Sex sells, so they say. And the accounts of EL James, author of the Fifty Shades of Grey bondage trilogy, prove it. James’s company, Fifty Shades Ltd, raked in almost £20m last year, with a profit of £9.8m.
The accounts show that James, 52, took a dividend of £2.6m from the company last year, compared with £3.2m in 2013. Almost £1m was given to charity. While last year’s profits pale against the £25m made the previous year, the accounts confirm that James’s fortune continues to grow. Last year she was sitting on cash and shares in her company worth more than £37m, up from just under £30m in 2013.
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