Daniel Radcliffe’s cash reserves double to £16m as company filings reveal the Harry Potter star has property worth more than £3.3m

Daniel Radcliffe has doubled his cash reserves to more than £16 million as company filings reveal the Harry Potter star has property worth more than £3.3 million.

The 34-year old actor’s balance sheet shows that he had £8,832,790 in the bank in 2022, before the star’s already enormous fortune doubled to a whopping £16,085,209 this year.

The accounts belong to Gilmore Jacobs, a firm run by Radcliffe and his parents which generates income from several lucrative investments, including a property portfolio worth nearly £3.4 million.

Over the last year, the firm has effectively been earning £20,000 a day over the last year, and last year paid corporation tax of £456,00, meaning that it turned around a profit of £2 million.

However, this does not reflect all of the wealthy actor’s vast and profitable assets. Radcliffe, who rose to fame as the boy wizard in 2001, has amassed an enormous £89.7 million fortune since landing the lead role in the hugely successful franchise.

But not even the boy-who-lived can be unsusceptible to the instability of global markets which did see the value of assets fall by £2.5 million in the year ending March 2023. Radcliffe’s fortune dropped from £91.5 million to £89.1 million.

The accounts were signed off by his his mother, Marcia, 66, and his father Alan, who have been looking after the actor’s earnings ever since he received his first cheque of £800,000 after the first Harry Potter film.

Radcliffe who owns homes both in West London and in New York, made a tidy sum of £40 million for the last two Potter films.

The actor has been plagued with rumours that he is set to take over Hugh Jackman ‘s role Wolverine in the Marvel Cinematic Universe teased X-Men movie – all because of his ripped new physique.

Over the last year, Radcliffe starred in the 1981 Broadway revival of Merrily We Roll Along and in the film Weird: The Al Yankovic Story.