Pete Hegseth is a well-known American political commentator, author, and television personality with a net worth of $19 million. He is famous for appearing on Fox News Channel, where he has been co-host of “Fox & Friends Weekend” since 2014. Hegseth has also been a frequent guest on other Fox News programs, including “The O’Reilly Factor,” “Hannity,” and “The Kelly File.” With his high-profile career and numerous business ventures, many are curious about Pete Hegseth’s net worth. In this article, we will look at his job and wealth in-depth.
Pete Hegseth Net Worth
As of 2023, Pete Hegseth’s net worth is estimated to be around $19 million. This figure includes his earnings from his television career, business ventures, and investments.
Hegseth’s salary from Fox News is $6 million annually. In addition, Hegseth has earned income from various business ventures, including his career in the energy industry.
Early Life and Career
Peter Brian Hegseth was born on June 6, 1980, in Forest Lake, Minnesota. He grew up with five children and attended Forest Lake Area High School. After graduating in 1999, Hegseth enrolled at Princeton University, earning a Bachelor of Arts in Politics in 2003. However, at Princeton, he was an Army Reserve Officer Training Corps (ROTC) member.
After completing his studies, Hegseth was commissioned as a lieutenant in the U.S. Army. He served in the National Guard and Army Reserve for 12 years, extensively deploying to Iraq and Afghanistan. During his deployments, he served as an infantry officer and got awards for two Bronze Stars and a Combat Infantryman Badge.
Source of Income
Pete Hegseth has several sources of income that have contributed to his estimated net worth of $19 million. One of his primary sources of income is his role as a co-host of “Fox & Friends Weekend” on Fox News. However, the exact amount of his salary is $6 million per year.
Hegseth has also earned income from his career as an author. He has published several books, including “In the Arena: Good Citizens, a Great Republic, and How One Speech Can Reinvigorate America” and “American Crusade: Our Fight to Stay Free.” These books have earned him significant royalties and have contributed to his net worth.
Business Ventures and Investments
In addition to his television career, Hegseth has had several business ventures and investments. In 2012, he co-founded the political organization Vets For Freedom, which was dedicated to supporting U.S. military operations in Iraq and Afghanistan. The organization was dissolved in 2011.
Hegseth has also been involved in the energy industry, serving as the CEO of the conservative advocacy group Concerned Veterans for America. He has also been a frequent speaker at traditional conferences and events. He has written op-eds for conservative publications, including National Review, The Weekly Standard, and The Wall Street Journal.
Philanthropy and Political Involvement
Hegseth has had several philanthropic and political causes throughout his career. He has been a vocal supporter of military veterans and has worked to raise awareness of issues affecting the veteran community.
However, Hegseth has had political campaigns supporting conservative candidates and causes. In 2014, he briefly considered running for the U.S. Senate seat in Minnesota but ultimately decided against it. He has also been a vocal supporter of the President.
In addition, Donald Trump and his policies frequently appear on Fox News to defend the President’s actions and criticize his opponents.
Hegseth’s involvement in philanthropy and politics has helped to raise his public profile and cement his status as a conservative icon. However, it has also attracted criticism from some quarters, with some accusing him of being too partisan and lacking journalistic objectivity.
Factors that Contribute to Hegseth’s Net Worth
Several factors contribute to Pete Hegseth’s net worth. These include:
- Television Career: Hegseth’s role as a co-host of “Fox & Friends Weekend” is his primary source of income. His high-profile role on the show has helped to raise his public profile and attract lucrative opportunities.
- Business Ventures: Hegseth’s involvement in various business ventures, including his work in the energy industry, has also contributed to his net worth. These ventures have allowed him to diversify his income and build wealth outside his television career.
- Investments: Like many high-profile individuals, Hegseth has likely made intelligent investments in stocks, real estate, and other assets that have helped to grow his net worth over time.
Controversies and Criticisms
Pete Hegseth has faced his fair share of controversies and criticisms despite his success. Some of the most notable include:
Partisanship: As mentioned earlier, Hegseth got accusations of being too partisan and lacking journalistic objectivity. Some critics have argued that his involvement in conservative causes and campaigns undermines his credibility as a journalist.
Conspiracy Theories: Hegseth has famous for promoting conspiracy theories on his show. That includes the idea that the media is against President Trump and that a “deep state” is working to undermine his presidency.
Divorce: In 2017, Hegseth’s divorce from his wife Meredith Schwarz made headlines. The couple had been married for seven years and had three children together.
Despite these controversies, Hegseth’s career and net worth have grown recently.
Hegseth’s television career began in 2014 when he joined Fox News as a contributor. He quickly became a regular guest on the network, appearing on shows like “The O’Reilly Factor” and “Fox & Friends.” In 2016, he made his name as a co-host of “Fox & Friends Weekend,” a position he has held ever since.
In addition to his work on Fox News, Hegseth has appeared on various other television programs, including “The Greg Gutfeld Show” and “Outnumbered.” He has also served as a guest host for “The Five” and “The Ingraham Angle.”
Authorship Hegseth is the author of several books, including “In the Arena: Good Citizens, a Great Republic, and How One Speech Can Reinvigorate America” and “American Crusade: Our Fight to Stay Free.” In these books, he offers his perspective on patriotism, American exceptionalism, and the military’s role in society.
Philanthropy and Political Activism
Hegseth is a prominent figure in conservative political circles and has had several political organizations and campaigns. He is a former executive director of Vets for Freedom, a group that advocated for a strong U.S. military presence in Iraq and Afghanistan. He has worked in organizations like Concerned Veterans for America and the Committee for a Constructive Tomorrow.
In addition to his political activism, Hegseth has had philanthropy. He has worked with organizations like the Gary Sinise Foundation and helped raise money for veterans’ causes. Hegseth is also a National Rifle Association (NRA) board member.
FAQs on Pete Hegseth Net Worth
How much does Pete Hegseth make per year?
Estimating Hegseth’s yearly income is $6 million. His salary includes his Fox News salary, book royalties, and speaking fees. However, he has an estimated net worth of around $19 million.
Has Pete Hegseth ever served in the military?
Hegseth served as an infantry officer in the U.S. Army National Guard and completed tours in Iraq and Afghanistan. He got awarded two Bronze Stars and a Combat Infantryman Badge for his service.
What are some of Pete Hegseth’s most popular books?
Hegseth is the author of several books. Some of his most popular titles include “In the Arena: Good Citizens, a Great Republic, and How One Speech Can Reinvigorate America” and “American Crusade: Our Fight to Stay Free.” These books offer his perspective on American politics, patriotism, and the military’s societal role.
What political organizations is Pete Hegseth involved with?
Hegseth is a prominent figure in conservative political circles. It has had several organizations, including Vets for Freedom, Concerned Veterans for America, and the Committee for a Constructive Tomorrow. He is also a National Rifle Association (NRA) board member.
Pete Hegseth is a highly successful television personality, author, and political commentator who has made a name for himself in the conservative media landscape. Hegseth’s net worth has grown with his high-profile career and various business ventures. While he has faced some criticisms and controversies, his success and influence show no signs of slowing down. As he continues to build his career and pursue his passions, it will be interesting to see how his net worth evolves in the years to come.