Spencer Pratt's Net Worth: The Surprising Truth Behind His $2 Million Wealth!

What Is Spencer Pratt's Net Worth?

Spencer Pratt is a well-known American reality TV personality with a net worth of $2 million. He gained popularity on MTV's "The Hills" from 2007 to 2010, where he starred alongside his wife, Heidi Montag. Spencer became infamous as the show's main villain, stirring up drama with Lauren Conrad and other cast members. Their relationship, marriage, and various scandals were central to the show's plot.

After "The Hills," Spencer and Heidi took part in several other reality shows, such as "I'm a Celebrity…Get Me Out of Here!" in 2009 and "Celebrity Big Brother UK" in 2013 and 2017. The couple was known for their extravagant lifestyle and attention-grabbing antics, which eventually led to financial struggles. They even wrote a book titled "How to Be Famous" in 2009.

Later on, Spencer turned to social media, particularly gaining traction on Snapchat and promoting his crystal business. He has been candid about their journey to financial recovery and their move towards a more eco-friendly lifestyle. The couple welcomed their first child in 2017 and appeared in "The Hills: New Beginnings" from 2019 to 2021. At one point, Heidi and Spencer's combined net worth reached $10 million, but they ended up spending it all in various ways, which we’ll explore next.

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Heidi and Spencer Blown Fortune

In December 2013, Heidi and Spencer opened up about their financial struggles, admitting they had pretty much run out of money after squandering what was once a $10 million fortune. In an interview with "In Touch Weekly," they shared that they thought they were living the high life like Jay-Z and Beyoncé or the new Beckhams.

In a wild twist, Heidi later confessed that they believed the world was going to end in 2012, which led them to think, "We need to spend this cash before the asteroid hits."

Heidi revealed she dropped around $1 million on designer handbags and clothes, with a particular obsession for Birkin bags that can go for as much as $40,000. She also spent about $100,000 a month on her hair and makeup. In one crazy day, she blew $200,000 on a marathon of 10 plastic surgeries.

Their extravagant lifestyle included hiring a full staff, with bodyguards costing up to $15,000 for a night out, fancy dinners featuring $3,000 bottles of wine, and Spencer's crystal collection, which he claimed was worth up to $1 million. After "The Hills" ended, they even spent six months living at the Ritz Carlton in Costa Rica, ordering room service for themselves and their four dogs.

Spencer also shelled out around $1 million on clothes because he wanted to be seen as a serious A-lister, hoping to land a spot in fashion magazines next to Brad Pitt.

As their star power started to wane, Spencer developed a fascination with crystals, spending $500,000 on various pieces he believed would radiate positive energy. They also invested $2.5 million into Heidi's music career, which resulted in just one album that sold a mere 6,000 copies.

"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."

Pacific Palisades Home

In February 2017, Heidi and Spencer bought a house in Pacific Palisades, LA, for $2.52 million. By early 2025, it was valued at around $3.8 million. Sadly, Spencer revekaed that the hime was destroyed by the Palisades Fire on January 7, 2025.

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Early Life

Spencer Pratt, whose full name is Spencer William Pratt, came into the world on August 14, 1983, in Los Angeles, California. His sister, Stephanie Pratt, followed in his footsteps and became a reality TV star, featuring in shows like "The Hills," "Made in Chelsea," "Celebrity Big Brother," and "Celebs Go Dancing."

Career

Spencer Pratt made his TV debut in 2005 on the short-lived show "The Princes of Malibu," where he also took on the role of executive producer. He hit it off with the show's star, Brody Jenner, playing the part of his manager/publicist/agent/stylist. This friendship opened the door for Pratt to join the cast of MTV's "The Hills," a spin-off of "Laguna Beach: The Real Orange County."

The series followed the lives of Lauren Conrad, her roommate Heidi Montag, and their friends Audrina Patridge and Whitney Port. Pratt and Montag started dating and moved in together in 2007, which caused a rift between Montag and Conrad. In season 3, Conrad ended her friendship with Montag after suspecting Pratt of spreading rumors about a sex tape involving her and her ex, Jason Wahler. The drama between the trio continued throughout the series.

In 2007, Pratt got involved in Montag's music career, rapping a verse on her single "Body Language" from her debut album and directing the music video for her track "Higher."

In April 2009, Pratt joined the reality show "I'm A Celebrity… Get Me Out Of Here" to support the Feed the Children foundation, where he was baptized by Stephen Baldwin alongside his wife, Heidi Montag, whom he had just married. After just four days, they left the show, claiming NBC had put them through "torture."

They later returned but exited again due to Montag being hospitalized for a gastric ulcer. That same year, they made a cameo as themselves on "How I Met Your Mother." In 2010, Pratt and Montag made their final appearance on "The Hills" during the sixth and last season. For his role on the show, Spencer earned the title of "Greatest Reality TV Villain" in a fan poll by Yahoo.

The couple has made appearances on popular reality shows like "Marriage Bootcamp: Reality Stars" and "Celebrity Wife Swap," where they switched lives with Olympic swimmer Amanda Beard and her husband, photographer Sacha Brown. While on "Marriage Boot Camp," Pratt hit it off with "Survivor" champ Tyson Apostol, and they started a weekly podcast called "The Spyson Hour" to discuss the show. Although the podcast continued, Pratt exited in October 2015.

Spencer and Heidi also took part in the UK version of "Celebrity Big Brother" in 2013 and again in 2017. During their first season, they famously clashed with singer and TV personality Rylan Clark, ultimately finishing as runners-up to him. In February 2013, Channel 5 aired a special titled "Speidi: Scandals, Secrets, & Surgery," which explored Montag and Pratt's rise to fame. They also featured in the E! special "After Shock: Heidi & Spencer."

In 2019, Heidi and Spencer made their comeback to MTV with the reboot of "The Hills: New Beginnings."

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Personal Life

Heidi and Spencer tied the knot in 2008 but had a proper wedding ceremony in 2009. In July of that year, Montag filed for divorce from Pratt, claiming they had irreconcilable differences. However, just two months later, they revealed that the whole thing was a publicity stunt to help Montag's struggling career. They ended up renewing their vows in November 2009 in Carpinteria, California. During the same month, both of them publicly stated their belief that the September 11th attacks were orchestrated from within. Spencer mentioned he wanted to leverage his fame to inform people about the New World Order.

The couple has two sons, Ryker and Gunner.

Pratt has gained a following on Snapchat by sharing stories about his family, everyday life, and his love for hummingbirds. He was nominated for Snapchatter of the Year at the 10th Annual Shorty Awards in January 2018 and took home the award.

In 2013, Spencer finished his political science degree at the University of Southern California, a decade after he had left to chase a career in TV.

These days, he runs a crystal shop called Pratt Daddy Crystals.

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Spencer Pratt's journey from reality TV villain to a successful entrepreneur is a testament to his resilience and adaptability. Despite facing financial struggles and public scrutiny, he has turned his life around by embracing new ventures like his crystal business, Pratt Daddy Crystals, and maintaining a strong presence on social media.

Spencer's net worth of $2 million reflects his ability to learn from past mistakes and make strategic moves for his future. Today, he continues to thrive in both his personal and professional life, proving that with perseverance, anyone can overcome challenges and find success.