Harry Potter star Daniel Radcliffe’s fortune doubles to £16m thanks to lucrative side hustle

HARRY Potter star Daniel Radcliffe has had a good spell financially — doubling cash reserves to more than £16million.

It means his firm’s money pile increased by £20,000 a day over the last year.

Daniel Radcliffe has had a great financial year

1

Daniel Radcliffe has had a great financial yearCredit: Rex

But the cash is just part of the £89.7million fortune Daniel has amassed since landing the role of the boy wizard in 2001 aged 12.

His company Gilmore Jacobs last year paid corporation tax of £456,000, meaning it generated profits of around £2million.

Run by him and his parents, it holds a mass of investments ­in­cluding property worth £3.4million.

It added £1.3million after some property was sold.

But fluctuations on the world stock markets saw the value of other assets fall by £2.5million in the year ending March 31, 2023.

Overall, the balance of Daniel’s company went down from £91.5million to £89.7million.

The accounts were signed off by his mum and company secretary Marcia, 66.

She and his dad Alan are understood to have helped protect his earnings since his £800,000 cheque for the first Potter film.

Daniel, with homes in West London and New York, got £40million for the final two.

The last year saw him in film Weird: The Al Yankovic Story, as well as a run on Broadway in musical Merrily We Roll Along.

The Elephant House cafe in Edinburgh, where JK Rowling wrote part of the Potter books, is due to reopen next year after a fire in 2021.

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