Login  
 
 
Go Back   Chamber of Secrets > Forum Archives > Harry Potter Archives

The Potters and their money, how and why were they so rich?



 
 
Thread Tools
  #81  
Old May 29th, 2007, 7:28 pm
Tbone  Male.gif Tbone is offline
First Year
 
Joined: 4162 days
Age: 30
Posts: 51
Re: The Potters and their money, how and why were they so rich?

The Gaunts didn't have money because, as Dumbledore said in HBP, "Lack of sense coupled with a great liking for grandeur meant the family gold was squandered several generations before Marvolo (the last descendant of Slytherin other than Morfin/Voldemort) was born."

The Potters, who were a pure-blood family as well, had money and they kept it throughout the generations because they were wiser and more conservative, methinks.


Sponsored Links
  #82  
Old May 30th, 2007, 12:12 am
Queen_Princess's Avatar
Queen_Princess  Female.gif Queen_Princess is offline
Third Year
 
Joined: 4219 days
Location: Montreal,Canada
Age: 23
Posts: 467
Re: The Potters and their money, how and why were they so rich?

All the Money that Lily inherited from her parents, she probaly traded them in for wizarding money(is that what you call it?). I did hear that a reliative of the Potters created the snitch or somthing,and the money got passed down.That is why they are rch. Also James probaly inherited the money from his parents.

I belive reading that the Potters were Aurors


__________________
Vincent Van Gogh: Hold my hand, Doctor. Try to see what I see. We're so lucky we're still alive to see this beautiful world. Look at the sky. It's not dark and black, without character. The black is in fact deep blue. And over there, lighter blue. And blue and through the blueness and the blackness, the wind swirling through the air. And then shining, burning, bursting through through the stars. And you see how they throw their light. Everywhere we look, complex magic of nature blazes before our eyes.

The Doctor: I've seen many things, my friend, but you're right. Nothing... quite as wonderful as the things you see.
  #83  
Old May 30th, 2007, 3:58 am
HPFan4Life73106  Undisclosed.gif HPFan4Life73106 is offline
First Year
 
Joined: 4170 days
Posts: 30
Re: The Potters and their money, how and why were they so rich?

I have always wondered about this, as well!

I haven't read the entire thread, so I'm sorry if I'm repeating here, but could it be possible that Harry was a decendent of Godric Griffendor?

They live in Godric's Hollow, noone seems to know how they got all of that money (and as it was pointed out earlier, JK sometimes has a way of ommitting these things on purpose). Also, I keep remembering Griffendor's sword and how Harry had been able to produce it against the basklisk.

It would also make sense to me that, if Harry were Griffendor's ansistor, he would have been chosen by LV as more of a threat than Neville, in relation to the prophesy.

I know this may be a little far-fetched... any thoughts?


  #84  
Old May 30th, 2007, 2:23 pm
hwyla  Female.gif hwyla is offline
Registered Animagus
 
Joined: 4960 days
Location: Sev's Wine Cellar
Age: 60
Posts: 4,552
Re: The Potters and their money, how and why were they so rich?

We actually do not have canon that they 'lived' in Godric's Hollow. We only know that when they hid under the Fidelius they were in a house in Godric's Hollow. That was only for a week. And we have no idea whether it was their OWN house or not.

Hasn't JKR shut down the 'Heir of Gryffindor' theory?

Quote:
The Leaky Cauldron and Mugglenet interview Joanne Kathleen Rowling: Part Three," The Leaky Cauldron, 16 July 2005 - Melissa Anelli and Emerson Spartz

MA: What about Harry's family — his grandparents — were they killed?

JKR: No. This takes us into more mundane territory. As a writer, it was more interesting, plot-wise, if Harry was completely alone. So I rather ruthlessly disposed of his entire family apart from Aunt Petunia. I mean, James and Lily are massively important to the plot, of course, but the grandparents? No. And, because I do like my backstory: Petunia and Lily's parents, normal Muggle death. James's parents were elderly, were getting on a little when he was born, which explains the only child, very pampered, had-him-late-in-life-so-he's-an-extra-treasure, as often happens, I think. They were old in wizarding terms, and they died. They succumbed to a wizarding illness. That's as far as it goes. There's nothing serious or sinister about those deaths. I just needed them out of the way so I killed them.

