Dear Struggling Novelists: Fifty Shades of Grey Author Currently Making One MILLION Dollars a WeekS

In the words of Ana Steele: Oh, jeez. According to this report,

It's safe to assume that E.L. James has long ago sold enough copies to repay her seven figure book advance, which means at this point she is earning the standard 7% royalty on every $14 paperback and 25% royalty on every $10 ebook. In the last month, James has sold 4 million paperbacks and 1 million ebooks which equates to $2.94 million in paperback royalties and $2.497 million in ebook royalties. In other words $5.4 million in four weeks, $1.35 million per week!

In September, she should be getting a check for $20 million. And so, it is with great excitement that I announce my new novel, Fifty Shades of Twilight Games.

[Celebrity Net Worth]

Earlier: Fifty Shades Of Grey Not That Great, Admits Author of Fifty Shades Of Grey