Spencer Pratt Net Worth

What Is Spencer Pratt's Net Worth?

Spencer Pratt is an American reality star who has a net worth of $1 million. That is a combined net worth with his wife, Heidi Montag. If you scroll down to the next section in this article, we give a detailed timeline and breakdown of how we have previously and currently landed on an estimate for Heidi and Spencer Pratt's net worth.

Spencer Pratt rose to fame on MTV's reality show "The Hills" (2007-2010) alongside his now-wife Heidi Montag. He became known as the show's primary antagonist, creating drama through his conflicts with Lauren Conrad and other cast members. The couple's relationship, marriage, and various controversies became major storylines. After "The Hills," Pratt and Montag appeared on multiple reality shows, including "I'm a Celebrity…Get Me Out of Here!" (2009) and "Celebrity Big Brother UK" (2013, 2017). The couple became known for their lavish spending and publicity stunts, eventually facing financial difficulties. They authored a book, "How to Be Famous" (2009).

Pratt later embraced social media, gaining attention for his Snapchat presence and crystal business. He's been open about the couple's financial recovery and their shift to a more sustainable lifestyle. They welcomed their first child in 2017 and continued appearing in "The Hills: New Beginnings" (2019-2021). At their peak, Heidi and Spencer's combined net worth was $10 million. They blew the entire fortune in a variety of ways, which we detail in the next section:

Heidi and Spencer's Net Worth Timeline

Accurately pinpointing Heidi and Spencer's net worth has been difficult over the years. The TLDR bullet point timeline is:

• 2010: Peak of net worth, perhaps as high as $10 million
• 2013: In an E! interview, they claim to have blown their fortune through insane spending habits
• 2016: They are living rent-free at his parents' beach house, no longer able to go out to fancy dinners, trying to make ends meet with reality appearances
• 2017: They buy a $2.5 million home in the Pacific Palisades
• 2025: Their home is destroyed, and they apparently did not have insurance to rebuild

Longer explanation:

In December 2013, Heidi and Spencer appeared in a special titled "After Shock: Heidi & Spencer," which aired on the E! network. In the one-hour special, Heidi and Spencer revealed a number of interesting details about their finances up to that point. In the interview, for example:

"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," Heidi said. Spencer added, "We should have like $10 million plus in the bank. And we don't."

Elaborating, "We thought we were Jay-Z and Beyonce, or the new Beckhams."

Unbelievably, Heidi further claimed that they "heard the planet was going to end in 2012… [so we thought] we have got to spend this money before the asteroid hits."

Heidi also revealed they spent an estimated $1 million on handbags and designer clothes. Montag was especially obsessed with Birkin handbags that can cost as much as $40,000. She also spent an estimated $100,000 per month on her hair and makeup. Heidi spent $200,000 in a single day when she underwent a marathon of 10 plastic surgery procedures at once. Other splurges included a full staff (bodyguards costing up to $15,000 for a night out), expensive dinners with $3,000 bottles of wine, and Spencer's crystal collection, which he estimated was worth up to $1 million. At their peak, they were spending $10,000 per month on restaurants. After "The Hills" was canceled, the couple lived at the Ritz-Carlton in Costa Rica for six months, ordering room service for themselves and their four dogs.

Meanwhile, Spencer spent an estimated $1 million on clothes because, in his words, "I wanted to be taken seriously as an A-lister. I wanted to be in fashion magazines alongside Brad Pitt."

Furthermore, Spencer developed a particular passion for crystals. He reportedly spent around $500,000 on various crystals that would supposedly give off positive energy. One crystal in particular, which came from a volcano in Peru, cost over $100,000 alone and required a crane to be installed at their $35,000/month Malibu rental.

Finally, they spent $2.5 million on Heidi's musical career, which produced one album that sold a total of 6,000 units.

In 2016, Heidi and Spencer gave an interview to People.com. In this interview, the couple revealed that at their peak, they were making $2 million per year, thanks largely to six-figure paychecks for their roles on "The Hills," plus staged paparazzi photos and various paid appearances. As Heidi explains:

"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 this People interview, the couple was living rent-free at Spencer's parents' vacation home on the beach in Carpinteria, California. Spencer's parents bought the 3-bedroom home in 1992 for $825,000, and today it's worth around $5 million.

Pacific Palisades Home

In February 2017, Heidi and Spencer paid $2.52 million for a three-bedroom home in Los Angeles' Pacific Palisades neighborhood. Perched above the Santa Monica Mountains with sweeping canyon views, the 2,300-square-foot home was modest by celebrity standards, but located in one of the most exclusive enclaves in LA. By early 2025, the property's estimated value had climbed to nearly $4 million.

