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Jeffrey Archer Net Worth - A Tale Of Success, Scandal, And A $200 Million Fortune

Jeffrey Archer is a well-known British author who has captivated readers for decades with his bestselling novels. He is also a controversial figure due to his various scandals. However, regardless of the controversies, Jeffrey Archer net worth continues to grow, making him one of the wealthiest authors in the world.

Author:Alex Mercer
Reviewer:Nathanial Blackwood
Apr 10, 2023
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Jeffrey Archer is a well-known British author who has captivated readers for decades with his bestselling novels. He is also a controversial figure due to his various scandals. However, regardless of the controversies,Jeffrey Archer net worthcontinues to grow, making him one of the wealthiest authorsin the world. In this article, we will delve into Jeffrey Archer's net worth and take a closer look at his life and career.

Quick Facts About Jeffrey Archer

NameJeffrey Archer
BirthdayApril 15, 1940
ProfessionAuthor
Net worth$200 million

Early Life Of Jeffrey Archer

Jeffrey Howard Archer was born on April 15, 1940, in the city of London, England. He was raised in a modest home by his father, William Archer, who was a printer, and his mother, Lola Archer, who was a homemaker.
Archer attended Wellington School in Somerset, England, and later studied at Brasenose College, Oxford University, where he pursued a degree in English literature.
During his time at Oxford, Archer was actively involved in politics and was a member of the Conservative Association. In 1963, he became the President of the Oxford Union, one of the most prestigious debating societies in the world.
After graduating from Oxford, Archer began his professional career as a teacher at a secondary school in Somerset. He later worked as a physical education instructor and as an actor, before becoming involved in politics. In 1969, he was elected as a Member of Parliament for the Louth constituency in Lincolnshire, England, and served in that position until 1974.
Despite his early success in politics, Archer's true passion was writing. He began writing his first novel, "Not a Penny More, Not a Penny Less," in the early 1970s, and it was published in 1974. The book was a success and was followed by several more bestsellers, including "Kane and Abel," which was published in 1979 and has sold over 37 million copies worldwide.

Writing Career Of Jeffrey Archer

Jeffrey Archer wearing glasses, a brown coat with a blue striped undercoat
Jeffrey Archer wearing glasses, a brown coat with a blue striped undercoat
Jeffrey Archer's writing career spans several decades and includes a wide range of genres, from fiction to non-fiction. Here is a closer look at some of his most notable works:
  • Fiction- Archer's first novel, "Not a Penny More, Not a Penny Less," was published in 1974 and became an instant bestseller. This was followed by several more successful novels, including "Kane and Abel," "The Prodigal Daughter," "First Among Equals," and "A Prisoner of Birth." Many of his novels have been adapted into television series or films.
  • Short Stories- Archer has also published several collections of short stories, including "A Quiver Full of Arrows," "A Twist in the Tale," and "To Cut a Long Story Short." His short stories are known for their unexpected twists and turns and have been widely praised by critics.
  • Non-Fiction- In addition to his fiction writing, Archer has also published several works of non-fiction, including "The Prison Diaries," a series of books detailing his time in prison, and "Paths of Glory," a biography of George Mallory, the British mountaineer who attempted to climb Mount Everest in 1924.
  • Playwriting- Archer has also written several plays, including "Beyond Reasonable Doubt," "Exclusive," and "The Accused." His plays have been performed in theatres around the world and have received critical acclaim.

Political Career Of Jeffrey Archer

Jeffrey Archer's political career spanned from the late 1960s to the mid-1970s, during which he served as a Member of Parliament for the Conservative Party in the United Kingdom. Here is a closer look at his political career:
  • Election to Parliament- Archer was elected to Parliament in 1969, representing the constituency of Louth in Lincolnshire. During his tenure, he served on various committees, including the Select Committee on Education, Science, and Arts.
  • Conservative Leadership- In 1975, Archer made an unsuccessful bid for the leadership of the Conservative Party but was defeated by Margaret Thatcher. Despite his loss, he remained a prominent member of the party and continued to be involved in its activities.

