Former President Joe Biden has entered into significantly fewer memoir contracts than previous presidents, according to a report from The Wall Street Journal.
Biden has reportedly received an advance of approximately $10 million from Hachette Book Group for his forthcoming memoirs. This figure is considerably lower than the amounts secured by many of his predecessors, including first ladies who have documented their time in the spotlight.
For instance, former President Barack Obama and First Lady Michelle Obama signed a joint book deal in 2017 worth around $60 million. Additionally, former President Bill Clinton received $15 million for his autobiography, “My Life,” which, when adjusted for inflation, surpasses $26 million.
Hachette Book Group has not commented on this matter.
Biden’s memoir is expected to cover significant aspects of his life and political journey, particularly reflecting on the loss of his eldest son to brain cancer in 2015. He mentioned in July that he is working diligently on this project and conducting “extensive research.” The forthcoming memoirs will primarily focus on his four years as president.
The release date for Biden’s memoir has yet to be revealed.
In May, it was reported that he was diagnosed with an aggressive form of prostate cancer that had spread to his bones. It was noted that the cancer typically takes several years to advance to such a stage, with the condition being known publicly only after Biden had already taken office.
Concerns about Biden’s mental acuity have led to investigations, particularly relating to suggestions that Democrats have been trying to downplay these issues. Investigations by the House Oversight Committee have called into question the transparency of Biden’s mental state, with several close advisors refusing to cooperate with inquiries.
Reports about Biden’s cognitive decline have surfaced, and while some Democrats have dismissed these concerns, others have suggested he should consider stepping down. During the latter part of his presidency, Biden executed numerous pardons, many of which were not personally approved by him; instead, these were signed using an Autopen. The only exception was a pardon for his son, Hunter, which he signed himself.
