Spencer Pratt, an American reality television personality, rose to prominence through MTV’s The Hills (2007-2010). Born on August 14, 1983, in Los Angeles, California, Pratt gained fame alongside his wife, Heidi Montag, becoming one of the most talked-about figures in reality television. Today, Spencer Pratt’s net worth is estimated at $2 million, a stark contrast to the $10 million fortune he and Montag reportedly squandered during their peak fame.
Early Life and Career Beginnings
Spencer William Pratt was raised in Los Angeles and developed an interest in media and entertainment early on. He has a younger sister, Stephanie Pratt, who also ventured into reality television, appearing in shows like The Hills, Made in Chelsea, and Celebrity Big Brother. Spencer’s first major break came in 2005 as the executive producer and cast member of the short-lived reality series The Princes of Malibu. This opportunity introduced him to Brody Jenner, setting the stage for his role on The Hills.
Rise to Fame: The Hills and Beyond
Spencer Pratt’s life changed dramatically when he joined the cast of The Hills, a spin-off of MTV’s Laguna Beach: The Real Orange County. The show chronicled the lives of Lauren Conrad, Heidi Montag, and their friends. Pratt’s relationship with Montag became a central storyline, especially after it strained Montag’s friendship with Conrad. Pratt’s manipulative antics earned him the title of “Greatest Reality TV Villain” in Yahoo’s fan-voted poll.
During this time, Pratt was also involved in Montag’s music career, appearing in her debut single “Body Language” and directing the music video for “Higher.” However, their combined fame came with a price as the couple’s reputation grew controversial.
Lavish Spending and Financial Struggles
At the height of their fame, Heidi and Spencer Pratt’s combined net worth reached $10 million. However, their extravagant lifestyle quickly drained their fortune. They admitted to spending recklessly, with Heidi splurging $1 million on designer handbags and clothing, and undergoing $200,000 worth of plastic surgery procedures in a single day. Spencer, on the other hand, developed a fascination with crystals, spending up to $500,000 on a collection he believed emitted positive energy.
Other expenses included $100,000 per month on hair and makeup, $15,000-per-night bodyguards, and lavish dinners featuring $3,000 bottles of wine. They even spent $2.5 million on Montag’s music career, which produced an album that sold only 6,000 copies. Following the cancellation of The Hills, the couple moved to Costa Rica, where they lived at the Ritz-Carlton for six months, further depleting their savings.
In 2013, the couple admitted they were essentially broke. Pratt explained, “We thought we were Jay-Z and Beyoncé.” Their financial recovery required significant lifestyle changes, including living more sustainably and starting new ventures.
Career Resurgence: Reality TV and Entrepreneurship
Spencer Pratt and Heidi Montag made several reality TV appearances post-The Hills. They competed on I’m a Celebrity…Get Me Out of Here! in 2009 and Celebrity Big Brother UK in 2013 and 2017. Their roles on these shows helped them stay in the spotlight, with their controversial personalities creating memorable moments.
In 2019, the couple returned to MTV for the reboot The Hills: New Beginnings, which aired until 2021. During this time, Spencer also embraced social media, gaining a loyal fanbase through his Snapchat content showcasing his family life, love for hummingbirds, and crystal business.
Spencer Pratt married Heidi Montag in 2008, with a formal ceremony held in 2009. Despite a brief period in 2009 when Montag filed for divorce—later revealed as a publicity stunt—the couple’s relationship has endured. They renewed their vows in November 2009. The couple has two sons, Gunner and Ryker, born in 2017 and 2022, respectively.
Pratt’s entrepreneurial ventures include Pratt Daddy Crystals, a business selling ethically sourced crystals. This endeavor reflects his passion for wellness and has contributed to the couple’s financial recovery.
Personal Life and Family
Pratt’s commitment to his family is evident in his social media content, where he frequently shares moments from their lives. In 2013, he completed a political science degree at the University of Southern California, fulfilling a long-held personal goal.
The Pacific Palisades Home
In February 2017, Spencer and Heidi purchased a home in Pacific Palisades for $2.52 million. The property’s value increased significantly, reaching an estimated $3.8 million by early 2025. Tragically, the home was lost to the Palisades Fire on January 7, 2025, marking a heartbreaking chapter in their lives.
A Legacy of Resilience
From his reality TV beginnings to his entrepreneurial ventures, Spencer Pratt’s journey reflects resilience and adaptability. Despite past financial missteps, Pratt and Montag have managed to rebuild their lives, embracing a more sustainable lifestyle and leveraging new opportunities. Today, Pratt’s $2 million net worth serves as a testament to his determination to overcome challenges and start anew.
Spencer Pratt’s story is a reminder that even the most dramatic rises and falls can lead to valuable lessons and fresh beginnings. His transformation from a controversial reality star to a dedicated family man and entrepreneur continues to inspire fans and followers alike.
