Pete Hegseth Net Worth & Achievements

What is Pete Hegseth Net Worth?

Net Worth:$19 million
Source of Wealth:Reporter
Date of Birth:June 6th, 1980
Country of Origin:United States
Last Updated:2024

Pete Hegseth Net Worth: Pete Hegseth is an American reporter with an estimated net worth of $19 million.

He works for Fox News. He was the president and CEO of Concerned Veterans for America.

Pete Hegseth has received several medals for his service to the nation. He also has different badges conferred on him, including the Combat Infantryman Badge and the Expert Infantryman Badge. With an intermittent increase in Pete’s salary,

Early Life

Peter Hegseth was born in Forest Lake, Minnesota, on 6th June 1980. He attended Forest Lake Area High School and Princeton University. At Princeton, Pete held the publisher position at the student publication, The Princeton Tory. He also got involved in Republican and conservative politics. In 2003, Pete graduated with a bachelor’s degree.

He worked as an equity capital market analyst for Bear Stearns, an investment bank no longer in business. Pete attended Harvard Kennedy School for his master’s and graduated in 2013.

Career

Pete attended Princeton University, where he became involved in politics and journalism. He was the publisher of the school’s student publication, The Princeton Tory. After graduating in 2003, he joined the US Army National Guard as an infantry officer. In 2004, he received the Commendation Medal and was president and chief executive officer of Vets for Freedom.

He served as president and CEO of Concerned Veterans for America and also served as Senior Counterinsurgency instructor at the Counterinsurgency Training Center in Kabul with the Minnesota National Guard from 2011 to 2012. Pete was not selected as the Secretary of Veterans Affairs during Trump’s administration because of some opposition from prominent veterans’ organizations.

Hegseth has appeared on news channels such as MSNBC, CNN, and Fox News, where he worked as a military commentator. Pete currently works as a contributor with Fox News Channel. He has contributed to The Wall Street Journal, The New York Post, The Washington Times, and The Washington Post editorials.

Pete Hegseth net worth is estimated to be $19 million as of 2024.

Career Highlights

  • 2003 – Equity Capital market Analyst for Bear Stearns
  • 2004 – Military Service in Guantanamo Bay
  • 2005-2006 – Military Service in Iraq
  • 2007-2012 – Executive Director of Vets for Freedom
  • 2012 – Military service in Afghanistan
  • 2012-2015 – CEO of Concerned Veterans for America
  • 2014-present – Fox News Contributor

Personal Life

Pete’s first marriage was in 2004 to Meredith Schwartz. They divorced in 2009. In 2010, Pete got married to Samantha Deering, but they also divorced in 2017. Pete’s third marriage is to Jennifer Ratchet, who he tied the knot in 2019. They are still together, and they have four children. You can know more about him from his social channels like Instagram, and Facebook.

Awards & Achievements

Pete Hegseth has received several medals for his service to the nation. He also has different badges conferred on him, including the Combat Infantryman Badge and the Expert Infantryman Badge.

Pete has a National Defense Service Medal, an Afghanistan Campaign Medal, a Global War on Terrorism Service Medal, an Iraq Campaign Medal, an Army Commendation Medal, and two Bronze Stars.

Pete Hegseth Net Worth

Pete Hegseth net worth is estimated to be $19 million. With an intermittent increase in Pete’s salary. Pete works as a journalist at Fox News. As of 2018, he earned $2 million annually; by 2019, his salary increased to $3 million.

In 2020, Pete’s salary was raised to $5 million and finally to $6 million in 2022. The journalist makes a lot of money from his career.

Real Estate

Pete has a remarkable asset and investment portfolio. He has 4 real estate properties, 3 luxury yachts, 6 cars, and a cash reserve of over $5 million. He also owns ten stocks in investments worth $15 million.

Pete Hegseth net worth is estimated to be about $19 million. this is inclusive of his wealth in real estate

Car Collection

Pete owns a Porsche Macan, a McLaren GT, and some vintage cars worth over a million dollars.

Notable Pete Hegseth’s Quotes

President Lincoln chose to fight a bloody and unpopular war because he believed the enemy had to be defeated. He was right. –Pete Hegseth

Whether we like it or not, gender differences matter in a combat situation. –Pete Hegseth

Being a defense hawk and a budget hawk are not mutually exclusive. –Pete Hegseth

Peace through strength works, but the flip side is war invited by weakness. –Pete Hegseth

Life Lesson To Learn From Pete Hegseth’s Success

Here are some significant lessons to learn from Pete Hegseth’s life;

1. Diversify Your Income

Pete is a wealthy reporter. He earns $6 million annually from his job as a reporter for Fox News, but he still makes more from his real estate properties.

2. Be Inspired

Pete’s life is an inspiration to others. He has achieved a lot, from being in the US Army National Guard to becoming one of the highest-paid reporters.

3. Invest

Pete invests in real estate and other businesses. He has an impressive real estate and investment portfolio.

Frequently Asked QuestionPete Hegseth’s Net Worth

How Much is the Salary on Fox News?

An intern earns $23, and a coordinator earns $33 as average hourly pay in Fox Corporation. An average annual salary at Fox is between $54,748 for a Digital Creator and $245,611 for a Director.

Does Pete Hegseth’s Wife Work for Fox?

Jennifer Ratchet, Pete’s wife, works for Fox News as the executive producer of Fox & Friends and as the producer of Watter’s World.

How Many Marriages Have Pete Hegseth Been in?

Pete has been married twice. His first marriage to Meredith Schwartz ended in 2009. He married Samantha Deering in 2010, and they have three children together. Hegseth is currently married to Jennifer Ratchet.

Also Read: Larry Elder Net Worth & Achievements

Final Thoughts

Pete Hegseth is an American reporter who works for Fox News. He has a current net worth of $19 million. Pete’s starting salary was $50,000. As of 2007, his net worth was $310,000. Pete currently earns over $6 million annually. His real estate properties in Texas also serve as a source of monthly income for him. Pete’s net worth is expected to climb to $30 million in less than a year.

As of 2024, Pete Hegseth net worth is estimated to be $19 million.

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