Business Career Of Jeffrey Archer

In addition to his writing and political careers, Jeffrey Archer has also been involved in various business ventures. Here is a closer look at his business career:
  • Investments- Archer has made several successful investments in businesses, including Cambridge Science Park and Anglia Television. He has also invested in real estate and property development.
  • Board Memberships - Archer has served on the board of directorsfor several organizations, including the Marylebone Cricket Club and the United Nations Association. He has also been a member of the British Olympic Association.

Jeffrey Archer Net Worth

Jeffrey Archer's net worth is estimated to be around $200 million. He has amassed his fortune through a successful career in writing, with his books selling millions of copies worldwide.
In addition to his writing career, Archer has also been involved in various business ventures and has made successful investments in real estate and property development.
Despite several controversies throughout his career, including his imprisonment for perjury and perverting the course of justice, Archer's net worth has remained relatively stable. He continues to be a prolific writer and a respected figure in the literary world, with many of his books adapted into television series and films.

Real Estate Properties Of Jeffrey Archer

Jeffrey Archer wearing a light blue polo long sleeves while leaning on a wooden gate
Jeffrey Archer wearing a light blue polo long sleeves while leaning on a wooden gate
Jeffrey Archer is known to have owned several high-end real estate properties in the United Kingdom and abroad. Here are some of the most notable properties that he has owned:
  • The Old Vicarage in Grantchester, Cambridge- Archer lived in this property for several years in the 1970s and 1980s. The property is a grade II listed building and has six bedrooms and four bathrooms.
  • The Pheasantry in Grantchester, Cambridge- This is another property that Archer owned in Grantchester. It is a grade II listed building and has nine bedrooms and six bathrooms.
  • The Mallorca Villa- Archer owned a villa in Mallorca, Spain, which was known for its stunning views of the sea. The property had six bedrooms and six bathrooms.
  • The Clifton Lodge in Oxford- Archer owned this property in the 1990s. It is a grade II listed building and has 17 bedrooms and 11 bathrooms.
  • The Penthouse in London- Archer also owned a penthouse in London's exclusive Chelsea neighborhood. The property had three bedrooms and three bathrooms and offered stunning views of the city.

Philanthropic Works Of Jeffrey Archer

Jeffrey Archer is known to be actively involved in philanthropic work, and he has supported several charitable organizations over the years. Here are some of the most notable philanthropic activities of Jeffrey Archer:
  • The Prince's Trust- Archer has been a longtime supporter of The Prince's Trust, a UK-based charity that helps young people overcome barriers and achieve their full potential. He has donated proceeds from his books to charity and has also participated in fundraising events.
  • National Literacy Trust- Archer is a patron of the National Literacy Trust, which promotes literacy and reading skills among children and adults in the UK. He has supported the charity's various initiatives and has also written books for children.
  • SOS Children's Villages- Archer has also been involved with SOS Children's Villages, a global organization that provides care and support to vulnerable children. He has sponsored several children through the organization and has also visited their villages.
  • Teenage Cancer Trust- Archer is a patron of the Teenage Cancer Trust, which provides specialist care and support to teenagers and young adults with cancer. He has donated proceeds from his books to charity and has also participated in fundraising events.

Jeffrey Archer Controversies

Jeffrey Archer has been involved in several controversies throughout his career. Here are some of the most notable controversies:
  • Libel Case against the Daily Star- In 1987, Archer won a libel case against the Daily Star newspaper, which had accused him of sleeping with a prostitute. Archer was awarded damages of £500,000, but the victory was short-lived, as evidence later emerged that Archer had paid the prostitute for her silence.
  • Insider Trading- In 1986, Archer was investigated for insider trading after he sold shares in Anglia Television shortly before the company announced a takeover bid. He was cleared of any wrongdoing, but the controversy damaged his reputation.
  • Perjury and Perverting the Course of Justice- In 2001, Archer was found guilty of perjury and perverting the course of justice in a trial related to a libel case he had won in 1987. Archer had lied under oath about his relationship with a prostitute and had asked a friend to provide a false alibi. He was sentenced to four years in prison.
  • Plagiarism Allegations- Archer has been accused of plagiarism on several occasions. In 2007, he was accused of copying a story from a French author for his book "A Prisoner of Birth". Archer denied the allegations.
  • Charity Donations- In 2016, Archer was criticized for his charity donations after it emerged that he had claimed tax relief on donations that had been made by his own charity. The controversy led to calls for greater transparency in charitable donations.

