For the past year, Prince Harry, Duke of Sussex, has been working on a memoir, which he has apparently sold to Penguin Random House.

An insider told Radar Online, "This book is going to make the Oprah interview look like the tip of the iceberg."

Radar Online said Prince Harry was paid $15 million in advance for his planned memoir, while Page Six stated he could be paid up to $20 million.

"Harry is not getting a $15 million advance just because of who he is, he is getting it because he is going to tell everything," sources told Radar.

But what will he do with such a large sum of money?

The father of two intends to donate it to charity, according to reports.

J.R. Moehringer, the royal renegade's co-writer and ghostwriter, was also paid at least $1 million in advance, according to Page Six.

Meanwhile, there is a rumor circulating around Buckingham Palace that they have all been duped by the Duke of Sussex, who has been working on his book behind their backs for the past year.

A palace source asked, "Has he been taking notes and writing down stories for months or years without saying a word to them?"

 

 

The publisher, Penguin Random House, is apparently not going to discuss the figures, although publishing sources say there is some anxiety about the astronomical price tag.

Sources claimed a royal book like this has never existed before. According to the source, there is no prototype or sales data on which to determine the book's value.

Another source revealed that Prince Harry and his wife, Meghan Markle, are overexposed to the point where people may not want to spend $20 to read his tale.

"What is sure is Harry won't be doing any more major interviews until he starts promoting the book. They have got to stop Harry from giving himself away for free now they want people to pay for it," sources explained.

"The expectations are that the book will be a huge hit; however, it could also be a $15 million mistake," they added.

Meanwhile, Prince Harry's new memoir has come as a shock to the royal family, as he failed to reveal or inform anyone about his current effort, perhaps fueling an even deeper schism between them.

"I think this is more about Harry's feelings which you can kind of get into at greater length in book form," Sam Rubin told  The Today Show.

"Apparently, this is causing a bit of a royal rift because he didn't tell anybody," Rubin added.

Prince Harry Meghan Markle Britain's Prince Harry, Duke of Sussex (R) and Meghan, Duchess of Sussex arrive to attend the Endeavour Fund Awards at Mansion House in London on March 5, 2020. - The Endeavour Fund helps servicemen and women have the opportunity to rediscover their self-belief and fighting spirit through physical challenges. Photo by Daniel Leal-Olivas/AFP via Getty Images