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Biden Suffers Humiliating Blow With Paltry Advance for His Memoirs
pjmedia.com
While a $10 million advance might sound impressive at first glance, it’s actually a paltry payday compared to what other presidents have commanded for their memoirs. In 2017, Penguin Random House shelled out a jaw-dropping $60 million for the combined book rights for Barack and Michelle Obama. Bill Clinton landed $15 million for his 2004 memoir “My Life,” and George W. Bush secured a $10 million deal for “Decision Points” in 2010, a figure that would be worth roughly $15 million today when adjusted for inflation.
By comparison, Biden’s $10 million haul in 2025 dollars doesn’t just fall short; it pales in real value next to Bush’s deal from fifteen years ago.
According to a report from the Daily Mail, the Bidens are likely not happy with the advance due to how much it lags behind those of their predecessors.
QUOTE: Joe Biden has suffered a humiliating blow after shopping his post-presidential memoir to publishers and securing an advance far less than his predecessors.
The former president, 82, sold his presidential memoir to Hachette Book Group for around $10million, The Wall Street Journal reported on Wednesday.
The monetary figure is likely to be disappointing for the Bidens, given Barack and Michelle Obama inked a deal worth an estimated $65million for their memoirs.
Biden Suffers Humiliating Blow With Paltry Advance for His Memoirs
Biden's memoir advance disappoints compared to predecessors like Obama and Clinton.
pjmedia.com
While a $10 million advance might sound impressive at first glance, it’s actually a paltry payday compared to what other presidents have commanded for their memoirs. In 2017, Penguin Random House shelled out a jaw-dropping $60 million for the combined book rights for Barack and Michelle Obama. Bill Clinton landed $15 million for his 2004 memoir “My Life,” and George W. Bush secured a $10 million deal for “Decision Points” in 2010, a figure that would be worth roughly $15 million today when adjusted for inflation.
By comparison, Biden’s $10 million haul in 2025 dollars doesn’t just fall short; it pales in real value next to Bush’s deal from fifteen years ago.
According to a report from the Daily Mail, the Bidens are likely not happy with the advance due to how much it lags behind those of their predecessors.
QUOTE: Joe Biden has suffered a humiliating blow after shopping his post-presidential memoir to publishers and securing an advance far less than his predecessors.
The former president, 82, sold his presidential memoir to Hachette Book Group for around $10million, The Wall Street Journal reported on Wednesday.
The monetary figure is likely to be disappointing for the Bidens, given Barack and Michelle Obama inked a deal worth an estimated $65million for their memoirs.
