How did Shakespeare make his living in London?
William Shakespeare, one of the most celebrated playwrights in English literature, lived and worked in London during the late 16th and early 17th centuries. As a playwright and actor, Shakespeare’s income was derived from various sources that allowed him to sustain his livelihood and contribute to the flourishing theatre scene of the time. This article delves into the different ways in which Shakespeare made his living in London.
Shakespeare’s primary source of income came from his work as a playwright. He wrote numerous plays, including tragedies, comedies, and histories, which were performed at the famous theatres in London, such as the Globe and the Blackfriars. These plays were published and sold in printed form, providing him with additional revenue. Additionally, the popularity of his plays allowed him to receive royalties from their performances, further boosting his income.
In addition to his writing, Shakespeare also earned a living as an actor. He was a member of the Lord Chamberlain’s Men, one of the most successful acting troupes of the time. As an actor, Shakespeare not only performed in his own plays but also in those of his fellow playwrights. This allowed him to gain valuable experience and establish his reputation as a skilled actor. The acting troupe would receive a share of the box office receipts, which contributed to Shakespeare’s income.
Shakespeare also had investments in the theatre itself. He and his colleagues, including John Heminge and Henry Condell, were part owners of the Globe Theatre. This ownership provided them with a share of the theatre’s profits, in addition to their earnings as actors and playwrights. As the theatre became increasingly successful, so did their investments, further securing Shakespeare’s financial stability.
Furthermore, Shakespeare’s success as a playwright and actor enabled him to purchase a substantial estate in Stratford-upon-Avon, his hometown. This estate, including a house and land, served as a testament to his financial prosperity. In 1596, he purchased the second-largest house in Stratford, New Place, which he used as his family home.
Shakespeare’s ability to make a living in London was a testament to his talent, versatility, and the demand for his work during the Elizabethan era. Through his writing, acting, and investments, he was able to secure a comfortable livelihood and leave a lasting legacy that continues to be celebrated today.
