News

From getting shot to becoming a Millionaire – Malala Yousafzai

From getting shot in the head by Taliban to becoming a millionaire; read to know how Malala is spending her money.

Published

on

Today Malala Yousafzai has become role model for so many girls, who has motivated them to get education and become the superhero of their own life. Malala first captured the world's attention when she was attacked by Taliban on her way to school in the Swat Valley, Pakistan, in October 2012. Malala's dispatches for the BBC in Urdu, on how worried girls like her were about their education being disrupted by the Taliban, had already made her a figure of some prominence in Pakistan. Malala, then, became a global symbol of courage when the Taliban shot her for her speaking openly about the importance of education for girls.

The incident made her stronger than ever before and Malala has continued to promote the cause of girls' education around the world, in addition to becoming the youngest-ever Nobel Peace Prize recipient in 2014, and donated $50,000 of the prize money to rebuild a school in Gaza. (She shared the prize with India's Kailash Satyarthi.)

According to recent reports, she has also attained millionaire status.

The company which has been founded to protect the rights to Malala's life story called Salarzai Ltd, reportedly had £2.2 million in its bank account by August 2015. This year, the company reported a pre-tax profit of £1.1 million.

Advertisement

Malala's parents – Ziauddin Yousafzai and Toor Pekai Yousafzai – are shareholders in Salarzai, as is the 18-year-old Nobel Laureate Malala. Salarzai Ltd is a separate entity from the Malala Foundation, through which Yousafzai operates her charity endeavours.

A major chunk of the millions came from the proceeds from the sale of her memoir I Am Malala: The book deal was reportedly struck for £2 million; it earned a similar amount in worldwide sales; according to Nielsen Book Research, about 1.8 million copies were sold.

Although, Malala has substantial expenditure outlays as well; Malala's speaking engagements contribute as her not insubstantial earnings. According to some reports, Malala charges a fee of £114,000 pounds per speech (it has been contrasted with the £64,000 fee purportedly charged by another Nobel Laureate, Desmond Tutu.)

Sources state she will pay the British exchequer £200,000 in taxes for the last year; Yousafzai has also donated around £750,000 (or USD 1 million) for various education-related causes, through the Malala Foundation.

Image courtesy: hdwallpapers.in

Advertisement

Trending

Exit mobile version