MA: That sort of shuts down Heir of Gryffindor [theories], as well.

JKR: [Pause.] Yeah. Well - yeah.

MA: Another one bites the dust.


__________________
When Dumbledore asked Snape, "If you are prepared..." he didn't mean 'Have your Death Eeater robes returned from the cleaners'.
Everything we've seen Snape do, was done knowing Voldemort WOULD return someday.

And when that day would come, that he had better have the appropriate memories that would enable him to lie to Voldy's face.
  #85  
Old June 1st, 2007, 2:58 pm
Tbone  Male.gif Tbone is offline
First Year
 
Joined: 4162 days
Age: 30
Posts: 51
Re: The Potters and their money, how and why were they so rich?

Quote:
Anelli, Melissa and Emerson Spartz. "The Leaky Cauldron and Mugglenet interview Joanne Kathleen Rowling: Part Three," The Leaky Cauldron, 16 July 2005

MA: What about Harry's family — his grandparents — were they killed?

JKR: No. This takes us into more mundane territory. As a writer, it was more interesting, plot-wise, if Harry was completely alone. So I rather ruthlessly disposed of his entire family apart from Aunt Petunia. I mean, James and Lily are massively important to the plot, of course, but the grandparents? No. And, because I do like my backstory: Petunia and Lily's parents, normal Muggle death. James's parents were elderly, were getting on a little when he was born, which explains the only child, very pampered, had-him-late-in-life-so-he's-an-extra-treasure, as often happens, I think. They were old in wizarding terms, and they died. They succumbed to a wizarding illness. That's as far as it goes. There's nothing serious or sinister about those deaths. I just needed them out of the way so I killed them.

MA: That sort of shuts down Heir of Gryffindor [theories], as well.

JKR: [Pause.] Yeah. Well - yeah.

MA: Another one bites the dust.

[Laughter]

JKR: Well, there you go. See, I'm aware that “Half-Blood Prince” will not delight everyone, because it does shoot down some theories. I mean, if it didn't, I haven't done my job right. A few people won't particularly like it, and a lot of people aren't going to like the death very much, but that was always what was planned to come.

Hmmm...I don't see how the Heir to Godric Gryffindor theory is shut down at all. The interviewer was the one who asked if the theory was shut down, and the question seemed to come out of the blue; J.K. might have just been playing along.

My theory is that James Potter is indeed the heir of Gryffindor, and that he left the Invisibility Cloak with Dumbledore as well as Gryffindor's sword, and Dumbledore needed the Invisibility Cloak in order to protect the sword, because he had a sneaking suspicion that Voldemort really wanted it.

But, knowing, J.K. Rowling, there will always be twists, so here is the second part of the theory:

A long time ago (maybe a hundred years ago?) the last heir of Gryffindor is dying. He is a half-blood, because Gryffindor probably didn't care if his descendants married Muggles, and probably encouraged it.

But he knows a poor pureblood family, and they are very close (kind of like Harry and the Weasleys today). The last heir of Gryffindor knows that they'll never take money that he offers to them directly, so in his last will, he leaves everything of his to them, and the poor family now becomes rich.

The family is called Potter, and three generations later, James is born, and he marries a Muggle-born (Lily), which is more of what Godric Gryffindor would have wanted to happen. James becomes able to wield Godric's sword, and he moves to Godric's Hollow, which is where Godric Gryffindor initially lived.

Any thoughts?


  #86  
Old June 2nd, 2007, 4:14 pm
HPFan4Life73106  Undisclosed.gif HPFan4Life73106 is offline
First Year
 
Joined: 4170 days
Posts: 30
Re: The Potters and their money, how and why were they so rich?

I like that idea! How many times has Harry said (or thought) that he would give the Weasly's his money, if they would take it? Altough, is also possible that the families married (like Harry and Ginny- that's right, I'm not giving up on them!)

I don't think that JK's interview completely shuts down the Heir theory. It seems more like he wasn't, in the context of HBP. She did kind of pause, like she wanted to make sure that she wasn't lying.

I just feel like that money had to be inherited... there is never a mention of Harry's parent's jobs- and that doesn't seem right. I suppose that James' family could have just been rich- good investing or something, but that's no fun! Also, it makes sense to me why Voldemort would chose Harry over Neville as being more of a threat if Harry were Gryffendor's heir. Voldemort was big into bloodlines!


