Jared Fogle Net Worth

What Is Jared Fogle Net Worth’s Net Worth?

Jared Fogle’s net worth is estimated to be around $4 million. This figure reflects a significant decline from the peak of his career when his net worth was estimated to be between $10 million and $15 million. The decrease is largely attributed to legal fees, settlements, and the impact of his criminal conviction on his earning potential.

Early Life and Career Beginnings

Born on December 1, 1977, in Indianapolis, Indiana, Jared Fogle’s early life provided little indication of the fame, wealth, and subsequent downfall he would experience. He graduated from North Central High School in Indianapolis in 1995, followed by his attendance at Indiana University Bloomington in 2000. Before his weight loss journey and subsequent fame, he worked as a revenue management agent at American Trans Air.

Fogle’s rise to prominence began in April 1999, when he shared his weight loss story. Weighing 425 pounds at 6′ 2″, he lost 245 pounds in a single year through a self-designed “Subway diet.” This regimen involved consuming Subway sandwiches with low-calorie condiments and increased walking. His story was publicized in the Indiana Daily Student, which led to his recruitment by Subway’s national ad agency in early 2000.

Subway initiated a regional television ad campaign as a test, with the first ad airing on January 1, 2000. The ad introduced Fogle and his story with a disclaimer: “The Subway diet, combined with a lot of walking, worked for Jared. We’re not saying this is for everyone. You should check with your doctor before starting any diet program. But it worked for Jared.” The campaign proved successful, leading to Fogle’s extensive involvement in TV commercials and sponsored in-store appearances.

Peak Earnings and Career Highlights

At the peak of his career, Jared Fogle was earning an estimated $2 million a year as a spokesperson and motivational speaker. His role as Subway’s spokesperson lasted for over 15 years. During this time, he appeared in numerous TV commercials, made sponsored appearances, and contributed to Subway’s growth. Subway attributed a third of its sales growth to Fogle, with revenue tripling from 1998 to 2011.

Fogle’s association with Subway opened doors to various opportunities. In 2002, he was the subject of an episode of “South Park” called “Jared Has Aides.” He also appeared in WWE in 2009 and 2011, and had a cameo appearance in “Sharknado 3: Oh Hell No!” He filmed over 300 commercials for Subway and made appearances and speeches for the company.

Beyond his role with Subway, Fogle worked as a motivational speaker, traveling the country approximately 200 days a year. He established the Jared Foundation, a nonprofit organization focused on raising awareness of childhood obesity through educational programs and resources provided to parents, schools, and community leaders.

Legal Troubles and Financial Repercussions

Jared Fogle’s career and financial standing took a dramatic turn in July 2015, when his home was raided as part of an FBI investigation into child pornography. This investigation was linked to a former employee of Jared’s charity. Subsequently, Fogle was charged with possessing and distributing child pornography and traveling across state lines to engage in sex with minors.

Following the FBI raid and his arrest, Subway severed ties with Jared Fogle, and the company and Fogle announced the mutual termination of their relationship. On August 19, 2015, Jared Fogle pleaded guilty to possession of child pornography. He agreed to pay $1.4 million in restitution to 14 victims and is currently serving a 15-year prison sentence at the Federal Correctional Institution Englewood near Littleton, Colorado. His earliest possible release date is July 11, 2029.

In addition to the restitution payments, Fogle reportedly paid his ex-wife a $7 million divorce settlement following his charges of sex with minors and child pornography. These legal troubles and their financial implications have significantly impacted Jared Fogle’s net worth, reducing it from a peak of $10–$15 million to an estimated $4 million.