daniel radcliffe proves his entrepreneurial skills

London (ANI): Harry Potter star daniel radcliffe has proven his astuteness by earning 13 million pounds in just one year. The 18-year-old has proven to be not only a laudable actor but also a good business entrepreneur, having invested millions from his earnings in property and businesses.

The English actor's assets is said to have risen by 3 million pounds since last year, excluding the 8 million pounds he made from Harry Potter and the Order of the Phoenix. Gilmore Jacobs, a company that is owned by his parents Alan and Marcia, even though they have stipulated that all the riches belong to him, is said to have made a good profit.

According to the figures for Gilmore Jacobs, it shows that in 12 months he put 4 million in cash in the bank, had investments of 7 million pounds and was owed 2 million pounds in outstanding payments. The figures have just been lodged at Companies House and cover the year to August 2007, reports The Sun.

In December 2007, with his fortune being estimated at 25 million pounds, Radcliffe paid 2.2 million pounds for a pad in Manhattan, which he plans to rent out at 10,000 pounds a month. Another venture of his is the Almada Productions, which had been set up to develop scripts, and which made a 67,000 pounds profit last year. Daniel, who has been the Quidditch-playing hero since 2001, took full control of his earnings when he turned 18 last July.