How to get rich...
2004-01-30 09:06
New York - Donald Trump, the real estate titan and star of the TV reality show The Apprentice, is coming out with a new book.
Random House will publish How to Get Rich in April, coinciding with the show's live season finale.
And how much is he getting paid for the book?
A source close to the negotiations said Trump was receiving "a lot more than a million dollars." Trump himself said on Thursday his deal is "the equivalent of getting half a floor at 40 Wall Street".
"Everybody wanted to do it, so it was easy to make a deal," said Trump, who handled his own negotiations. Author of the million-selling The Art of the Deal, Trump said his new book was "85%" done and that the contract was more notable for the royalties than for the advance.
"I believe in being paid on the back end and getting a lot if it sells a lot," he said. "I believe in compensation for success, not just gauging some company up front."
In The Apprentice, which debuted earlier this month, would-be moguls vie for Trump's favour and "the dream job of a lifetime" as his yearlong protege.
On the net:
www.nbc.com/
- AP