Paulo Coelho is a famous and critically acclaimed author whose net worth is $500 million. Much of his money has been accumulated from the sale of his books. Some of the books he is most famous for include The Alchemist and Veronika Decides to Die.

Born in Rio de Janeiro, Brazil, Paulo Coelho always knew he wanted to be an author when he grew up. His ambition to be a writer, coupled with his introspective and quirky personality, made his parents take him to a mental institution for medication until he was released when he turned 20 years. His problems continued well into his young adult years when he dropped out of university and became a hippie, dabbling in drugs. He became a songwriter, until the year 1986 when he had a spiritual awakening while walking the road of Santiago de Compostela in Spain.

It is there when his fortunes as a writer began to change, releasing The Alchemist that would go on to sell 65 million copies worldwide in 1987. Other books he has published include The Fifth Mountain, Veronika Decides to Die, The Valkyries and the Witch of Portobello. His books have made him millions of dollars as well as being adapted into series and movies.

He currently lives with his wife Christina Oiticica, commuting between Europe and Brazil, and devoting his time to writing as well as assisting the old and vulnerable children through his Paulo Coelho Institute.

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