Barack and Michelle Obama concluded an agreement on writing memoirs. Publishing office Penguin Random House will release books created by the former President of the United States of America and his wife. The rights to publish memoirs will cost the publishing house $ 65 million.

To be able to print the books of the Obama couple, many publishers fought in earnest.

Publisher Penguin Random House has previously released three books written by Barack Obama. Michelle also does not lag behind her husband. The former first lady has written a book about gardening and cooking.

American Presidents’ fees

The sum that will be paid to Barack Obama, is considered to be a record. The fees of other former Presidents are much more modest. For example, Bill Clinton has received a total of $ 15 million for his memoirs, and George Bush — $ 10 million.