Spencer Pratt Net Worth (Money & Salary)

What Is Spencer Pratt’s Net Worth?

The net worth of Spencer Pratt, an American reality star, stands at $1 million. This figure reflects a combined net worth with his spouse, Heidi Montag. In the subsequent section of this article, we provide a comprehensive timeline and analysis detailing how we have arrived at the estimate of Heidi and Spencer Pratt’s net worth both in the past and at present.

Spencer Pratt gained popularity on MTV’s reality series “The Hills” (2007-2010), where he appeared with his current wife, Heidi Montag. He was recognized as the main antagonist of the show, stirring drama through his disputes with Lauren Conrad and other cast members. A substantial part of the show’s narrative centered on the couple’s relationship, marriage, and various controversies. Following “The Hills,” Pratt and Montag featured in several other reality shows, including “I’m a Celebrity…Get Me Out of Here!” (2009) and “Celebrity Big Brother UK” (2013, 2017). Their extravagant spending and publicity stunts became widely known, ultimately leading to financial challenges. They also published a book titled “How to Be Famous” (2009).

Later, Pratt took to social media, where he garnered attention for his presence on Snapchat and his crystal business. He has been candid about their financial rehabilitation and transition to a more sustainable lifestyle. The couple welcomed their first child in 2017 and continued to appear in “The Hills: New Beginnings” (2019-2021). At their highest point, Heidi and Spencer’s combined net worth reached $10 million, but they squandered their fortune in various ways, which we will explore in the next section:

Heidi and Spencer Net Worth Timeline

Pinpointing Heidi and Spencer’s net worth accurately has proven challenging over the years. Here is a brief bullet point timeline:

• 2010: Peak net worth potentially reaching $10 million
• 2013: In an interview with E!, they claimed to have exhausted their fortune due to extravagant spending habits
• 2016: They reside rent-free in his parents’ beach house, struggling to afford fancy dinners, while making ends meet through reality show appearances
• 2017: Purchase of a $2.5 million home in the Pacific Palisades
• 2025: Their home is destroyed, and it appears they lacked insurance for rebuilding

Expanded details:

In December 2013, Heidi and Spencer featured in a special titled “After Shock: Heidi & Spencer,” aired on the E! network. Through this one-hour special, they disclosed various intriguing details about their financial situation up to that point. During the interview, Heidi remarked:

“We’ve reached a reality check point, realizing that we had a lot of money and we spent a lot of money,” while Spencer added, “We should have like $10 million plus in the bank. And we don’t.”

Further explaining, he said, “We thought we were Jay-Z and Beyonce, or the new Beckhams.“

Astonishingly, Heidi went on to say that they “heard the world was going to end in 2012… [so we thought] we must spend this money before the asteroid hits.“

Additionally, Heidi disclosed they spent an estimated $1 million on handbags and designer clothing. Montag had a particular fascination with Birkin handbags, which may cost as much as $40,000 each. She also allocated around $100,000 per month for her hair and makeup. Heidi spent $200,000 in one day when undergoing a series of 10 plastic surgery operations simultaneously. Other extravagant expenditures included a full staff (with bodyguards costing up to $15,000 for a night out), lavish dinners featuring $3,000 bottles of wine, and Spencer’s crystal business.

He estimated the value of his collection to be as high as $1 million. During their highest spending period, the couple allotted $10,000 each month for restaurant expenses. Following the cancellation of “The Hills,” they resided at the Ritz Carlton in Costa Rica for six months, enjoying room service alongside their four dogs.

On top of that, Spencer is said to have spent approximately $1 million on clothing, as he expressed, “I wanted to be in fashion magazines alongside Brad Pitt. I desired to be taken seriously as an A-lister.“

In addition, Spencer cultivated a significant interest in crystals, reportedly investing around $500,000 in various crystals believed to radiate positive energy. Notably, one particular crystal sourced from a volcano in Peru cost over $100,000 and necessitated a crane for installation at their $35,000/month rental in Malibu.

Ultimately, the couple committed $2.5 million to Heidi’s musical career, which yielded an album that managed to sell only 6,000 copies.

During a 2016 interview with People.com, Heidi and Spencer disclosed that at their height, they were earning $2 million annually, primarily due to six-figure salaries for their roles on “The Hills” along with staged paparazzi shots and multiple paid appearances. Heidi conveyed:

“We were measuring ourselves against the likes of Tom Cruise and Katie Holmes while trying to keep up with the Joneses. We should have remained within our reality TV path… I felt like I was pretending to be someone else. Our business managers advised us to curb our spending, yet we behaved as though we were in control.“

At the time of their interview with People, the couple was living in Spencer’s parents’ vacation home on the beach in Carpenteria, California, without paying rent. Spencer’s parents had purchased the 3-bedroom house in 1992 for $825,000, which has since appreciated to around $5 million.

