Malala, A New Millionaire

The Nobel Peace Prize Winner, Malala Yousafzai and family are newly announced millionaires based on her best-selling memoir and speaking forums, a report evinced on Wednesday.

Four years following her near-death experience, having been shot on the bus to school in the Swat Valley, it was discovered that a company formed to protect the rights to her life story made a pre-tax profit of £1.1million.

Malala was 14 when she was shot by Taliban for her public support for girls’ education. Now she is a joint shareholder of the company, Salarzai Ltd.

According to news reports, the firm whose joint shareholders include her father Ziauddin Yousafzai and her mother Toor Pekai had £2.2million in the bank by last August.

Nonetheless, the London-based Salarzai which was formed in 2013 is a different entity entirely from the charitable Malala Fund which objectives are to assist girls to safely to complete secondary education throughout the world.

The Sun newspaper mentioned that Malala will be paying £200,000 in UK tax on her earnings last year.

Her book I Am Malala conveys the story of her growing up in Pakistan. It was published in 2013 in Britain in a deal with an estimate of £2million and since then has sold about 1.8million copies worldwide.

Malala, in the book, highlighted how she had been ‘hypnotised by this talk of the big world beyond our valley’, but realized that her future would be anything but as she was a girl, although her father desired that she live freely.

At the age of ten, the Taliban took over the region, banning girls from attending school. She rebelled and spoke against it and was shot on her way home in 2012.

Nevertheless, Malala was a survivor and was taken to Britain for treatment. She is now based there and attends the private Edgbaston High School for Girls.

She has become a highly desired speaker since her terrible ordeal. A report by the Institute for Policy Studies in Washington DC revealed that she is paid a ginormous £114,000 for each speech.

At a memorial to Jo Cox, who was murdered this month in West Yorkshire, in London’s Trafalgar Square, she described the former MP as a ‘modern day suffragette’.

Short URL: https://www.newspakistan.pk/?p=53474

Posted by modousarr on Jun 29 2016. Filed under Latest News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.