Royal Family

Revealed: How Much Prince Harry Earned From “Spare” After Receiving $20 Million Advance

When Prince Harry‘s memoir dropped over a year ago, it broke records and established new highs. Even though celebrities have been penning memoirs since forever, Harry’s was the first to achieve over 3 million in global sales in just a week.

With a $20 million advance payment, you wouldn’t expect anything less would you? Well, let’s just say Harry delivered, and he earned some extra percentages due to the book selling massively.

Prince Harry Reportedly Earned This Much From Paperbacks And Audiobooks

I know you’re wondering, is $20 million all Prince Harry earned from his bestselling memoir? While the number is quite impressive (come on, 20 mil), Harry did earn some extra from the book’s hardcover sales.

On the latest episode of his podcast “The Rest Is Entertainment,” bestselling author Richard Osman delved deep into the numbers that “Spare” moved and what that means for its author.

“I’ve done some back-of-the-envelope calculations because I like to. I know what you get paid per book. [He] got a $20 million advance,” Osman said of Harry’s book, which us already one of the fastest selling nonfiction books of all time.

Apart from the advance, Osman predicted that Harry would have earned a pretty $6 or $7 million based on the sales of the book’s hardback alone.

Now of course, he also made money via “audiobooks and rights to other things.” Since the Prince received a massive advance, the writer of “The Thursday Murder Club” reasoned that most of the sales money would go to the publishing company.

Some have claimed that Harry’s book was not that successful as a result of it selling at discounted prices. However, Osman believes it does not affect the Prince’s royalty (this feels weird just saying it).

“Harry is not making less money if it’s half-price. He makes exactly the same if you charge $28 and if you charge $14,” the crime novelist claimed, per the Daily Mail.
“Also, he sells a lot in America.”

Osman continued, “In America, the royalties are absolutely insane because they pay a lot of money for books in America. So he has made a huge amount of money out of that book. So he’s got money coming in.”

Be sure to catch up on everything happening with The Royal Family right now. Come back here often for all The Royal Family spoilers, news, and updates.

Editorial credit: ComposedPix / Shutterstock.com

Nmesoma Okechukwu

Nmesoma Okechukwu is an avid reader/writer who loves good music in all its different forms and wonders. Due to her love and concern about nature, she has written for magazines that address the issue of climate change. She is also working on music and is looking forward to releasing all the songs she can’t help but write. Her debut book is titled Cybernetics Within Us.

Share
Published by
Nmesoma Okechukwu

Recent Posts

GH Spoilers Thursday, September 12: Unexpected Surprises, Confrontational Visits, New Missions!

General Hospital (GH) spoilers and updates for Thursday, September 12 tease unexpected surprises, confrontational visits,…

8 hours ago

GH Spoilers: Holly Is Back, And Robert And Diane Are Still Lackluster

General Hospital (GH) spoilers gush Holly Sutton (Emma Samms) is headed back to our screens…

11 hours ago

Y&R Spoilers: Fall Preview 2024 – Phyllis’ Anniversary, Sharon’s Dark Turn, Abby’s Wedding Obstacle

The Young and the Restless(Y&R) spoilers reveal that the fall preview for 2024 is here!…

12 hours ago

1000-Lb Sisters Season 6 Trailer, Premiere Date And Spoilers

1000-Lb Sisters Season 6 will, premiere soon, and spoilers are already coming out. Leaked footage…

13 hours ago

B&B Spoilers: Katie’s Heartache As Bill And Li Grow Closer – Is Poppy’s Sister The New Love Interest?

The Bold and The Beautiful (B&B) spoilers and updates reveal Will Spencer (Crew Morrow) recognizes…

13 hours ago

‘Sister Wives’ Fans Seem Convinced Meri Brown Is Using Ozempic

Unlike Christine and Janelle Brown, Sister Wives star Meri Brown doesn't push the pink drink…

14 hours ago