Money & Power

Here's How Stephen Hawking Made His Fortune-and What Might Happen to It

The world-famous physicist died early Wednesday morning.
IMAGE GETTY IMAGES
Comments

Renowned physicist Stephen Hawking died early Wednesday morning at his home in the United Kingdom, leaving behind three children and three grandchildren, and a fortune he amassed through book sales and prizes.

Hawking, who was 76, published A Brief History of Time in 1988, and the groundbreaking book has since sold more than 10 million copies and been translated into 40 languages. Estimates of how much the scientist might have earned for that book alone are as high as nearly $6 million, and he "also made lucrative sums from other books," the Daily Mail noted in 2006.

That year, Hawking and his second wife, Elaine Mason, divorced after 11 years of marriage. The couple had shared a "$3.6 million chalet-style home in Newnham, an expensive section of Cambridge," Vanity Fair reported, but their terms of their divorce settlement were not revealed.


ADVERTISEMENT - CONTINUE READING BELOW
Elaine and Stephen Hawking in 2002

Hawking also made money through product endorsements. He earned $2 million for promoting an eyeglass store chain, among other British businesses, on television in 2004, for example.

As a professor, he probably earned more than $110,000 a year, which Times Higher Education reported as the average salary for a Cambridge University professor in 2011-2012 academic year.

In 2013, Hawking was awarded the Special Breakthrough Prize in Fundamental Physics set up by Russian internet billionaire Yuri Milner, which came with a $3-million award. All in all, celebritynetworth.com reports his net worth was $20 million.

While his heirs could inherit that entire sum, it's possible that Hawking left some of it to charitable organizations like his own foundation and SOS Children's Villages, which is dedicated to caring for orphaned and abandoned children. The non-governmental organization describes the late scientist as "a long-time friend" who began supporting the cause in 1990.

This story originally appeared on Townandcountrymag.com.
* Minor edits have been made by the Townandcountry.ph editors.

ADVERTISEMENT - CONTINUE READING BELOW
Comments
View More Articles About:
About The Author
Sam Dangremond
View Other Articles From Sam Dangremond
Comments
Latest Stories
 
Share
There are ghosts in MiraNila, but not the sort that cause nightmares.
 
Share
The stylish, lightweight look is ready to fend off spring showers.
 
Share
From step counters to triathlon companions, these are the ones that will make you a smartwatch owner.
 
Share
The surge in Chinese property buyers has led to higher price tags and rental rates all over the region.
 
Share
The Duchess has worn the black headpiece on at least seven occasions.
 
Share
Because the best libations have just a hint of mint.
 
Share
Today, babaylans are past reminders of how Filipinos regarded women in high esteem, long before colonizers came ashore.
 
Share
The luxury watchmaker leads the list of the 100 most reputable companies in 2019.
 
Share
Meet the New New Money, the God, the East Rich, and more.
 
Share
The first bracelet was a custom piece for the Duchess of Windsor, but now you can get one of your own for a cool $1.2 million.
Load More Articles
CONNECT WITH US