Pete Hegseth's net worth is estimated at $20-30 million.
Overview
Peth Hegsethh's net worth stats
| Net worth: | $20-30 million |
|---|---|
| Source of wealth: | TV presenter and author |
| Date of birth: | June 6, 1980 |
| Place of birth: | Forest Lake, Minnesota |
How did Pete Hegseth build his net worth?
Pete Hegseth is an American TV personality, author, and activist with an estimated net worth of $20-30 million. Not born with a silver spoon in his mouth, Hegseth built up his wealth slowly.
This Princeton and Harvard alumnus landed his first job at Wall Street's Bear Stearns, earning $85,000 per annum as an equity capital markets analyst. He was called up for active duty, served as a platoon leader at the infamous Guantanamo Bay, and then headed out to Iraq for a two-year stint.
During his final commission as a first lieutenant, his pay ranged from $46k to $65k.
After leaving active service in 2012, he continued as a reservist, and even though he holds the title of major, he did not receive a penny. This is not the stuff that wealth is made of, but it makes an interesting backdrop to how he made his millions.
From 2007 to 2012, Pete headed up an organization called "Vets for Freedom," which started with no cash, no members, and no staff; Hegseth deftly turned this around.
By the time he left, he had been instrumental in recruiting 95,000 members, was in charge of a $9 million budget, and employed a dozen staff.
This armed him for his next assignment as CEO of Concerned Veterans of America, where it was estimated that he was pulling down $200,000 per annum. Now he was seriously on the road to millionaire status.
This war veteran joined the ranks of Fox News in 2014, and his cheery face is prominent in the "Kelly File," "Outnumbered," "America's Newsroom," "Happening Now," "Friday Night Live," and he regularly appears on "Fox and Friends."
Hegseth is paid handsomely for his contributions and expertise. It is reported that, for example, in 2022 he earned $6 million per year.
The TV personality has authored several books which have earned him healthy advances and royalties.
How has Pete Hegseth spent his wealth?
We found no reliable information on how Pete Hegseth spends his wealth.
FAQs
How rich is Pete Hegseth?
It's estimated that Pete Hegseth is worth between $20-30 million thanks to his career at Fox News.
Is Pete Hegseth a millionaire?
Yes. Peth Hegseth is most certainly a millionaire. In fact, he reportedly earns millions of dollars each year at Fox News.
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