Cuomo's controversial book American Crisis: Leadership Lessons from the COVID-19 Pandemic, was released in October
Governor Andrew Cuomo received a $5million advance for his COVID-19 book last year and donated $500,000 of the proceeds to charity, leaving the rest for his three daughters who he said worked 'tirelessly' through the pandemic.
Cuomo's controversial book American Crisis: Leadership Lessons from the COVID-19 Pandemic, was released in October, just before New York's COVID-19 numbers spiked again and Cuomo sent the state back into lockdown.
He refused to say at the time how much of an advance he'd been given but on Monday, his office confirmed it after he filed his taxes.
In 2020, he was paid $3.12million for it. He'll get another $2million in the next two years. Last year, after taxes, he got a net payment of $1.5million. Cuomo gave a third of that money to charity and left two thirds for his three daughters, giving them around $300,000 each.
Michaela, 23, and 26-year-old twins Cara and Mariah. He says it's because they worked for him in the pandemic, producing 'tireless and effective work for all New Yorkers'.
The daughters moved in with their father at the Albany mansion last year. They took turns appearing at press conferences and joined him one day on the NYSE to ring the opening bell. Mariah also helped with the state's 'mask up' campaign.
The book is available on Amazon for $6.82 but when dividing what he was paid by how many have actually sold, it puts the price at $100 per copy.
Cuomo is being investigated by the New York Attorney General's office who wants to know if he used state money to put the book together.
'The contract calls for payment of $3,120,000 in the last taxable year and an additional $2million over the following 2 years. Net income from the $3,120,000 less expenses and taxes is $1,537,508.
'From that net income, the Governor donated a third to the United Way of New York State for state-wide COVID-relief and vaccination effort and is giving the remainder in a trust for his three daughters equally who worked with the Governor during this pandemic and did what he calls 'tireless and effective work for all New Yorkers' and have him the 'strength and love to make it through the crisis every day'.
Cuomo's first book was also a flop. He was paid $783,000 by Harper Collins but only 3,200 copies of it sold.