When you have enough, give some away

al-Reuters is reporting that JK Rowling, wealthy author of the Harry Potter series, is going to publish a book of fairy tales and give the proceeds to charity.

Rico says it's a nice thing, even if she is already filthy rich...

The Tales of Beedle the Bard, which will be published on 4 December, is mentioned in the seventh -- and final -- Potter book as having been left to Harry's friend Hermione Granger by Professor Albus Dumbledore, headmaster of their school Hogwarts. Rowling initially only produced seven copies of the Tales, bound in brown Moroccan leather and decorated in silver and moonstones. She gave six copies to people closely connected to the Potter books and auctioned off the seventh, which was bought in December by Amazon for about $4 million. Bloomsbury Publishing and Scholastic will now publish editions with an introduction by Rowling, selling for $12.99, while Amazon will produce up to 100,000 collector's edition copies, which will aim to replicate the look and feel of the original book and sell for $100. Proceeds from the book will be donated to the Children's High Level Group, a charity Rowling founded in 2005 to help the 1 million children across Europe still living in large residential institutions.