  #87  
Old June 13th, 2007, 8:52 pm
Lisa_Turpin's Avatar
Lisa_Turpin  Female.gif Lisa_Turpin is offline
Deslumbrante
 
Joined: 4341 days
Location: Ravenclaw Tower
Age: 31
Posts: 751
Re: The Potters and their money, how and why were they so rich?

I'm sorry if this has already been mentioned, but I think the Potter's large inheritance comes in two parts.

1. They are an old Wizarding family, and their gold has accumulated through time. They were wise with their money and invested it or saved it and allowed it to accrue interest at Gringotts. Assuming that at least some of the family members had jobs at some point or another (hasn't JKR said James and Lily were employed?), then they would have kept adding money to the vault with their paychecks.

2. The Potter's ancestors created the Snitch. In rereading Quidditch Through the Ages, I noticed that Bowman Wright, the inventor of the Snitch, was from Godric's Hallow. I'm sure I'm not the first person to have noticed this, but JKR doesn't do anything without a reason, and I think it would be too coincidental for the Potters to be living in the same place as the inventor of the Snitch and not have it mean something.

Anyway, that's just my two cents worth, but I personally think both are very plausible theories.


__________________


Change is the constant, the signal for rebirth, the egg of the phoenix.
  #88  
Old June 14th, 2007, 3:06 am
ginny_freak  Male.gif ginny_freak is offline
First Year
 
Joined: 4156 days
Location: Nebraska
Age: 25
Posts: 44
Re: The Potters and their money, how and why were they so rich?

I have two reasons why i think that the potters are rich.

1) First i think that james inhareted money from his parents and other family. I think that becaus that he was the last potter in his family besides harry and now james has died harry has all the money.

2) Second i think that lily was an unspeakable and was payed alot.


__________________
Join the ASA today and help prevent spoilers!.
Proud Member of
Socitey of Nutters Obsessed with Ginny


Well monkey's eat bananas which grow on trees and trees grow cherries too. And George Washington chopped down a cherry tree. Therefore, George Washington was a monkey


This Quote was originaly typed by Markle
  #89  
Old June 14th, 2007, 10:26 pm
Tbone  Male.gif Tbone is offline
First Year
 
Joined: 4162 days
Age: 30
Posts: 51
Re: The Potters and their money, how and why were they so rich?

Just because the Potters are an old wizarding family doesn't necessarily mean that they are rich. Look at the Weasleys - I wonder if there's a good reason the Weasleys are poor( besides that they're blood traitors)?? I hope so.


  #90  
Old June 15th, 2007, 2:57 am
missbrunettgirl  Female.gif missbrunettgirl is offline
Second Year
 
Joined: 4234 days
Location: the south
Age: 26
Posts: 107
Re: The Potters and their money, how and why were they so rich?

Quote:
Just because the Potters are an old wizarding family doesn't necessarily mean that they are rich. Look at the Weasleys - I wonder if there's a good reason the Weasleys are poor( besides that they're blood traitors)?? I hope so.
Very good asumption on the Weasleys I wonder why they are poor compared to the other pure blood families. Maybe the money has something to do with how much status you have in the eyes of the pb families.


__________________

Pottermore House
Wand: Elder, Unicorn Tail, 14 1/2, hard.
  #91  
Old June 15th, 2007, 3:00 am
hwyla  Female.gif hwyla is offline
Registered Animagus
 
Joined: 4960 days
Location: Sev's Wine Cellar
Age: 60
Posts: 4,552
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by Tbone View Post
Just because the Potters are an old wizarding family doesn't necessarily mean that they are rich. Look at the Weasleys....
True - however, Harry's vault full of gold was inherited from his parents - as per Hagrid
Quote:
Originally Posted by PS/SS/bk1
"I haven't got any money — and you heard Uncle Vernon last night. . . he won't pay for me to go and learn magic."
"Don't worry about that," said Hagrid, standing up and scratching his head. "D'yeh think yer parents didn't leave yeh anything?"
"But if their house was destroyed —"
"They didn' keep their gold in the house, boy! Nah, first stop fer us is Gringotts. Wizards' bank.
Quote:
Originally Posted by PS/SS/bk1
Griphook unlocked the door. A lot of green smoke came billowing out, and as it cleared, Harry gasped. Inside were mounds of gold coins. Columns of silver. Heaps of little bronze Knuts. "All yours," smiled Hagrid.
All Harry's — it was incredible. The Dursleys couldn't have known about this or they'd have had it from him faster than blinking. How often had they complained how much Harry cost them to keep? And all the time there had been a small fortune belonging to him, buried deep under London.
And JKR has specifically said that James came from money and so didn't 'need' a high-paying job
Quote:
America Online chat transcript, AOL.com, 19 October 2000
What did James and Lily Potter do when they were alive?
Well, I can't go into too much detail, because you're going to find out in future books. But James inherited plenty of money, so he didn't need a well-paid profession. You'll find out more about both Harry's parents later.


