Latest news with #WheretheLightEnters
Washington Post
24-07-2025
- Business
- Washington Post
Former president Joe Biden to publish a White House memoir
Hachette Book Group will publish a memoir by former president Joe Biden, the Wall Street Journal reported Thursday. The memoir, which does not have a publication date, will focus on his time in the White House. The Journal reported that Biden received an advance in the range of $10 million. 'Every president is expected to write a memoir,' Biden said earlier this month, at an event for the Society for Human Resource Management. 'I'm not going to criticize them, this is an observation — most take between three and six years to get it done.' He added that his publisher wanted the manuscript 'by March of this year.' Biden's previous memoir, 'Promise Me, Dad,' exploring his family's struggle with his son Beau's battle with cancer, was published in 2017 and became a bestseller. According to the tax filings Biden released during his 2020 presidential campaign, he and his wife, Jill Biden, earned $10 million in income from the memoir, along with $3 million from her 2019 book, 'Where the Light Enters.' In his review for The Washington Post, Tom Brokaw described 'Promise Me, Dad' as a 'poignant, instructive and deeply affecting account of a family's struggle against a vicious brain cancer, played out against the demands of his job as vice president and the temptations of another run for the presidency. It is also a touching account of the cruel realities of cancer, especially cancer that strikes your child.' 'After the Trump gold rush for the book industry of the last few years, the Biden era has, so far, been a bust,' Politico reported in 2023. Books on various aspects of Biden's life and career, including his relationship with Barack Obama and his first few years as president, had each, the article noted, sold only a few thousand copies — or less. Donald Trump has not yet written a memoir about his time as president, though he has published photo books, including, in 2024, 'Save America.' Former president Barack Obama and former first lady Michelle Obama signed a joint book deal with Penguin Random House in 2017 reported to be worth $65 million. In 2001, when former president Bill Clinton sold his memoir rights for $10 million, it was believed to be the largest-ever amount for a nonfiction book.
Hindustan Times
21-05-2025
- Business
- Hindustan Times
What is cancer-stricken Joe Biden's net worth? A journey from ‘Middle-Class Joe' to millionaire
Joe Biden, the former President of the United States, is still an important person in American politics. But people are also interested in his personal money matters—especially after his recent health news and what he's been doing since leaving office. For many years, Biden called himself 'Middle-Class Joe' because he didn't have as much money as many other people in the US Senate. He mostly lived on his government salary and the value of his home. But things changed after he finished his time as Vice President in 2017. Like many former leaders, he started making more money from book deals, giving speeches, and working with universities. Between 2017 and 2019, Joe and his wife, Dr Jill Biden, made several million dollars from their books and speaking events. Joe wrote 'Promise Me', 'Dad', and Jill wrote 'Where the Light Enters'. Both books sold well. Also Read: Joe Biden shares smiling selfie with Jill and their cat in first post since cancer diagnosis A big part of the Bidens' money comes from their homes. They own two houses in Delaware—one in Wilmington where they live most of the time, and a beach house in Rehoboth Beach that they bought in 2017. The beach house's value has gone up since then. These two properties make up a large part of their wealth, along with their savings, investments, and retirement money. • Jill Biden's job as a teacher at a college in Northern Virginia • Money made from selling their books • Payments for speeches and events • Government pensions from Joe's time as a senator, vice president, and president Joe also gets a special pension for being a former president. This gives him a steady income, along with office space and security. Even though he used to say he wasn't rich, he now has financial stability like other former top officials who earn money after leaving office. With their homes, book money, pensions, and special appearances, Joe Biden's estimated wealth in 2025 is between $9 million and $10 million.
