facebook
twitter
search
search

Ted Kennedy given big advance for memoirs

June 12, 2009 at 7:57 PM
1 of 2
| License Photo

WASHINGTON, June 12 (UPI) -- A publisher paid U.S. Sen. Ted Kennedy, D-Mass., an advance of almost $2 million for his memoirs, his financial disclosure reports indicate.

The reports also show Kennedy's net worth dropped sharply in the past year with the steep decline in the stock market, Politico reported Friday.

His reported income included $1.995 million from Grand Central Publishing, a division of Hachette Book Group (USA). The autobiographical work does not yet have a title.

Kennedy also reported a gift from Jamie Wyeth, the artist son of painter Andrew Wyeth. Jamie Wyeth gave the senator one of his father's works after Andrew Wyeth's death last year.

On his disclosure form, Kennedy said the Senate Ethics Committee signed off on the painting.

Kennedy, who has been in the Senate since 1962, was diagnosed last year with an inoperable brain tumor.

Like Us on Facebook for more stories from UPI.com  
Topics: Andrew Wyeth
Latest Headlines
Top Stories
North Korea blasts arrival of U.S. submarine in South Korean port
Putin reassures PM Alexis Tsipras after 'no' referendum vote in Greece
South Korea rescues 5 North Korean sailors
U.S. lottery lowers portion of cash allocated to jackpot prize
F-16, Cessna planes collide midair in South Carolina, killing two