Pete Hegseth's Wealth: A Breakdown
Pete Hegseth's Net Worth Revealed - Insight into the Accumulation of Wealth by the U.S. Secretary of Defense
Here's a lowdown on how Defense Secretary Pete Hegseth amassed his whopping net worth of around $3 million.
Fox News Gig
Before becoming part of President Trump's crew, Hegseth was a regular face on Fox News as a co-host for "Fox & Friends Weekend." According to his latest financial disclosure, he pocketed a whopping $4.6 million in salary for the years 2023 and 2024 as a Fox News host.
Talking Big Bucks: Speaking Engagements and Book Royalties
Hegseth is no stranger to the speaking circuit. He's cashed in at least $900,000 from a total of 41 speeches, as listed in his financial disclosure [1]. His speaking fees range anywhere from $10,000 to $20,000 and can even go up to a mind-boggling $150,000 per event!
On the publishing front, Hegseth strikes gold. He notched $348,000 as an advance for his book "The War on Warriors," and another $150,000 for "Battle for the American Mind." Adding the royalties for each book (worth between $100,000 and $1 million), his estimated book earnings clock in at a cool $500,000 to $2 million [1].
Real Estate and Other Assets
Hegseth's property portfolio includes a rental house in Baltimore, MD, which has put $1 million in his pocket. He and his wife also own an estate in Goodlettsville, TN, valued at around $3.2 million with a monthly mortgage amounting to approximately $19,000. Last but not least, Hegseth has stashed away a sketchy sum between $15,000 and $50,000 in bitcoin [1].
So, there you have it! The secret to Defense Secretary Pete Hegseth's door-busting wealth: television gigs, speaking fees, book deals, real estate, and crypto investments.
- Insider sources reveal the details of Hegseth's finances. 📝💼 🔗Forbes
💡Pro Tip: Don't shell out a fortune to create a financial plan tailored to your unique goals. Learn more here 📚💡 Paid non-client promotion.
- Pete Hegseth's diverse business interests extend to the technology sector, with an undisclosed amount listed in his financial disclosure for cryptocurrency investments, particularly in bitcoin.
- Hegseth's financial portfolio is also associated with the finance and business world, as evidenced by his participation in initial coin offerings (ICOs); however, the specific amounts involved remain undisclosed.
- A closer look at Hegseth's financial dealings suggests that he has expertly leveraged various avenues, such as television work, speaking engagements, book royalties, real estate, and even initial coin offerings (ICOs) and bitcoin investments, to boost his net worth and maintain his high profile in the realm of finance and technology.
