Latest news with #DefenseSecretary

ABC News
4 hours ago
- General
- ABC News
US sounds alarm over Taiwan invasion warning
US Defense Secretary Pete Hegseth sounds alarm over "imminent" threat of China invading Taiwan. China rejects his remarks, calling them "groundless accusations".
Yahoo
4 hours ago
- Business
- Yahoo
Pete Hegseth Net Worth—Here's How the Secretary of Defense Built His Wealth
Defense Secretary Pete Hegseth has built his wealth through his time as a host for Fox News, speaking engagements, and book royalties. Hegseth and his wife, former Fox News producer Jennifer Hegseth have a net worth of $3 million, according to an estimate by Forbes. Hegseth has earned between $100,000 and $1 million in royalties for his books.U.S. Secretary of Defense Pete Hegseth has built his multimillion-dollar wealth through his time as a host for Fox News, speaking engagements, and book royalties. Hegseth was a television commentator before joining President Donald Trump's second administration; he also served in the Army National Guard for several years, and was part of several active-duty deployments. He was confirmed in January. Hegseth and his wife, former Fox News producer Jennifer Hegseth, have an estimated net worth of $3 million, according to Forbes. Here's how Hegseth made his millions. Prior to his role as Secretary of Defense, Hegseth was a co-host on Fox News's "Fox & Friends Weekend." Hegseth reported a total of $4.6 million in salary for 2023 and 2024 as a Fox News host on his most recent financial disclosure. Hegseth has earned at least $900,000 from 41 speeches listed on his financial disclosure. Hegseth has earned anywhere from $10,000 to $20,000 and up to $150,000 per speech, according to the disclosure. Hegseth also receives royalties from the books he has written. He received $348,000 as an advance for his book "The War on Warriors", and $150,00 in advance for his book "Battle for the American Mind", per his financial disclosure. The former Fox News host also earned between $100,000 and $1 million in royalties for each book. (The disclosure only requires that a range be provided.) Per his disclosure, Hegseth earned anywhere from $100,000 to $1 million on a rental house in Baltimore, Md. Hegseth and his wife also own an estate in Goodlettsville, Tenn,, worth an estimated $3.2 million and which costs about $19,000 per month in mortgage, according to an estimate by Forbes. Hegseth also owns between $15,000 and $50,000 in bitcoin, per his disclosure. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
9 hours ago
- General
- Bloomberg
China Blasts Hegseth as Defense Minister Avoids Singapore Forum
China expressed 'strong dissatisfaction' with US Defense Secretary Pete Hegseth for his speech at a Singapore defense forum on Saturday, even as Beijing declined to send its top military diplomat to the annual event. Hegseth chided China during the Shangri-La Dialogue, noting how the nation didn't send a high-profile representative to the gathering. It was the first time Beijing hasn't sent a defense minister to the forum since 2019, depriving China from conducting diplomacy with top military officials from around the globe and pushing its vision for regional security.
Yahoo
a day ago
- General
- Yahoo
Hegseth Vows ‘Devastating Consequences' if China Seeks to Invade Taiwan
Defense Secretary Pete Hegseth said China's threat to Taiwan 'could be imminent,' in what was his most assertive statement to date on Taiwan during a security conference in Singapore. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- General
- Yahoo
Hegseth Vows ‘Devastating Consequences' if China Seeks to Invade Taiwan
Defense Secretary Pete Hegseth said China's threat to Taiwan 'could be imminent,' in what was his most assertive statement to date on Taiwan during a security conference in Singapore.