How The Hill's Heidi Montag And Spencer Pratt Lost Millions By Overspending

Since The Hills ended, fans of the show have learned a lot. For example, fans learned what happened to Justin Bobby and about what Lauren Conrad and Heidi Montag's relationship was like.

Given that Brendan Fraser went broke and Pamela Anderson isn't rich, fans likely won't be surprised that has happened to some The Hills stars too. Still, it is staggering to learn about the mistakes that Heidi Montag and Spencer Pratt made that cost them their fortune.

Spencer Pratt And Heidi Montag Lost Millions Because Of Foolish Financial Decisions

When some people become famous, they go to great lengths to make it seem like their life hasn't changed that much. Alternatively, some celebrities immediately seem to do everything they can to flaunt how rich they've become.

When Spencer Pratt and Heidi Montag became famous, they always seemed to enjoy flaunting their lifestyle. In fact, before Spencer really was famous, he starred in The Princes of Malibu, a reality that portrayed him and Brody Jenner as rich and spoiled brats.

However, based on what Heidi and Spencer once stated during a 2016 People interview, there was a time when they didn't have much to flaunt. The reason for that is, the couple revealed they made bad financial decisions that made them lose their fortune.

According to the People report about the couple's financial picture at the time, Heidi and Spencer were making more than $2 million per year at the height of their careers. With that kind of money coming in, the duo should have been able to save more than most people will make in a lifetime.

However, it turns out that isn't what happened. According to Spencer, at that time, the couple spent at a staggering rate in an attempt to live like they were movie stars.

“We were keeping up with the Joneses, but we were going against Tom Cruise and Katie Holmes. We should have stayed in our reality TV lane.”

According to what Heidi told the outlet, she spent money the couple couldn't afford because she was pretending.

“I was kind of playing house. I felt like I was someone I wasn’t."

As the article continued, People outlined some of the ways that Spencer and Heidi spent money to seem wealthier than they were. Looking at some of the numbers, it is very easy to see how the couple lost everything based on their excessive spending.

Most notably, the outlet reported that $1 million was spent on Heidi's luxury designer wardrobe. That figure gives observers an idea of the staggering amount of money it costs to clothe celebrities when they appear at red carpet events.

Fortunately for most celebrities, they don't have to spend the kind of money that Heidi Montag did on her wardrobe. As a February 2020 Global News article reports, most of the outfits that celebrities wear at red carpet events are lent to them for free by designers.

The same People article outlined how the couple employed a full staff and detailed how bodyguards could cost $15,000 for a night out. While that is a lot of money, it is easy to see why Heidi and Spencer would have felt the need to make sure they had bodyguards in public. After all, there have been a lot of people who hate Heidi and Spencer.

Who are the top 10 reality stars fans love to hate, according to Screen Rant?

People also reported that the couple estimated that Spencer's crystal collection cost them roughly $1 million. On top of all those staggering expenses, Heidi and Spencer admitted they would regularly buy $3,000 bottles of wine when they went out.

During the same People interview, Heidi admitted that she and Spencer had people warning them to cut their spending.

"We had business managers who told us to stop spending but we acted like we knew what we were doing.”

Heidi also reflected on how it felt to realize that she and Spencer spent their entire fortune. “I was feeling so alone and defeated. Everyone else on our cast had houses and we had nothing to show for what we’d done. I was like, the haters were right! It was sad.”

Heidi Montag And Spencer Pratt's Overspending Forced Them To Star In So Many Reality Shows

Since The Hills made Heidi Montag and Spencer Pratt famous, the couple has starred in a slew of reality shows. For example, the couple starred in seasons of Celebrity Big Brother, I'm a Celebrity...Get Me out of Here!, and Celebrity Wife Swap.

The fascinating thing about Heidi Montag and Spencer Pratt's many reality show appearances is that they sometimes seem miserable. For example, as a recap article from Sea Coast Online reveals, they discussed quitting I'm a Celebrity...Get Me out of Here! almost immediately.

While filming that show would have been hard for them, that seemed surprising. After all, since Heidi and Spencer have signed up for so many reality shows, it seems like they should be happy to be starring in one.

However, during Heidi and Spencer's aforementioned People interview, the couple revealed the real reason why they've starred in so many reality shows.

According to what Heidi told the outlet, they don't star in reality shows because they love them and the attention they get. Instead, they were forced to star in reality shows because of their money problems.

“We make most of our income from reality shows.”

Heidi also claimed the couple pretended to have troubles in their marriage just to get cast in reality shows like Marriage Boot Camp: Reality Stars 2. “We’re doing fine. Each show is like an audition for the next.” Of course, Heidi and Spencer are far from the first reality stars to admit faking drama for TV.