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Prince Harry’s forthcoming memoir got him a rumored $20 million advance from Penguin Random House

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From PageSix: Prince Harry nabs $20M from Penguin Random House for memoir…

Prince Harry is getting at least $20 million upfront to publish his memoirs — with the very same über-publisher that gave Barack and Michelle Obama a $65 million book deal.

Harry has been secretly writing a memoir for nearly a year and has now sold it to Penguin Random House.

While the renegade royal said Monday he will be donating all the proceeds to charity, it’s yet to be made clear whether he will keep the multimillion advance — believed to be at least $20 million, according to publishing insiders.

Meanwhile, Harry’s co-writer, power ghostwriter J.R. Moehringer, is getting at least $1 million as an advance.

See full post on PageSix

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