Eric Carle net worth: How much was The Hungry Caterpillar author worth?
U.S. children’s author Eric Carle, who was best known for his classic book The Hungry Caterpillar, has died at the age of 91.
Carle reportedly passed away at his studio in Northampton, , on May 23, 2021, as a result of kidney failure.
made his wealth largely thanks to the intellectual rights of his popular books.
Before reportedly selling his franchise to children’s publishers Penguin Random House in 2019, it is estimated that the author earned anywhere from $5million to $8million in royalties every year.
Carle said about the sale in 2019:
Penguin Kids Books tweeted: "It is with heavy hearts that we share that Eric Carle, author & illustrator of The Very Hungry Caterpillar and many other beloved classics. .
"Thank you for sharing your great talent with generations of young readers."
How many awards did Eric Carle win?
According to his website, Carle won a number of awards over his career thanks to the success of his books.
His most famed book, The Very Hungry Caterpillar, has raked in 18 awards on its own including The New York Times Top Ten Best Illustrated Books of the Year, 1969.
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Individually, the author won the 2003 Children’s Literature Legacy Award - a prize for writers who have made a lasting contribution to the field.
This followed the 1999 Regina Award, which also recognized Carle’s literature legacy.