Michelle Obama’s Becoming memoir sells 10m copies
Former first lady Michelle Obama's memoir has sold 10m copies after just five months on shop shelves, helping push revenues at her publisher to its highest in more than a decade.
Read more: Uber cars stock children's books in drive to boost bedtime reading
German media giant Bertelsmann has a 75 per cent stake in Penguin Random House, which published bestseller Becoming after acquiring the book in a £48m deal that includes rights to former President Barack Obama's next book.
“We believe this could become the most successful memoir ever,” Bertelsmann chief executive Thomas Rabe told Bloomberg.
The book sales lifted Bertelsmann's total revenue to $20bn (£15.1bn), its highest since 2007.
Obama's memoir, which focuses on her journey from Chicago's south side to the White House, covers her and Barack's difficulties conceiving and her thoughts on current US President Donald Trump.
Read more: Secret Service intercepts suspicious packages sent to Obama and Clinton
Chief executive Markus Dohle told media that Michelle Obama's memoir could become a “modern classic”, selling well every year.
Dohle said he hopes that Barack Obama's memoir will be published this year.