Thanks to his killer vacation, Barack Obama may be the one guy in America who is actually enjoying himself these days (other than Steve Bannon, who is probably having the time of his life in whatever disgusting little hive he’s built for himself underneath Donald Trump’s desk), but the family vacation is eventually going to end, and both Barack Obama and Michelle Obama are going to have something new to do when they get back to their real lives. According to Entertainment Weekly, they’ve both now signed book deals with Penguin Random House, with the publisher reportedly paying about $60 million for the pair of memoirs.
In a statement, Penguin Random House CEO Markus Dohle said that the Obamas “changed the world” with “their words and their leadership,” and the publisher hopes to make both of their books “global publishing events of unprecedented scope and significance.” The statement also notes that the company will donate a million books in the Obama name to a Penguin Random House-backed charity that provides books to children in need, and “a significant portion” of the $60 million that the Obamas are getting will be donated to charity.
This will be Barack Obama’s first book in more than 10 years, following The Audacity Of Hope in 2006 and Dreams From My Father in 1995. Michelle Obama’s book will be her first since 2012’s American Grown, which detailed her experiences with the White House garden and her mission to promote healthy eating habits.