Pete Hegseth has been an avid supporter of Donald Trump, and now, he could be the Republican’s Secretary of Defense upon confirmation in January 2025. After Trump nominated Hegseth at the end of 2024, the latter left his position at Fox & Friends. Since he was a prominent face on the network, where does Hegseth’s net worth stand now, and what was his salary?
Following Trump’s nomination of Hegseth, the television personality faced a wave of criticism over his controversial statements, specifically about women. Nevertheless, he has had the support of his wife, Jennifer Cunningham Hegseth, and their children. But a shocking New York Times report unveiled a scathing 2018 email exchange between Hegseth and his mother, Penelope Hegseth, in which she wrote, “I have no respect for any man that belittles, lies, cheats, sleeps around and uses women for his own power and ego. You are that man (and have been for years) and as your mother, it pains me and embarrasses me to say that, but it is the sad, sad truth.” However, Hegseth’s mother clarified that she sent that email out of anger and apologized to her son.
Find out what we know about Hegseth’s fortune and how he makes a living now.
What Is Pete Hegseth’s Job Now?
Hegseth worked with Fox News for 10 years, first joining the network in 2014 as a political commentator. He then moved into a co-hosting position with Fox & Friends in 2017. At the end of 2024, Hegseth was nominated by Trump to be the U.S. Secretary of Defense upon approval. As a result of his nomination, Hegseth left Fox News.
Previously, Hegseth served in the military as an Army National Guard officer.
Pete Hegseth’s Net Worth
Hegseth currently has a net worth in the millions. From 2023 though 2024, he earned between $6 million and $9 million, according to his financial earnings disclosure report. Hegseth racked up a high fortune thanks to multiple opportunities, including speaking at public events and publishing various books. As seen in his financial disclosure, Hegseth earned approximately $900,000 in speaking fees for dozens of public events, and he made $348,000 from publishing The War on Warriors and $150,000 on Battle for the American Mind.
Also in Hegseth’s financial disclosure report, he received between $100,001 and $1 million in royalties from each published work.
Pete Hegseth’s Salary
From 2023 through 2024, Hegseth made a salary of about $4 million while working with Fox News, according to his financial earnings disclosure report.
