Politics

Report: Barack Obama Could Get A $20 Million Advance For His Memoir

Photo: Getty Images

Kaitlan Collins Contributor
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A new report claims that Barack Obama could get up to $20 million in advance for his memoir.

(Photo: J. Scott Applewhite - Pool/Getty Images)

(Photo: J. Scott Applewhite – Pool/Getty Images)

“There is no doubt” that the former president’s memoir “will go for more than any president’s has ever gone” before, publishing industry experts told the Hollywood Reporter Thursday.

“There is broader fascination with Obama, from conservatives who really hate him as well as liberals who deeply admire what he did,” Princeton University presidential historian Julian Zelizer said. (RELATED: Crowd Chants ‘Four More Years’ As Obama Takes The Stage For Farewell Address)

(Photo: Reuters)

(Photo: Reuters)

Bill Clinton got a a record-setting $15 million for his book “My Life” once he left office, and George W. Bush received $7 million in 2010 for “Decision Points.”

In December, Obama told David Axelrod that writing a book was one of his first priorities once he left office. (RELATED: Barack Obama Needs Time To Think About Himself Once He’s Out Of Office)