Former German Chancellor Angela Merkel’s memoir, Freedom, will earn her millions, adding to her pension of around 15,000 euros. The book, which is published simultaneously in 31 countries, including Russia and China, is sold in Germany for 42 euros per copy.
BILD reports this.
According to the publication, Merkel and her co-author, her office chief Beate Bauman, received an advance to work on the memoir of “a double-digit sum in the millions.”
Experts consider this payment to be quite justified, since the book has already established itself as a global bestseller, and large parties, including political organizations and foundations, traditionally buy this type of book in large quantities.
The expected advance for the publication rights of the book in German is between 1.5 and 1.8 million euros, a figure clearly higher than that of Helmut Kohl’s memoirs.
However, despite the great interest, Merkel falls short of international figures such as Barack and Michelle Obama, who signed a €60 million contract for her memoirs.
Merkel and Bauman avoided the additional costs of a literary agent by signing an agreement directly with the publisher Kiepenheuer & Witsch.
The former chancellor held her first autograph session today, November 27, after which she plans to tour Germany, starting in Stralsund.
Recall that “Cursor” wrote that former German Chancellor Angela Merkel in her memoirs revealed details of why Trump treated Putin so well. He wrote memoirs in which he shared his opinion on the reasons that led Europe into a large-scale military conflict.
“Cursor” also reported that former German Chancellor Angela Merkel received the Nansen Prize, which is awarded by the United Nations Refugee Agency. It should be noted that Merkel received the award for “leadership, courage and compassion” demonstrated on the issue of accepting refugees. Thus, in 2015 and 2016, in the midst of the migration crisis caused by the war in Syria, under Merkel’s leadership, Germany accepted more than 1.2 million refugees. It also highlights the former chancellor’s efforts to find “viable long-term solutions” for those “seeking security.”