How much does Pete Hegseth make in 2025? As a former Fox News host turned U.S. Secretary of Defense, his finances have seen major shifts.
From earning millions as a TV personality to taking a substantial pay cut in government service, his financial journey is unique. This article breaks down Pete Hegseth net worth, his salary, income sources, investments, and financial outlook.
Pete Hegseth Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Peter Brian Hegseth |
| Popular Name | Pete Hegseth |
| Birth Date | June 6, 1980 |
| Age (as of 03/04/2025) | 44 |
| Birthplace | Minneapolis, Minnesota, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Harvard Kennedy School (2009–2013), Princeton University (1999–2003), Forest Lake Area High School (1999) |
| Marital Status | Married |
| Spouse | Jennifer Rauchet (m. 2019), Samantha Hegseth (m. 2010–2017), Meredith Schwarz (m. 2004–2009) |
| Children | 7 (Including stepchildren) |
| Dating | N/A |
| Siblings | N/A |
| Parents | Penelope Hegseth, Brian Hegseth |
| Height | 1.83 meters |
| Net Worth | $3M – $4M |
| Source of Wealth | Government salary, former TV earnings, book royalties, investments |
What is the Net Worth of Pete Hegseth in 2025?
Pete Hegseth’s estimated net worth in 2025 is between $3 million and $4 million. This is a significant drop from his peak earnings as a Fox News host, where he made approximately $2.4 million per year.
His financial standing now reflects a shift from media and speaking engagements to public service, where he earns $250,600 annually as U.S. Secretary of Defense.
While Hegseth’s wealth is notable, it is modest compared to other public figures with a similar career trajectory. His investments in ETFs, real estate, and Bitcoin contribute to his financial stability.
Related Figures in Politics and Media
- Donald Trump
- Jennifer Rauchet
- Marco Rubio
- JD Vance
- Scott Bessent
- Fox News
- TheStreet
- U.S. Office of Government Ethics
- Harvard Kennedy School
- U.S. Army National Guard
Looking for more insights into the financial lives of the world’s wealthiest public figures? Check out the top-earning celebrities.
Pete Hegseth Wealth, Salary, and Financial Overview
How Much Does He Earn as Secretary of Defense?
After leaving Fox News, Pete Hegseth now earns $250,600 per year as Secretary of Defense. This is about one-tenth of his previous salary at Fox News, where he made $2.4 million annually as a co-host on Fox & Friends Weekend.
Despite this salary reduction, Hegseth’s government role comes with influence and long-term financial stability. Compared to other high-ranking officials, his earnings align with federal pay structures.
What Are His Main Sources of Income?
Pete Hegseth’s wealth comes from multiple income streams, including:
- Government Salary – $250,600 per year as Secretary of Defense
- Past TV Earnings – $2.4M per year at Fox News until 2024
- Book Royalties – Between $100,001 and $1 million from Battle for the American Mind
- Speaking Engagements – $900,000 in 2023-2024
- Investments – ETFs valued between $380,000 and $850,000
- Bitcoin Holdings – Up to $50,000
How Does He Manage His Wealth and Finances?
Hegseth follows a structured financial approach:
- Investments: Primarily in exchange-traded funds (ETFs) and Bitcoin
- Real Estate: Owns a 77-acre property in Goodlettsville, Tennessee, valued at $3.2 million
- Mortgage: Pays $19,000 per month on a $2.5 million remaining balance
- Savings: Maintains between $69,000 and $180,000 in cash reserves
His wife, Jennifer Rauchet, holds $905,000 to $2.3 million in stocks and mutual funds, further strengthening their financial position.
How Does He Spend His Money?
Despite earning millions in the past, Hegseth is not known for extravagant spending. His major expenses include:
- Mortgage Payments: $19,000 per month on Tennessee estate
- Family Support: Provides for his seven children
- Investments: Prioritizes ETFs, mutual funds, and Bitcoin
There are no reports of lavish purchases, indicating a moderate lifestyle compared to other media personalities.
How Have His Finances Changed Over Time?
Hegseth’s financial journey has evolved significantly:
- Military Service (2003-2014) – Modest earnings as a U.S. Army officer
- Fox News (2014-2024) – High-income peak at $2.4M per year
- Government Role (2025-Present) – Lower, stable salary at $250,600
Although his current salary is lower, his long-term government benefits and investment strategy may ensure lasting financial stability.
Conclusion
Pete Hegseth’s financial journey from media personality to government official is remarkable. While his net worth has declined due to a career shift, his investments and assets remain strong.
Interested in more financial insights? Visit aupeo.com for the latest updates on celebrity finances!
