Biden memoir sells in $10M range

The publisher of former President Biden's forthcoming memoir reportedly paid around a $10 million advance for the book.

Hachette Book Group paid the roughly $10 million figure to Biden for the book to be published by its Little, Brown & Co., The Wall Street Journal reported Wednesday.

Neither the publisher nor Creative Artists Agency (CAA), which represents Biden, returned ITK's requests for comment.

Other presidential memoirs have also meant big pay days for former first families. 

In 2017, a bidding war for the global rights to two books from former President Obama and Michelle Obama reportedly topped $60 million.

Former President Clinton received a $15 million advance for his 2004 autobiography "My Life," according to multiple reports. 

Biden said earlier this month that he had been "working like hell" to write a memoir documenting his presidency. 

The 82-year-old former president, who announced he was diagnosed with an aggressive form of prostate cancer, said as he was leaving office in January, "I'm not going to be out of sight or out of mind."