Pete Hegseth, a well-known television personality and political commentator, has built a significant fortune throughout his career, especially during his time with Fox News.
As of 2025, his net worth is estimated in the millions, thanks to his work in media, public speaking, and authoring multiple books.
Career and Current Role
Hegseth became a prominent figure in the political commentary world, particularly after joining Fox News in 2014.
He initially started as a political commentator before becoming a co-host on the popular morning show Fox & Friends in 2017. Hegseth’s views on politics and military affairs made him a standout figure, earning him both supporters and critics.
In late 2024, Pete Hegseth was nominated by former President Donald Trump to become the U.S. Secretary of Defense, pending Senate confirmation.
This nomination marked a major shift in his career, prompting him to leave Fox News. Prior to his media career, Hegseth served as an officer in the Army National Guard, adding another layer to his public persona as a military veteran.
Net Worth
Pete Hegseth’s net worth is estimated to be between $6 million and $9 million as of early 2025. His substantial earnings come from a variety of sources, including his salary at Fox News, speaking engagements, and book deals.
Over a two-year period from 2023 to 2024, Hegseth earned between $6 million and $9 million, according to his financial earnings disclosure report.
In addition to his salary, Hegseth has garnered significant income from public speaking, with reports indicating that he made approximately $900,000 in speaking fees during this time. His books, The War on Warriors and Battle for the American Mind, also contributed to his wealth.
Hegseth earned $348,000 from The War on Warriors and $150,000 from Battle for the American Mind, along with royalties ranging from $100,001 to $1 million from each publication.
Salary at Fox News
During his time at Fox News, Pete Hegseth earned an annual salary of about $4 million from 2023 through 2024, as disclosed in his earnings report.
His high salary reflected his role as a co-host on Fox & Friends, which has been one of the network’s flagship programs.