He is only 17. But Daniel Radcliffe is wealthy, very wealthy indeed compared to those of his age. Believe it or not, the young actor has become the youngest person to make this year's prestigious Sunday Times Rich List.
In the annual list, conducted by the respected British newspaper, Radcliffe is placed 8th with an amazed personal fortune of £14 million. What a large amount. His earnings are reportedly channeled into Gilmore Jacobs, a company set up for him by his parents.
"He is still at school but he is in a position where he will never have to work again," Philip Beresford, who compiled the list, said. "Money has been pouring into his personal company, largely from royalties he is paid every time the films are shown on TV."
Also he continued, "He may also have negotiated a share of the profits from the films or a share of the merchandising money. If he wants to go to university, we can safely say he won't need to worry about a student loan!" What a lucky guy.