Pacific Palisades Home

Heidi and Spencer acquired a property in LA’s Pacific Palisades neighborhood for $2.52 million in February 2017. As many may know, this house was destroyed in the Palisades Fire of January 2025. Before the fire, its value approached $4 million. In subsequent interviews, the couple has stated that they lacked fire insurance since they were dropped by their previous insurance provider four months before the incident.

Early Life

Born Spencer William Pratt on August 14, 1983, in Los Angeles, California, Spencer has a younger sister named Stephanie Pratt, who also ventured into reality television, appearing on shows like “The Hills,” “Made in Chelsea,” “Celebrity Big Brother,” and “Celebs Go Dancing.”

Career

In 2005, Pratt made his television debut on the short-lived series “The Princes of Malibu,” where he also took on the role of executive producer. Through this opportunity, he formed a close friendship with series star Brody Jenner, as Pratt portrayed Jenner’s manager/publicist/agent/stylist on the show. This connection ultimately led him to join “The Hills,” an MTV spin-off of “Laguna Beach: The Real Orange County.” The series depicted the lives of Lauren Conrad, her roommate Heidi Montag, and friends Audrina Patridge and Whitney Port. In 2007, Pratt and Montag began dating and later shared an apartment, which resulted in the fallout of Montag’s friendship with Lauren Conrad. During season 3, Conrad ended her relationship with Montag upon suspecting that Pratt was spreading malicious rumors about a purported sex tape involving her and her ex, Jason Wahler. This conflict persisted throughout the following seasons.

In 2007, Pratt contributed to Montag’s emerging music career, delivering a rap verse on her single “Body Language” from her debut album, and directing the music video for her song “Higher.”

In April 2009, Pratt participated in the reality show “I’m A Celebrity… Get Me Out Of Here” to support the Feed the Children foundation, where he and his wife Heidi Montag, whom he married that same month, were baptized by Stephen Baldwin. The couple quit the show within four days, claiming NBC had subjected them to “torture.” However, they soon reversed their decision and returned, only to leave again shortly after due to Montag’s hospitalization for a gastric ulcer. Later that year, the couple made a guest appearance as themselves in an episode of “How I Met Your Mother.” In 2010, they made their final appearance on “The Hills” midway through the sixth and last season, where Spencer earned the title of “Greatest Reality TV Villain” from a Yahoo fan poll.

The pair has also been featured on popular reality series like “Marriage Bootcamp: Reality Stars” and “Celebrity Wife Swap,” where they switched lives with Olympic swimmer Amanda Beard and her husband, photographer Sacha Brown. During “Marriage Boot Camp,” Pratt developed a friendship with “Survivor” winner Tyson Apostol, leading them to co-host “The Spyson Hour,” a podcast that recapped the series. Although the podcast continued, Pratt exited the show in October 2015.

Additionally, Spencer and Heidi participated in the British version of the reality television series
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In 2013 and again in 2017, the couple participated in “Celebrity Big Brother.” During their initial appearance on the show, they famously clashed with singer and TV personality Rylan Clark, ultimately finishing as runners-up to him. In February 2013, Channel 5 released a one-off special titled “Speidi: Scandals, Secrets, & Surgery,” which explored the rise of Montag and Pratt. Additionally, they featured in the E! special “After Shock: Heidi & Spencer.”

MTV welcomed Heidi and Spencer back in 2019 as part of the rekindled series “The Hills: New Beginnings.”

Personal Life

The couple eloped in 2008, followed by a marriage ceremony in 2009. Montag filed for divorce from Pratt in July 2009, citing irreconcilable differences; however, they retracted that decision two months later, admitting that the divorce was staged to help Montag’s struggling career. In November 2009, they renewed their vows in Carpinteria, California. That same month, both Pratt and Montag publicly expressed their belief that the September 11 attacks were orchestrated as an inside job. Spencer declared his intention to leverage his celebrity status to raise awareness about the New World Order.

Heidi and Spencer are parents to two sons, Ryker and Gunner.

Pratt has gained a following on Snapchat, sharing stories about his family, daily experiences, and a fervor for hummingbirds. He was nominated for Snapchatter of the Year at the 10th Annual Shorty Awards in January 2018, ultimately winning the accolade.

In 2013, Spencer achieved his undergraduate degree in political science from the University of Southern California, which he had left ten years prior to chase a career in television.

Currently, he runs a crystal store named Pratt Daddy Crystals.