Tragically, in January 2025, their home was completely destroyed in the massive California wildfires that tore through the Pacific Palisades and Malibu. As flames approached the area, Spencer documented the unfolding disaster on TikTok and Snapchat. Heidi was later seen in a widely shared video holding one of their sons and tearfully saying, "I just want to go home." Within hours, their house was gone.

In the aftermath, the couple revealed they did not have fire insurance. According to their interviews, they had been dropped by their previous insurer just four months before the blaze, leaving them fully exposed to the loss. They remain responsible for the mortgage on a lot they now cannot afford to rebuild. In a 2025 interview with The Independent, Heidi said they were quoted $5 million to rebuild, more than double the value of the original home, due to soaring construction costs, labor shortages, and bureaucratic permitting delays. That translates to an eye-popping $2,173 per square foot.

Unable to afford the rebuild, they've relocated to a rental home in Santa Barbara and have joined more than 20 other homeowners in a lawsuit against the city of Los Angeles and its water department, alleging firefighting efforts were hampered by low water pressure.

The Palisades fire also displaced numerous other celebrities, including Paris Hilton, Adam Brody, Billy Crystal, and Anna Faris. But unlike many of their better-financed neighbors, Montag and Pratt have said the loss has left their financial future uncertain.

Early Life

Spencer Pratt was born Spencer William Pratt on August 14, 1983, in Los Angeles, California. His younger sister Stephanie Pratt would also later become a reality TV personality who appeared on "The Hills," "Made in Chelsea," "Celebrity Big Brother," and "Celebs Go Dancing."

Career

Pratt first appeared on television in 2005 on the short-lived series "The Princes of Malibu," on which he was also executive producer. He became good friends with series star Brody Jenner (Pratt acted in the role of manager/publicist/agent/stylist for him in the show), and this led to his role on "The Hills" on MTV. The show was a spin-off of "Laguna Beach: The Real Orange County." The show chronicled the lives of Lauren Conrad, her housemate Heidi Montag, and friends Audrina Patridge and Whitney Port. Pratt and Montag started dating and later moved into an apartment together in 2007, which led to the destruction of Montag's friendship with Lauren Conrad. In season 3, Conrad ended her friendship with Montag when she suspected that Pratt was the guilty party in spreading rumors of a sex tape involving Lauren and her ex Jason Wahler. The feud between the three carried through each season.

Pratt was involved in Montag's budding music career in 2007 when he rapped a verse on her single "Body Language" from her debut album, and he later directed 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" in support of the Feed the Children foundation, on which he was baptized by Stephen Baldwin, along with his wife, Heidi Montag, whom he had married that same month. Within four days, the couple quit the show, saying that NBC had "subjected them to torture." They soon changed their minds and returned to the show, only to leave shortly after due to Montag's hospitalization because of a gastric ulcer. In 2009, the couple appeared as themselves in an episode of "How I Met Your Mother." In 2010, Pratt and Montag made their last appearance on "The Hills" at the midway point of the sixth and final season. For his role on the series, Spencer was given the title of "Greatest Reality TV Villain" in Yahoo's fan-voted poll.

The couple has also appeared on the hit reality series "Marriage Bootcamp: Reality Stars" and "Celebrity Wife Swap," on which they traded lives with Olympic swimmer Amanda Beard and her husband, photographer Sacha Brown. During "Marriage Boot Camp," Pratt became friends with "Survivor" winner Tyson Apostol, and the two began hosting "The Spyson Hour," a weekly podcast to recap the show. The podcast went on, but Pratt left the show in October 2015.

Spencer and Heidi also competed on the British version of the reality television series "Celebrity Big Brother" in 2013 and again in 2017. During their first stint on "Celebrity Big Brother," they notably developed a feud with singer and TV personality Rylan Clark. They were named the runners-up, losing to Clark. In February 2013, Channel 5 aired "Speidi: Scandals, Secrets, & Surgery," a one-off special discussing Montag and Pratt's rise to prominence. The couple also appeared in the E! special "After Shock: Heidi & Spencer."

In 2019, Heidi and Spencer returned to MTV as part of the rebooted series "The Hills: New Beginnings."

Personal Life

The couple eloped in 2008 and had a marriage ceremony in 2009. In July 2009, Montag filed for divorce from Pratt, citing irreconcilable differences. They called it off two months later and confessed that the action was staged to boost Montag's ailing career. They renewed their vows in November 2009 in Carpinteria, California. In July 2009, both Pratt and Montag announced publicly that they believed the September 11th attacks were an inside job. Spencer said he was going to use his celebrity status in order to educate the country about the New World Order.

Heidi and Spencer have two sons, Ryker and Gunner.

Pratt has developed a fan base on Snapchat by posting stories showing his family, daily life, and his passion for hummingbirds. He was nominated in January 2018 for Snapchatter of the Year at the 10th Annual Shorty Awards 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.

Today, he operates a crystal store called Pratt Daddy Crystals.