Prince Harry Is Reportedly Getting Paid $20 Million Upfront To Publish His 'Accurate & Wholly Truthful' Memoir
Cha-ching! Prince Harry is reportedly getting paid $20 million upfront to publish his memoir, Page Six reported on Monday, July 19.
That same day, Harry, 36, revealed his latest venture and said that he would be donating all the proceeds to charity. However, it's unclear if he will keep the advance or not.
The outlet also reported that Harry's co-writer, ghostwriter J.R. Moehringer, is getting at least $1 million as an advance.
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"I’m writing this not as the prince I was born but as the man I have become. 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," the red-headed royal said in a press release. "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."
"All of us at Penguin Random House are thrilled 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," Markus Dohle, CEO of Penguin Random House, said.
He added, “Prince Harry has harnessed his extraordinary life experience as a prince, a soldier, and a knowledgeable advocate for social issues, establishing himself as a global leader recognized for his courage and openness. It is for that reason we’re excited to publish his honest and moving story.”
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While some are excited to hear Harry's side of the story, it seems like his brood is less than thrilled with the announcement.
“The royal family is shaken up about the book,” a source told Us Weekly, adding that Prince Charles and Prince William are “particularly concerned about what Harry will reveal."
The insider added, “They haven’t received a copy yet so and don’t know what to expect. It’s making them nervous.”