Prince Harry's Payday for Memoir Revealed - And It's Huge!
It was just announced that Prince Harry is writing a memoir about his life and he’s getting a massive payday for the book.
The 36-year-old Duke of Sussex has reportedly been working on the book for nearly a year and it has sold to Penguin Random House.
Back in 2017, it was reported that Barack and Michelle Obama sold their books “Becoming” and “A Promised Land” to Penguin Random House for a combined $65 million.
So, how much did they pay for Harry’s book?
Click inside to find out his payday…
Harry reportedly is receiving $20 million as an advance for his book while his ghostwriter J.R. Moehringer is getting at least $1 million as an advance, according to Page Six.
It has also been reported that Harry will be donating all of his profits to charity.
“I’m writing this not as the prince I was born but as the man I have become,” Harry said in a statement. “I’ve worn many hats over the years, both literally and figuratively, and my hope is that in telling my story— the highs and lows, the mistakes, the lessons learned — I can help show that no matter where we come from, we have more in common than we think. I’m deeply grateful for the opportunity to share what I’ve learned over the course of my life so far and excited for people to read a firsthand account of my life that’s accurate and wholly truthful.”
The memoir is expected to be published in late 2022.
Prince Harry’s former chief of staff recently revealed her experience working with him and Meghan Markle.