Prince Harry Paid This Staggering Amount Upfront For Memoir: Report

Prince Harry is publishing a memoir next year that he calls "wholly truthful."

The Duke of Sussex confirmed the news Monday, saying he is excited to share a "firsthand account" of his life with the public.

"I’m writing this not as the prince I was born but as the man I have become," Prince Harry wrote in a statement obtained by Us Weekly. "I’ve worn many hats over the years, both literally and figuratively, and my hope is that in telling my story — the highs and lows, the mistakes, the lessons learned — I can help show that no matter where we come from, we have more in common than we think."

He continued, "I’m deeply grateful for the opportunity to share what I’ve learned over the course of my life so far and excited for people to read a firsthand account of my life that’s accurate and wholly truthful.”

Prince Harry's as-yet-untitled book will be released globally via Penguin Random House in 2022. He plans to donate proceeds from his memoir to charity, the publisher said.

While the royal has not revealed how much his book deal is worth, Page Six reported, citing unnamed publishing insiders, that Prince Harry has received at least $20 million upfront from Penguin Random House for his memoirs.

The same publisher signed a $65 million book deal with President Barack Obama and former first lady Michelle Obama for their memoirs "A Promised Land" and "Becoming" respectively, the report said.

According to the outlet, Prince Harry has been secretly writing his memoir for nearly a year, with J.R. Moehringer allegedly serving as co-writer.

Meanwhile, Penguin Random House CEO Markus Dohle said in a statement obtained by Us Weekly that they are "thrilled to publish Prince Harry’s literary memoir and have him join the world-renowned leaders, icons, and change-makers we have been privileged to publish over the years."

"Prince Harry has harnessed his extraordinary life experience as a prince, a soldier, and a knowledgeable advocate for social issues, establishing himself as a global leader recognized for his courage and openness. It is for that reason we’re excited to publish his honest and moving story," he continued.

The upcoming memoir will cover his childhood to adolescence, his career in the army and his life as a husband to Meghan Markle and father of Archie, 2, and Lili, 1 month, according to the publisher’s description.

The book also promises "an honest and captivating personal portrait, one that shows readers that behind everything they think they know lies an inspiring, courageous and uplifting human story," the description added.