Here I am! yes!
Hello Lions. Eagles, Snakes and Badgers! Welcome back to my wonderful Wizarding channel! I
am Rebecca Felgate and today we're talking about the size of Harry Potter's .....er....bank
balance! That's right! So I say Harry Potter, but I think he shall hence forth be known
as Big Bucks Haz. Before we open up his wizarding wallet, I just want to ask you guys to leave
a thumbs up on my video and also leave me a comment telling me who you think the richest
wizard in the wizarding world is! Also, let me know your house, because I know you guys
are very proud of that! Slytherin 4 LIFE!
Okay, Big Bucks Haz! Despite growing up in a cupboard under the stairs, he has some serious
cash in his Gringotts vault...BUT is he a billionaire in Muggle money?
First off let's talk Wizarding money. It is like muggle money but for wizards...for no
real reason other than they wanted their own hunks of precious metal. It doesn't even glitter
or glow or float... Missed a trick.
So we know that there are 17 sickles to a Galleon and 29 knuts to a sickle. This means
that there would be around 493 knuts to a galleon....now a keen economist on Reddit
Obiismyhomie, poured over the books and wacked together a price index. They did this because
they wanted to see if they could figure out a rough exchange rate for Muggle Goods.
They mulled over a Butterbeer costing 2 sickles, a bottle of water and a hot chocolate also
costing 2 sickles. A ride on the Knightbus costs 11 sickles. Now, I don't agree, but
they suggest that a sickle would be around 1 dollar and 50 cents and a galleon 25 bucks.
These days I would disagree with those prices, but we have to remember that Harry Potter
is set in the 90s.
Would a beer at any point in the 90s be 1 dollar 50? Actually in the 90s, a beer was
more around 2 pounds, that is 2.85 dollars, so almost twice the amount originally estimated.
Just remember that for one second.
When Harry first visits his Gringotts vault at 713, the passage reads that there were
sickles, knuts and galleons as far as the eye could see. I imagine this to be way more
than were depicted in the movie. However, another Redditor has taken the pile of cash
from the movie and calculated how much Wizard cash could be there based on the exchange
rate offered by Obiismyhomie.
Redditor Neocratozred did some indepth calculations which I am just going to show you because
honestly it is better if you pause, digest and look.
Based on the layers of money estimated by the Redditor number 2 and the currency value
given by Redditor number one, it is predicted that Harry Gringotts vault stands at hearty,
very healthy 1 million, 2 hundred and 65 thousand, 2 hundred and 65 dollars. Woah there big bucks
haz.
That being said, I don't think the original estimate is totally accurate, so we're going
to times that by 1.9. That takes the total to 2,404,000,003...so 1.6 million pounds.
BUT that was the 90s! Money has seen a lot of inflation since then. Guven a British inflation
rate of 2.5 % each year We can practically double that amount now meaning that big bucks
Haz has nearly 5 million dollars, or over 3 million pounds...and that is without the
interest rate! I have no idea what percentage Gringotts are pedaling, but it seems like
Harry could live off his interest. Also, it doesn't seem like Harry had to pay school
fees, the most he bought was a few potions books and pumpkin pasties...
Let's also not forget that Big Bucks Haz has some prime real estate in the form of Grimmauld's
place and wherever he lives now with Ginny. Grimmauld's place is in Islington, London.
With that kind of property, these days it would be over 4 million dollars. The house
used in filming was worth 3.5 million pounds. He also owned an invisibility cloak, which
was one of the three Deathly hallows....so probably invaluable.
I think that takes Harry's total to over 9 million dollars so well over 6 and a half
million pounds.... but what about his job? He is an Auora, which is a pretty good job!
His parents who left him the cash were auoras too!
If the job isn't that much of a high earner, then where is all his money coming from? Is
Harry part of the Wizarding Landed gentry? Are his family members lords of wizarding
manors? Okay, I get it....all of this doesn't make Harry Potter a Billionaire.
But think of this; he is the most famous wizard in the world. He defeated he who must not be named. If he ever wanted a book deal...
He could rake in the mega bucks. If JK Rowling can make billions on his name...why can't he!
So! That was the low down on Bigs Bucks Haz for you! What did you think? Do you think he is a billionaire? Let me know in the comments section below!
For now, I am your friendly neighbourhood Slytherin....like this video and share it with a friend. See you next time!