Reality Stars Spencer Pratt & Heidi Montag Went Broke & Lost Their Million-Dollar Fortune Years Ago–This Is How They’re Planning to Earn It Back
Hollywood is filled with plenty of success stories. Unfortunately, it seems like it’s also brimming with the opposite. Infamous reality stars Spencer Pratt and Heidi Montag’s story is a mix of the two extremes. Finding success early on in their career, the couple eventually fell into hard times after years of poor decisions.
Shot to Fame
The couple first shot to fame when they appeared on the hit MTV reality television show ‘The Hills‘. The series ran for six seasons from 2006 to 2010. It revolved around the daily and professional lives of various young women living and working in Los Angeles. Originally focussing on now fashion designer and writer, Lauren Conrad, the show eventually featured Montag, who happened to be Conrad’s friend and housemate at the time. It was actually on the show that Montag began her relationship with Pratt, who was also on the cast of the series.
After their stint on ‘The Hills’, they moved on to star in other, more controversial reality shows such as ‘I’m a Celebrity…Get Me Out of Here!’ and the British version of ‘Celebrity Big Brother’. Montag even released a studio album ‘Superficial’ in 2010.
Because of their success on the show, Pratt and Montag accumulated a fortune of $10 million. However, they reportedly blew through it just within two years. And come the finale of ‘The Hills’, they were already broke.
In an interview with In Touch Weekly, Pratt talked about how they lost their million-dollar fortune citing their outrageous spending habits. Revealing how they thought they were ‘Jay Z and Beyoncé’ at the time, the reality star revealed that they would spend thousands of dollars when they go out to eat with Montag even going on shopping sprees dropping up to $30,000 in a day.
There’s also her notorious and highly publicized spending on plastic surgery procedures in late 2009. According to reports, the reality star even had 10 procedures done within just a day and spent upwards of $30,000 for them.
In another interview, Pratt also reflected on how easy it was blowing through millions of dollars could be when one’s not being careful enough. With how fast the money was coming in, Pratt said that he thought it would be his life forever.
Now, older and perhaps wiser, the couple is making a comeback to the spotlight as they star on the reboot of the reality show that made them famous. They currently appear in ‘The Hills: New Beginnings‘. The show has been picked up for a second season, too.
Meanwhile, they’ve also started promoting ‘crystal therapy’. According to Money, Pratt sells his crystal via SnapChat and his own website where he also sells apparel.
More in Pocket Change
Coronavirus and Retirement: Mistakes to Avoid with Your 401(k)
Anyone who got accustomed to viewing his 401(k) account balance move higher for a considerable length of time, the market’s ongoing...April 29, 2020
This L.A. Abode Was HGTV Star Leanne Ford’s ‘Forever Home’ Until She Realized Something Life-Changing
When HGTV star Leanne Ford decided to take on this renovation project of a house located in Rustic Canyon in...April 29, 2020
List of Wealthiest Charitable Foundations and Their Area of Focus
Here are some of the wealthiest foundations which are listed according to their net assets. Bill and Melinda Gates Foundation The...April 27, 2020
A 3 Minute Read for Students who are Thinking about Launching Their Careers During the Outbreak
Usually, graduates who receive their diplomas and degrees always have new jobs available for them in the job market and are...April 23, 2020
The Career Woman’s Guide to Managing Stress
It’s not easy keeping a balance between striving for professional success and maintaining a happy personal life. With all the things...April 22, 2020
New McLaren Sports Series Hybrid Seen in Production Bodywork
Although the camouflage is quite heavy, one can clearly see that the new McLaren prototype is going to follow the tract...April 22, 2020
A Noob’s Duide to Investing in a Bear Market
If you looked closely at the stock movements these days, there is a question that you might ask. The bear market...April 21, 2020
Want to Save More During the Crisis? These Are the Expenses You Should Give up ASAP
Due to the aftermath of the coronavirus pandemic, the economy has reportedly gone into a recession. That, paired with the sudden...April 21, 2020
Is The CARES Act Making Everyone Happy? Here’s What Many Have to Say
Almost 3 million people who own their own houses have benefitted from a program that has been designed to provide assistance...April 21, 2020