How much will Andrew Cuomo’s net worth boost with his book deal?
New York Governor Andrew Cuomo had reportedly locked in on a major advance for his new book which was released last fall, estimated at just around seven-figures. Of course, publishers love to capitalize on their celebrity-like political figures, so it’s no surprise that Cuomo, who has been in the headlines for over a year now for multiple reasons, was able to land a stellar book deal of his own. But how will it affect his net worth?
The new book revolves around the celebrated response of Andrew Cuomo’s handling of the COVID-19 pandemic, which saw for many months New York City as the U.S. epicenter of the virus. The deal was initiated by Crown Publishing Group, a subsidiary of Penguin Random House.
Today, fans if any of Andrew Cuomo can pick up his new book, American Crisis, as it’s available on shelves now. However, after all the controversies surrounding Andrew Cuomo, including accusations of inappropriate sexual behavior as well as falsely reporting nursing home deaths, how sure are we that this new book will actually improve his overall net worth?
American Crisis: Leadership Lessons from the COVID-19 Pandemic
Andrew Cuomo, whose popularity skyrocketed during the start of the global pandemic last March, was able to land a major book deal worth seven-figures not long ago, as publishers negotiated a deal with Cuomo in a move that can only be compared to “striking while the iron is hot”.
By industry standards, a deal worth that much is a bit lucrative, surely boosting Andrew Cuomo’s net worth to new heights in the process.
However, reports of Cuomo’s book, which debuted on October 13th, 2020, and its sales have reportedly tanked amid mounting allegations of inappropriate sexual behavior. A BookScan rep confirmed with the New York Post that “the title’s sales have dropped in the last five weeks, and for context, this is not reflective of a larger market trend.”
Allegations against Andrew Cuomo
Last week, a third woman came forward accusing New York Governor Andrew Cuomo of unwanted advancements and sexual assault. She claimed that, during a 2019 wedding, Cuomo rubbed her back, touched her face, and even asked to kiss her.
The other two accusations made a few weeks back range from asking employees about their “sex life” to soliciting a former aide to play a round of “strip poker”.
While Cuomo himself has minimized the claims via his Twitter account, other lawmakers, as well as advocacy groups, are calling for a full investigation into these accusations, with many even calling for the Governor to resign from his position. This is all added on top of the COVID-19 related controversies surrounding the governor, who allegedly lied about the number of nursing home deaths related to the virus.
Chris Cuomo’s net worth
So, just how much money does New York Governor Andrew Cuomo actually have? Celebrity Net Worth reports that Andrew Cuomo has a current net worth of $5 million.
As the Governor of New York, Andrew Cuomo makes an average annual income of $200,000, which means that he must rely on other avenues in order to get to that impressive seven-figure number.
But can a book deal really bring in this much scratch? As it turns out, Andrew Cuomo did make over a million dollars between 2004-2005 while he worked as a real estate advisor to tycoon Andrew Farkas. As well, a 2015 disclosure shows that he made an additional $650,000 in book royalties from his previous projects.
What are your thoughts on Andrew Cuomo and his ridiculous net worth? Will you be checking out his new book regarding how he handled the COVID-19 pandemic in New York? How much longer do you think he’ll stay governor after all these accusations? Comment below and let us know your thoughts.