Sources are spilling that Prince Harry scored a massive payday from publishing company Penguin Random House — the same mega-publisher that scored former President Barack Obama and First Lady Michelle Obama’s wildly successful post-White House memoirs — ahead of the book's release.
“This book is going to make the Oprah [Winfrey] interview look like the tip of the iceberg. Harry is not getting a $15 million advance just because of who he is, he is getting it because he is going to tell everything,” a source dished to Radar.
Although the 36-year-old did announce that proceeds from the explosive book will go to charity, it is unclear whether or not he will donate or pocket the advance dough.
The news of Prince Harry’s upcoming memoir — which promises to cover the Duke’s “lifetime in the public eye” to his private life as husband to Meghan Markle and father to Archie, 2, and newborn daughter Lilibet — was announced yesterday.
“I’m writing this not as the prince I was born but as the man I have become,” the father-of-two said in a statement posted on Archewell on Monday, July 19. “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 statement continued: “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 bombshell memoir adds to a growing list of lucrative deals for the Duke and Duchess of Sussex. They previously inked multimillion dollar deals with streaming giant Netflix and audio powerhouse Spotify.
As Harry publicly declared his intentions to pull back the curtains of his life as a former royal, OK! learned that the monarchy was thrown into “chaos” after the news swept through the halls of the palace. A source squealed that Harry had kept the book a secret from his estranged father Prince Charles, who was “surprised” after the announcement was made.