These were the world's 11 richest authors in 2016

=11. John Green — £7.5 million ($10 million)

John Green is famous for writing several novels, including "Looking for Alaska," "An Abundance of Katherines," "Paper Towns," and "The Fault in Our Stars," which sold over 10 million copies following its release and became the best-selling book of 2014.

=11. Veronica Roth — £7.5 million ($10 million)

American novelist and short story writer Veronica Roth became a household name when her book "Divergent" became a New York Times bestseller in April 2011. She has also published two sequels, "Insurgent," and "Allegiant." All three have been adapted for film.

8. EL James — £10.5 million ($14 million)

E.L. James' "Fifty Shades" series of erotic novels started out as a fan fiction tribute to the "Twilight" novels by Stephenie Meyer. James released "Grey" — a spin-off of her bestselling books – in June 2016.

=7. Nora Roberts — £11.3 million ($15 million)

Nora Roberts has written more than 215 novels, but is best known for her romantic fiction. Her most recently published works include "Bay of Sighs," published in June 2016, and "The Obsession," which was published in April during the same year.

=7. Danielle Steel — £11.3 million ($15 million)

Danielle Steel has sold 650 million copies of her romance novels throughout her career. Her most recent book, "Magic: A Novel," was released in July 2016.

=7. Stephen King — £11.3 million ($15 million)

Stephen King is one of the world's wealthiest authors, having amassed an estimated £338 million ($450 million) throughout his sci-fi and horror novel-writing career. His most famous works include "The Shining," "It," and "Misery," which have all been turned into films. His memoir, "On Writing," gives valuable insights on how to become an author yourself.

4. John Grisham — £13.5 million ($18 million)

Lawyer turned crime novelist John Grisham has sold more than 300 million copies of his books worldwide and inspired several blockbuster movies like "The Firm" and "The Pelican Brief."

3. JK Rowling — £14.3 million ($19 million)

J.K. Rowling is one of the world's best-selling authors, but she wasn't always so successful. "Harry Potter and the Philosopher's Stone," the first book in the "Harry Potter" series that made her famous, was rejected by several publishers before being picked up by Bloomsbury in 1997. The franchise continues to make Rowling one of the richest authors of all time.

The latest film, "Fantastic Beasts and Where to Find Them," topped the UK box office for four consecutive weeks since its release in November, and has grossed more than £40 million in UK cinemas so far.

2. Jeff Kinney — £14.6 million ($19.5 million)

Jeff Kinney became famous for writing "Diary of a Wimpy Kid," the first in a hugely successful children's book franchise. The tenth book in the series, "Old School," was released in November 2015.

1. James Patterson — £71.3 million ($95 million)

James Patterson is the world's highest-paid author by a wide margin, and has been the world's best-selling author since 2001. He has sold more than 350 million books worldwide, and is most famous for the "Alex Cross" crime novel series.