__________________
When Dumbledore asked Snape, "If you are prepared..." he didn't mean 'Have your Death Eeater robes returned from the cleaners'.
Everything we've seen Snape do, was done knowing Voldemort WOULD return someday.

And when that day would come, that he had better have the appropriate memories that would enable him to lie to Voldy's face.
  #92  
Old August 6th, 2007, 5:03 pm
Jebusrocks  Male.gif Jebusrocks is offline
Second Year
 
Joined: 4097 days
Location: BC
Posts: 135
Re: The Potters and their money, how and why were they so rich?

I believe James Potter's dad was rich, and therefore James got the fortune. I hardly doubt those money was earned by James becuz he died at around 21.


__________________
My fanfiction
Aftermath of Hogwarts Story here!!

Make sure to leave Suggestions, etc. here!!
  #93  
Old August 6th, 2007, 7:24 pm
LudwigVan's Avatar
LudwigVan  Male.gif LudwigVan is offline
Third Year
 
Joined: 4094 days
Location: Room 21 A, Leaky Cauldron
Age: 29
Posts: 330
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by America Online chat transcript, AOL.com, 19 October 2000
What did James and Lily Potter do when they were alive?
Well, I can't go into too much detail, because you're going to find out in future books. But James inherited plenty of money, so he didn't need a well-paid profession. You'll find out more about both Harry's parents later.
Yeah, well we didnt found out though . But yes, i really think the Potters worked for the Minisitry, maybe Aurors, but they were wealthy beacuase of James family.


Quote:
Originally Posted by ginny_freak View Post
I have two reasons why i think that the potters are rich.

1) First i think that james inhareted money from his parents and other family. I think that becaus that he was the last potter in his family besides harry and now james has died harry has all the money.

2) Second i think that lily was an unspeakable and was payed alot.
Why do you think Lily was an unspeakable???


  #94  
Old August 6th, 2007, 8:22 pm
Yaxley  Male.gif Yaxley is offline
First Year
 
Joined: 4092 days
Location: In a cuboard
Age: 24
Posts: 2
Re: The Potters and their money, how and why were they so rich?

I personally don't think the Potters were decendents of Gryfinndor.It's possible but not enough evidence.

Dumbledore explained that only a true Grfyfindor could have pulled the sword out of the hat,which is why Nevelle pulled it out of the hat and killed Voldie's snake(her name escapes me for the moment).So that doesn't mean that Harry is a decendant,just means he was a good Gryfindor

The invisibiltiy cloak came to Harry because he was a decendant of one of the three brothers of the Deathly Hallows(can't think of his name either).So the invisibility cloak wasn't Godric's.

And Godric's Grotto was just a village named in his honer,i don't think they are descendents just because they lived there.


__________________
"....then she was kissing him as she had never kissed him before,and Harry was kissing her back,and it was blissful oblivion,...,she was the only real thing in the world,Ginny,the feel of her,one hand at her back and one in her long,sweet-smelling hair-
The door banged open behind them and they jumped apart.
"Oh,"said Ron pointedly."Sorry."----DH pg 116
LOL!
  #95  
Old August 6th, 2007, 9:28 pm
LudwigVan's Avatar
LudwigVan  Male.gif LudwigVan is offline
Third Year
 
Joined: 4094 days
Location: Room 21 A, Leaky Cauldron
Age: 29
Posts: 330
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by Yaxley View Post
I personally don't think the Potters were decendents of Gryfinndor.It's possible but not enough evidence.

