Pete Hegseth, the former news anchor and political commentator, has officially stepped into his new role as the U.S. Secretary of Defense. The swearing-in ceremony, held shortly after his Senate confirmation, was a heartwarming family moment—with his wife, Jennifer Rauchet, and their seven children cheering him on.
Vice President JD Vance presided over the oath-taking, following a closely contested Senate vote where Vance cast the deciding ballot in a 50-50 tie. In his first remarks after being sworn in, Hegseth emphasized a strong yet measured approach to national security: “Our goal is not to seek conflict, but if forced into battle, we will respond with decisive power to protect our nation. America comes first, and true peace is achieved through strength.”
What’s Pete Hegseth’s Net Worth in 2025?
According to a financial disclosure filed with the U.S. Office of Government Ethics in August 2024, Hegseth’s estimated net worth sits at around $1 million. His portfolio includes exchange-traded funds (ETFs) valued between approximately $380,000 and $850,000.