Pete Hegseth has been a notable figure in American politics and media, known for his outspoken support of Donald Trump. In December 2024, Trump nominated Hegseth for the position of U.S. Secretary of Defense, marking a significant career shift for the former television personality.
This nomination led Hegseth to leave his decade-long tenure at Fox News, where he had become a prominent voice as a political commentator and co-host of Fox & Friends. As he awaits confirmation in January 2025, questions about Hegseth’s financial standing and his previous earnings at Fox News have come to light.
Pete Hegseth (@petehegseth/Instagram)Controversy Surrounding Hegseth
Hegseth’s nomination was met with criticism, particularly due to his history of controversial statements about women. Despite public backlash, Hegseth has had the unwavering support of his wife, Jennifer Cunningham Hegseth, and their children. However, a surprising revelation came through a 2018 email exchange with his mother, Penelope Hegseth, who harshly criticized his treatment of women and personal conduct.
Though the email was scathing, his mother later clarified that her remarks were made in anger and apologized for her words. This controversy has added another layer to the scrutiny of Hegseth’s character as he transitions into a high-profile political role.
Before his career in media, Hegseth served as an Army National Guard officer, which provided him with experience and credentials that aligned with his nomination for Secretary of Defense.
During his time at Fox News, Hegseth transitioned from commentator to co-host, solidifying his reputation as a staunch conservative voice. His departure from the network in late 2024 to prepare for his potential role in the Department of Defense highlights the significant shifts in his career path, moving from broadcasting to a key position in Trump’s cabinet.
Pete Hegseth (@petehegseth/Instagram)Pete Hegseth’s Net Worth and Earnings
Hegseth’s financial disclosures reveal that his net worth is in the millions, fueled by his diverse income streams. Between 2023 and 2024, Hegseth earned between $6 million and $9 million from his work at Fox News, speaking engagements, and book publications.
He generated approximately $900,000 in fees from public speaking events and received significant royalties from his published works, including The War on Warriors and Battle for the American Mind. These royalties ranged between $100,001 and $1 million per book, showcasing the broad appeal of his written contributions.
Hegseth’s role at Fox News brought him significant financial rewards, with a reported salary of $4 million from 2023 through 2024. His time at the network, coupled with his other ventures, has positioned him as a wealthy and influential figure. While his nomination as Secretary of Defense marks a new chapter in his career, Hegseth’s accumulated wealth and prior success in media and publishing have ensured his financial stability as he steps into the political spotlight.
