$50,000,000 a year for J.R.R. Tolkien it means $4,166,667 per month, $1,041,667 per week or $208,333.33 per day! J.R.R. Tolkien, author of "The Hobbit" and "The Lord of the Rings," earns much more today than he did when he was alive.
I have been a fan of the writings of J.R.R. Tolkien since the late 1960s and have read his "The Lord of the Rings" trilogy, or more recently, watched the movies almost every year since I was 12. I felt like I had lost a family member when Tolkien passed away in 1973.
During his lifetime, Tolkien earned a humble to moderate income as a soldier and a professor, but it was as an author of high fantasy novels that he became wealthy enough to move to Bournemouth, a resort for the upper middle class, during his retirement.
Amazingly, Tolkien's income has continued to increase since his death due to the success and continued sales of his books, the subsequent movies and other product merchandising. Tolkien was recently named #5 on the list of Top-Earning Dead Celebrities published by Forbes.
*: estimated income based on 48 forty hours weeks per year.