Forbes names 50 Shades' E.L. James top-earning author

E.L. James, author of the '50 Shades' trilogy, has been named world's top-earning author by Forbes Magazine.

According to the list, the London-based writer had reportedly earned 95 million dollars between June 2012 and June 2013, which puts her ahead of the nearest rival James Patterson, the New York Post reported.

The list also features established writers such as Diane Steele on the 5th position, Stephen king on 10th and 'Harry Potter' Writer J.K. Rowling on the 15th position.

The magazine said that the list was based on the sales data, published figures and information from industry sources, which were gathered during the designated time frame.

James' debut books, which are based on sex and bondage, have become massive best sellers with over 70 million copies sold during the first eight months they were on sale in the US.