BALANCING THE BOOKS

Biden’s Memoir Worth Millions Less Than Obama and Clinton’s

Don’t feel too bad for Joe Biden who will still pocket a $7 million advance for his book.

Joe Biden’s attempts to shop his post-presidential memoirs have suffered a humiliating blow as he is reported to have secured an advance below that of his predecessors. The former president, 82, is believed to have inked a deal worth around $10 million for his memoirs, The Wall Street Journal reported on Wednesday, which while far from insignificant is a fraction compared to the $60 million advance the Obamas received for their memoirs upon leaving the White House, and a big step below the $15 million that Bill Clinton earned from his book rights in 2004. Biden’s advance is roughly on par with that of George W. Bush, who signed a $7 million deal in 2009 which equates to a similar fee when adjusted to inflation. Biden said earlier this month he had been “working like hell” to get his memoirs ready, but privately publishers believe former first lady Jill Biden’s autobiography to be a more lucrative prospect. “She could write a very explosive book if she wanted to,” an ex-White House aide told the Daily Mail, with reports suggesting she could ink a solo deal with $15 million if she was willing to pen a scathing takedown of the Democratic elites who convinced her husband to drop out of the race in 2024.