Pippa Middleton, sister to Kate, party planner – and most recently, lucky recipient of a reported £400,000 book deal from Penguin's commercial imprint, Michael Joseph.

The title? How to Be the Perfect Party Hostess. "It will be about entertaining and how to throw the perfect party. It's not just about being the perfect hostess – it will also include recipes and information about how to host different types of events," the ubiquitous "friend" told the Daily Mail. "Pippa has been sketching out the chapters and has decided to start each one with an amusing anecdote."

Her qualifications? She's "a professional party planner for London-based events company Table Talk", and she "is also a talented writer and editsThe Party Times, an online newsletter on her parents' Party Pieces website".

No wonder there was a "fierce bidding war by some of Britain's largest publishers" over her very first book.

Let's put that £400,000 in perspective. Julian Assange was reported to have been paid £500,000 by Canongate for his memoir. Two debut novelists landed deals of £500,000 or more this spring. Fourth Estate is believed to have paid more than £500,000 for UK rights in Jeffrey Eugenides's The Marriage Plot and a short story collection. House of Leaves author Mark Z Danielewski scored a reported million-dollar advance last week. But deals of this size are few and far between these days – these signings stand out precisely because such large payouts are so rare.

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