Prince Harry earns $ 20million for his memoir: report



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Prince Harry would earn a big salary for his next memoir.

News broke on Monday that the prince, 36, will release a memoir late next year via Penguin Random House.

According to Page Six, the Duke of Sussex will earn an advance of at least $ 20 million for his work. Plus, his co-author, negro JR Moehringer, will make at least $ 1 million.

FOX Business has reached out to representatives for Harry and Penguin Random House for comment.

PRINCE HARRY PUBLISHES A MEMORY IN 2022

Penguin House Publishing is used to making lucrative deals for top writers, having offered Barack and Michelle Obama a $ 65 million book deal.

Prince Harry would earn an advance of at least $ 20 million for his next memoir. (Photo by Samir Hussein / WireImage)

In a press release obtained by Fox News, it was stated that Harry would donate the profits to charity, although the nature of the charity was not immediately clear. It’s unclear whether the royal will keep his advance or donate it as well.

“I write this not as the prince I was born, but as the man I became. I have worn many hats over the years, literally and figuratively, and I hope that by telling my story, the ups and downs, the mistakes, the lessons learned, I can help show that no matter where we are from, we have more in common than we realize, “Harry said in the statement. . “I am deeply grateful that I have had the opportunity to share what I have learned in my life so far and look forward to people reading a first hand account of my life that is accurate and totally truthful. “

The memoirs will cover the life of the member of the British Royal Family in the public eye, from his childhood to the present day.

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He will also deepen his military duty in Afghanistan, becoming a husband and father, and will recount all of his “experiences, adventures, losses and life lessons that helped shape him.”

Markus Dohle, CEO of Penguin Random House, said: “All of us at Penguin Random House are delighted to publish Prince Harry’s literary memoir and have him join the world-renowned leaders, icons and change-makers we have been privileged to publish over the years. . “

Prince Harry and Meghan Markle

Prince Harry’s wife Meghan Markle has also written a book called “The Bench”. They have agreements to develop content with Netflix and Spotify. (Getty Images)

Prince Harry’s book will be published in print and digital format in the United States by Random House and in Canada by Random House Canada. Transworld, a brand of Penguin Random House UK, will release the book in the UK, with additional publication territories to be announced at a later date. An audiobook edition will be released simultaneously by Penguin Random House Audio.

The book comes shortly after Harry’s wife Meghan Markle published a children’s book called “The Bench”. The duo also have agreements to create content with Netflix and Spotify.

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It was announced last week that Markle, 39, has come up with the idea for a children’s animated series called “Pearl” to be produced on Netflix with the royal production company, Archewell Productions.

FOX Business’s Sasha Savitsky and Jessica Napoli contributed to this report

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