT, which has been adapted for the big screen twice.
King has sold approximately 400 million copies of his books worldwide. His enduring popularity and ability to evolve as a writer is evident from the fact that he's branched out from horror into crime and other genres.
George R. R Martin, on the other hand, has written 47 books, including the immensely popular Game of Thrones series, which was later transformed into a highly successful TV show.
He has enjoyed tremendous success, selling over 90 million copies of his books worldwide, which have been translated into 45 different languages.
However, neither of them has a net worth as large as the top-selling author - or are anywhere close to that person's total figures sold, even when you combine their individual figures, which equates to 490 million copies.
Have you guessed right?
J. K. Rowling takes the top spot in the literary world.
Since 1997, Harry Potter has captivated generation after generation, and still more are being introduced to the stories nearly 30 years later. And yet - it was hardly an overnight triumph. Early on, writing was just a hobby for Rowling
Charitable at heart, J. K. Rowling donates generously, mindful of her own modest beginnings. Her contributions aid those battling MS, motor neurone disease, Parkinson's, and dementia. Additionally, she supports women's causes and educational initiatives.
Regrettably, due to contentious and inflammatory comments and clashes with notable transgender individuals, Rowling has lost favour with numerous LGBTQ+ supporters.
Miriam Margolyes, who portrayed Professor Sprout on screen, bluntly advised die-hard series fans to "grow up" and "get over it".