Spencer Pratt Net Worth

What Is Spencer Pratt’s Net Worth?

Spencer Pratt, an American reality television personality, has accumulated a net worth of approximately $1 million. This figure represents the combined net worth he shares with his wife, Heidi Montag. While their financial journey has seen significant fluctuations, this is the current estimate of their combined assets. A more detailed breakdown of their financial trajectory is outlined in the sections below.

Spencer Pratt and Heidi Montag’s Financial Timeline

The financial history of Spencer Pratt and Heidi Montag, often referred to as “Speidi,” is a story of significant wealth accumulation followed by equally significant expenditure. Their financial journey can be summarized as follows:

• 2010: At the peak of their careers, their combined net worth reached approximately $10 million. This was primarily due to their roles on “The Hills” and subsequent media appearances.
• 2013: In an interview with E!, the couple admitted to having spent their entire fortune due to extravagant spending habits.
• 2016: They were reported to be living rent-free at Spencer’s parents’ beach house, struggling to maintain their lifestyle through occasional reality TV appearances.
• 2017: The couple purchased a home in the Pacific Palisades for $2.5 million.
• 2025: Their home was destroyed by fire, and they reportedly lacked insurance to cover the rebuilding costs.

In December 2013, during an E! special titled “After Shock: Heidi & Spencer,” they provided a detailed account of their financial situation. Heidi stated, “We have kind of come to the point where it’s a reality check, and it’s like, whoa, we had a lot of money and whoa, we spent a lot of money.” Spencer added, “We should have, like, $10 million plus in the bank. And we don’t.”

Heidi further claimed that they believed the world was ending in 2012 and, therefore, felt compelled to spend their money before an impending asteroid impact. Their expenditures included approximately $1 million on designer handbags and clothing. Heidi was particularly fond of Birkin handbags, which can cost up to $40,000 each. She also spent an estimated $100,000 per month on hair and makeup. A single day of plastic surgery, involving ten procedures, cost her $200,000.

Other significant expenses included a full-time staff, with bodyguards costing as much as $15,000 per night, expensive dinners with $3,000 bottles of wine, and Spencer’s crystal collection, which he valued at up to $1 million. At their peak, they were spending $10,000 per month on restaurant meals. After “The Hills” was canceled, they resided at the Ritz Carlton in Costa Rica for six months, ordering room service for themselves and their four dogs.

Spencer spent an estimated $1 million on clothing to be taken seriously as an A-lister and appear in fashion magazines alongside celebrities like Brad Pitt. He also developed a passion for crystals, spending around $500,000 on various crystals believed to emit positive energy. One particular crystal, sourced from a volcano in Peru, cost over $100,000 and required a crane for installation at their $35,000 per month Malibu rental. Additionally, they invested $2.5 million in Heidi’s music career, which resulted in one album that sold approximately 6,000 copies.

In a 2016 interview with People.com, Heidi and Spencer revealed that they were earning $2 million per year at their peak, largely due to six-figure paychecks from “The Hills,” staged paparazzi photos, and paid appearances. Heidi stated, “We were keeping up with the Joneses, but we were going against Tom Cruise and Katie Holmes. We should have stayed in our reality TV lane… I was kind of playing house. I felt like I was someone I wasn’t. We had business managers who told us to stop spending, but we acted like we knew what we were doing.” At the time of the interview, they were living rent-free at Spencer’s parents’ vacation home on the beach in Carpenteria, California. Spencer’s parents had purchased the three-bedroom home in 1992 for $825,000, and its estimated value today is around $5 million.

In February 2017, Heidi and Spencer purchased a home in the Pacific Palisades neighborhood of Los Angeles for $2.52 million. This home was destroyed in the January 2025 Palisades Fire. Before the fire, the home was valued at nearly $4 million. In interviews following the fire, Heidi and Spencer claimed they lacked fire insurance, as their policy had been canceled four months prior to the disaster.

Spencer Pratt’s Career and Ventures

Spencer Pratt’s initial foray into television was in 2005 with the short-lived series “The Princes of Malibu,” where he also served as an executive producer. His friendship with the series’ star, Brody Jenner, led to his role on MTV’s “The Hills.” The show, a spin-off of “Laguna Beach: The Real Orange County,” followed the lives of Lauren Conrad, Heidi Montag, and their friends. Pratt and Montag’s relationship developed, leading them to move in together in 2007, which strained Montag’s friendship with Conrad.

During the third season of “The Hills,” Conrad ended her friendship with Montag, suspecting Pratt of spreading rumors about a sex tape involving Conrad and her ex-boyfriend, Jason Wahler. This feud continued throughout subsequent seasons. Pratt was also involved in Montag’s music career, contributing a verse to her single “Body Language” from her debut album and directing the music video for her single “Higher.”

In April 2009, Pratt joined the cast of the reality show “I’m A Celebrity… Get Me Out Of Here” to support the Feed the Children foundation. He and Montag, who had married earlier that month, were baptized by Stephen Baldwin on the show. The couple initially quit the show, citing “torture” by NBC, but later returned before ultimately leaving due to Montag’s hospitalization for a gastric ulcer. That same year, they made a cameo appearance as themselves on “How I Met Your Mother.”

Pratt and Montag made their final appearance on “The Hills” midway through its sixth and final season in 2010. Pratt was recognized as the “Greatest Reality TV Villain” in a Yahoo fan-voted poll for his role on the series. The couple has also participated in reality series such as “Marriage Bootcamp: Reality Stars” and “Celebrity Wife Swap,” where they exchanged lives with Olympic swimmer Amanda Beard and her husband, photographer Sacha Brown. During “Marriage Boot Camp,” Pratt formed a friendship with “Survivor” winner Tyson Apostol, and they co-hosted “The Spyson Hour,” a weekly podcast recapping the show. Pratt left the podcast in October 2015.

Spencer and Heidi competed in the British version of “Celebrity Big Brother” in both 2013 and 2017. During their first appearance, they developed a feud with singer and TV personality Rylan Clark and finished as runners-up to Clark. In February 2013, Channel 5 aired “Speidi: Scandals, Secrets, & Surgery,” a special detailing Montag and Pratt’s rise to fame. The couple also appeared in the E! special “After Shock: Heidi & Spencer.”

In 2019, Heidi and Spencer returned to MTV for the rebooted series “The Hills: New Beginnings.”

Personal Life and Other Ventures

Spencer William Pratt was born on August 14, 1983, in Los Angeles, California. His younger sister, Stephanie Pratt, also became a reality TV personality, appearing on “The Hills,” “Made in Chelsea,” “Celebrity Big Brother,” and “Celebs Go Dancing.”

The couple eloped in 2008 and held a marriage ceremony in 2009. In July 2009, Montag filed for divorce from Pratt, citing irreconcilable differences, but they called it off two months later, admitting it was a staged event to boost Montag’s career. They renewed their vows in November 2009 in Carpinteria, California.

In July 2009, both Pratt and Montag publicly stated their belief that the September 11th attacks were an inside job. Spencer announced his intention to use his celebrity status to educate the public about the New World Order. Heidi and Spencer have two sons, Ryker and Gunner.

Pratt has gained a following on Snapchat by posting stories about his family, daily life, and his passion for hummingbirds. He was nominated for Snapchatter of the Year at the 10th Annual Shorty Awards in January 2018 and won. In 2013, Spencer completed his undergraduate degree in political science at the University of Southern California, which he had left ten years earlier to pursue a career in television.

Currently, he owns and operates a crystal store called Pratt Daddy Crystals, selling various crystals and related merchandise. While specific financial details of this business are not publicly available, it contributes to Spencer Pratt’s net worth and income.