This week, Forbes published the Billionaire Dropoff list and one of the 11 is Harry Potter author J.K. Rowling. Forbes reports that Rowling's estimated 160 million in charitable giving, combined with Britain's high tax rate, bumped her from the list.
Rowling has explained that "You have a moral responsibility, when you've been given far more than you need, to do wise things with it and give intelligently."
Rowling was once a struggling single mother and is now president of Gingerbread, a charity that supports single parents. She also founded Lumos, a charity that helps disadvantaged kids in the U.K. and the Volant Charitable Trust, which is set up to support important causes such as multiple sclerosis research.
This #ThankYouFriday, we give a big shout out to J.K. Rowling for her charitable contribution.