Money in the bank? The Hills alums Heidi Montag and Spencer Pratt rose to fame while appearing on the iconic MTV reality series from 2006 to 2010 — and it made the now-married couple a pretty penny over the years. But how much are they actually worth today?
What is Heidi Montag and Spencer Pratt’s Net Worth?
The husband-and-wife duo are estimated to be worth $300,000 combined in 2022, which is a far cry from their peak net worth of $10 million.
How Did Heidi Montag and Spencer Pratt Make Money?
Heidi starred on The Hills opposite her then-BFF Lauren Conrad, as well as castmates Audrina Patridge and Whitney Port, during season 1. Spencer joined the cast in season 2. The couple continued to appear regularly on the series until its end in 2010 but were removed by producers during the final season due to an alleged confrontation between Spencer and a producer. The pair were married in 2008 while the show was still on air.
Outside of The Hills, Heidi went on to appear in several other reality series, including Famous Food and Celebrity Big Brother. As a couple, she and Spencer competed on I’m a Celebrity…Get Me Out of Here. They also starred on Marriage Bootcamp: Reality Stars and appeared in an episode of Celebrity Wife Swap, during which they traded lives with Olympic swimmer Amanda Beard and her husband, photographer Sacha Brown.
In 2019, Heidi and Spencer returned to The Hills reboot, The Hills: New Beginnings, and starred in the two season of the MTV show.
How Did Heidi Montag and Spencer Pratt Lose Their Fortune?
In 2013, the couple revealed to In Touch that they had spent the majority of their $10 million fortune and were forced to adjust their lifestyle.
“We were immature and, we got caught up,” Spencer told the outlet at the time. “Every time we’d go out to eat, we’d order $4,000 bottles of wine. Heidi was going to the mall and dropping $20,000 to $30,000 a day. We thought we were Jay Z and Beyoncé.” He previously admitted to spending “probably spent a million dollars on suits and fancy clothes” in an interview with The Daily Beast. “My whole million-dollar wardrobe — I would never wear that again. They’re props.”
The couple also revealed the same year that they spent their money so quickly in anticipation of the apocalypse. “The thing is, we heard that the planet was going to end in 2012,” Spencer told OK magazine in 2013. “We thought, ‘We have got to spend this money before the asteroid hits.'”
Heidi also underwent 10 plastic surgery procedures in one day in 2009, which cost an estimated $200,000.
“It’s really easy to spend millions of dollars if you’re not careful and you think it’s easy to keep making millions of dollars,” Spencer told Money in 2018. “The money was just coming so fast and so easy that my ego led me to believe that ‘Oh, this is my life forever.'”
Spencer revealed the couple lost nearly all of their money for a second time in May 2021, after his Pratt Daddy Crystals business struggled amid the coronavirus pandemic.
“I mean I obviously didn’t want to show that our really successful crystal business made us go broke like that,” Spencer told The Sun about how he didn’t want viewers to see the couple’s financial woes on The Hills: New Beginnings.
“In a perfect world, I would have liked to have continued being a successful company and I didn’t enjoy talking about, you know, pretty much losing our business and having to let go of most of our employees. So that was not fun to talk about something you’re so proud of and happy and excited about just going to the garbage,” he added.
Heidi’s Music Career
Following her reality TV fame, Heidi attempted to break into the music industry. She released her debut album, Superficial, in 2010. It was an initial success, selling more than 1,000 copies within the first week. According to The Jr Report, her music career was launched with a $3 million investment and ultimately resulted in more than 6,000 sales.
In total, Heidi has recorded one studio album, three EPs and 10 singles. None have found enough success to restore her and Spencer’s net worth to its former status.
After Heidi initially made efforts to establish a career as a singer and songwriter between 2008 and 2010, she returned to music in 2019. In an episode of MTV’s The Hills: New Beginnings that year, the reality star discussed her music comeback, explaining that she wanted to create Christian pop music.
“I really want to put out a great, faith-based, positive song,” she said in the episode, later telling Spencer that she wants to be a “pop princess.”