Dumbledore explained that only a true Grfyfindor could have pulled the sword out of the hat,which is why Nevelle pulled it out of the hat and killed Voldie's snake(her name escapes me for the moment).So that doesn't mean that Harry is a decendant,just means he was a good Gryfindor

The invisibiltiy cloak came to Harry because he was a decendant of one of the three brothers of the Deathly Hallows(can't think of his name either).So the invisibility cloak wasn't Godric's.

And Godric's Grotto was just a village named in his honer,i don't think they are descendents just because they lived there.
I think you posted in the wrong tipic


  #96  
Old August 7th, 2007, 2:09 am
PeerlessKid  Male.gif PeerlessKid is offline
Third Year
 
Joined: 4097 days
Location: London
Age: 28
Posts: 347
Re: The Potters and their money, how and why were they so rich?

Quote:
Originally Posted by Yaxley View Post
I personally don't think the Potters were decendents of Gryfinndor.It's possible but not enough evidence.

Dumbledore explained that only a true Grfyfindor could have pulled the sword out of the hat,which is why Nevelle pulled it out of the hat and killed Voldie's snake(her name escapes me for the moment).So that doesn't mean that Harry is a decendant,just means he was a good Gryfindor

The invisibiltiy cloak came to Harry because he was a decendant of one of the three brothers of the Deathly Hallows(can't think of his name either).So the invisibility cloak wasn't Godric's.

And Godric's Grotto was just a village named in his honer,i don't think they are descendents just because they lived there.

Isnt there a spoiler in there?!

I would really like it for Harry to be Godric's heir, but I just really dont see that happening.
I think James inherited all the money, why? Because JKR said so, so shush



Last edited by PeerlessKid; August 7th, 2007 at 2:18 am.
  #97  
Old August 7th, 2007, 4:23 am
Artemis_Black  Female.gif Artemis_Black is offline
Banned
 
Joined: 4121 days
Location: Las Vegas, Nevada, USA
Age: 29
Posts: 358
Re: The Potters and their money, how and why were they so rich?

J.K.R. said that James inherited his money, and that it was enough so that he and Lily wouldn't have to work.


  #98  
Old August 7th, 2007, 4:51 am
General_Ridley  Male.gif General_Ridley is offline
Third Year
 
Joined: 5150 days
Age: 29
Posts: 275
Re: The Potters and their money, how and why were they so rich?

inheritance, IIRC.


she's said in a recent interview that Harry is not a founders descendant.


__________________
Important moments in Voldemort History!

Dec. 31, 1927 - born.
1943-1944 - opens Chamber of Secrets, kills dad and grandparents
1944 - Creates first Horcrux
1971-1981 - Goes public, decimates Wizarding world
1995 - Reborn
  #99  
Old August 7th, 2007, 8:29 am
Toppa  Female.gif Toppa is offline
Third Year
 
Joined: 4784 days
Location: University of Arizona
Age: 31
Posts: 352
Re: The Potters and their money, how and why were they so rich?

Oh wow, I'm sorry but this must be the most over-asked question on this forum. James inherited the money...he came from a wealthy pure-blood family. JK said it herself.


  #100  
Old August 31st, 2007, 8:06 pm
PeerlessKid  Male.gif PeerlessKid is offline
Third Year
 
Joined: 4097 days
Location: London
Age: 28
Posts: 347
Re: The Potters and their money, how and why were they so rich?

Yh I think Jo pretty much closed the qustion by telling us that he inherited it all

But the question still yet remains as to how the Potters got so rich? I think it's basically the fact that its a Pure Blood family, they go way back and acumulated loads and loads of gold


__________________
- Happiness can be found, even in the darkest of places, when one only remembers, to turn on the light. -


"Has Ron saved a goal yet?" asked Hermione.
"Well, he can do it if he thinks no one is watching him," said Fred, rolling his eyes. "So all we have to do is ask the crowd to turn their backs and talk among themselves every time the Quaffle goes up on his end Saturday."
- PeerlessKid -
 
Go Back  Chamber of Secrets > Forum Archives > Harry Potter Archives

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT +1. The time now is 8:08 pm.


Powered by: vBulletin, Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Original content is Copyright © MMII - MMVIII, CoSForums.com. All Rights Reserved.
Other content (posts, images, etc) is Copyright © its respective owners.