For ten years, Harry Potter fans had been spellbound by the adventures of the boy wizard, whose mission it was to defeat the dastardly Voldemort with the help of school chums Ron Weasley and Hermione Granger. But 21 July 2007 marked a bitter-sweet day in their diaries. For it was on that day that Harry Potter and the Deathly Hallows, the seventh and final novel in the series, hit the shelves.
Since then, author JK Rowling has written the odd Harry Potter short story in aid of charity, but has otherwise set Potter aside. But who knows? Considering how much of a money-spinner Harry Potter has been since making his debut in 1997, who would blame her (perhaps with no small encouragement from her publisher, Bloomsbury) if she were to write an eighth? On its release in Britain, Deathly Hallows was the fastest-selling book in history when 2,652,656 copies were snapped up.
To say the brand has been successful would be a massive understatement. When you factor in the seven novels, eight films, 11 video games, a handful of tourist attractions and more than 400 items of official tat, Statista reckons Harry Potter had generated revenue in excess of $25bn by 2018, with $8.5bn in box office receipts, €7.7bn from books, €7.3bn from toys and €2bn from DVDs. JK Rowling herself has raked in over $1bn – the first author to have done so.
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That's not bad for an idea that came to Rowling in an idle moment while stuck on a delayed train to Manchester in 1990.
Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.
Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.
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