Radcliffe’s wealth soars by tens of millions

The actor’s firm is now worth £89.2 million (AU$167 million), after he ploughed cash into art, rare books, stocks and property.

Radcliffe, 32, spreads his outlays with the help of a team including parents Marcia and Alan, The Sun reports.

Radcliffe, who last played Harry in 2011, is a fan of authors including Ernest Hemingway and Salman Rushdie and likes to buy first-editions.

He has also snapped up works by artists including Damien Hirst and Craigie Aitchison.

Accounts filed this month by Gilmore Jacobs Ltd, of which Daniel owns just under half the shares, also show it has £3.1m in property, plus £10.3m of cash reserves.

He told how his money is handled by advisers “who understand finances a lot more than me”.

The star, 12 when the first Potter film was released, told Forbes magazine: “I was obviously very fortunate financially from very, very early on.

“When you’re young you’re obviously not going to be handling it then, it would be something that would just overwhelm.”

Radcliffe joined up with co-stars including Emma Watson and Rupert Grint for a Harry Potter reunion show recently.

Watson, who played Hermione Granger, said she felt “quite overwhelmed” as “some of us haven’t seen each other for years”.

She added: “I’ve just been quite pleasantly surprised by getting to relive it all.”

This article originally appeared in The Sun and was reproduced with permission

Originally published as Harry Potter star Daniel Radcliffe’s investment portfolio soars by tens of millions in short period