Interesting Facts About Jeffrey Archer

Jeffrey Archer wearing a black suit
Jeffrey Archer wearing a black suit
  • Archer was a member of Parliament in the UK from 1969 to 1974 and again from 1985 to 1987. He was later made a life peer in the House of Lords in 1992.
  • Archer has written over 30 books in his career, which have sold over 275 million copies worldwide. He is best known for his novels, including "Kane and Abel", "Not a Penny More, Not a Penny Less", and "First Among Equals".
  • Archer is a former Olympic athlete and represented the UK in the 100-meter dash in the 1966 European Championships.
  • Archer has been involved in several high-profile legal battles, including a libel case against the Daily Star newspaper in 1987 and a perjury trial in 2001. He was sentenced to four years in prison for perjury and perverting the course of justice.
  • Archer has been married to Mary Weeden since 1966, and they have two sons together. Weeden has been a supportive partner throughout Archer's career and has also played a key role in his philanthropic work.
  • Archer is a skilled public speaker and has given speeches at several prestigious events, including the Oxford Union and the Conservative Party Conference.
  • Archer is a big fan of cricket and has been involved with the Marylebone Cricket Club, the governing body of cricket in the UK, for several years.
  • Archer is a prolific fundraiser for charity and has donated large sums of money to various causes. He has also used his books and public appearances to raise awareness for social issues.

People Also Ask

What Is Jeffrey Archer Famous For?

Jeffrey Archer is famous for being a bestselling British author, as well as a former Member of Parliament and businessman.

What Is Jeffrey Archer's Most Famous Book?

Jeffrey Archer's most famous book is "Kane and Abel," which has sold over 37 million copies worldwide.

Has Jeffrey Archer Been To Jail?

Jeffrey Archer was imprisoned for perjury and perverting the course of justice in 1999.

What Awards Has Jeffrey Archer Won?

Jeffrey Archer has won several awards for his writing, including the Prix Relay du Roman d'Evasion and the Diamond Dagger Award from the Crime Writers' Association.

Conclusion

Jeffrey Archer net worth is a testament to his incredible success as an author and businessman. His novels have sold millions of copies worldwide, and his investments and business ventures have helped him accumulate an estimated net worth of $200 million.
Despite his controversies, Archer remains a popular figure in the literary world, and his books continue to be loved by readers around the globe. While his personal life may be marked by controversy, there is no denying his immense talent as a writer, and his net worth is a reflection of his enduring success.
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Alex Mercer

Alex Mercer

Author
Alex Mercer is a seasoned author and analyst specializing in wealth research, with a keen focus on evaluating the net worth of individuals across various industries. With over a decade of experience in financial analysis and wealth assessment, Alex has developed a nuanced understanding of the factors that contribute to an individual's financial status, from investments and assets to market trends and economic policies. His work involves in-depth reviews and analyses, providing insightful observations on wealth accumulation, management strategies, and the socio-economic implications of wealth distribution. Throughout his career, Alex has become known for his ability to distill complex financial data into understandable and engaging narratives, making the subject of wealth and net worth accessible to a broad audience. His expertise is not just in numbers but in telling the stories behind them, highlighting the journeys, strategies, and decisions that lead to financial success or challenges. Alex's contributions to the field of wealth research are valuable resources for anyone looking to understand the dynamics of wealth in today's world, offering a unique perspective that bridges the gap between financial analysis and human interest.
Nathanial Blackwood

Nathanial Blackwood

Reviewer
Nathanial (Nate) Blackwood is a distinguished financial journalist with a decade of experience in net worth analysis. He holds an Economics degree from the University of Finance and a Data Analysis certification, enabling him to blend thorough insights with engaging storytelling. Nate is known for making complex financial information accessible to a wide audience, earning acclaim for his precise and reader-friendly analyses. Beyond his writing, Nate is dedicated to financial literacy, actively participating in educational forums and workshops. He is the founder of PureNetWealth, a platform that demystifies the financial achievements of public figures by exploring the strategies and decisions behind their fortunes. Nate's work bridges the gap between intricate economic concepts and the general public, inspiring a deeper understanding of wealth dynamics. Follow Nathanial Blackwood for essential insights into the financial narratives shaping our world.
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