Barack and Michelle Obama Reportedly Getting a Record-Setting $60 Million for Their Memoirs

BY: Denver Sean

Published 8 years ago

According to a report from the Financial Times, bidding for the rights to books written by Barack and Michelle Obama has skyrocketed to more than $60 million.

via Business Insider:

Penguin Random House, which has published three other books by Barack Obama, is leading the bidding war so far, according to the report published on Tuesday. HarperCollins, Simon & Schuster, and Macmillan are also competing.

The lofty price tag will shatter the record for presidential memoirs, the Financial Times reported.

The rights to books written by Bill Clinton and George W. Bush sold for $15 million and $10 million, respectively.

The Obamas are writing their books separately, but selling the rights jointly, according to the report.

They deserve it.

Share This Post

Barack and Michelle Obama Reportedly Getting a Record-Setting $60 Million for Their Memoirs

LATEST UPDATES

Halle Berry’s Custody Battle With Ex Olivier Martinez Takes New Turn as Actress Accuses Him of Conspiring With Longtime Nanny to Issue ‘False Reports’

Angelina Jolie Opens Up About Being an ‘Uncomfortable’ Workaholic Who Can’t Relax — After Her ‘Boyfriend’ Akala Shuts Down Romance Rumors

Tiffany Haddish Jokes About DUI at Same Event She Was Arrested After Last Year

Chlöe Bailey Denies Claim She’s Shooting Her Shot at Kendrick Lamar After Revealing Childhood Crush

Alabama A&M Football Player Medrick Burnett Jr., 20, Dies Over a Month After In-Game Injury

Ellen DeGeneres’s UK Mansion ‘Floods’ Just Weeks After She Fled the US ‘Due to Donald Trump’s Presidential Win’

Wendy Williams Lawsuit: Guardian Reportedly Accused of ‘Isolating’ Tormented Star and ‘Failing to Protect Her’

Sean ‘Diddy’ Combs’ Son King Shares Luxury Feast After Jailed Dad’s Thanksgiving Prison Menu Revealed

Accused Of Dangling A Woman Off 17th Floor Balcony, Sean “Diddy” Combs Hit With $10M LA Sexual Battery Suit

Drake Announces 2025 Australia and New Zealand Dates for The Anita Max Win Tour