Spencer Pratt, former reality TV star turned Republican Los Angeles mayoral candidate, confirmed that he lost millions — and shared his reason why, TMZ reported on Tuesday.
Pratt was a guest on the "No Jumper" podcast on Monday when he defended his goals to be famous and how he lost $10 million in his 20s, at the height of his reality television career. The former star of "The Hills" and MAGA-friendly candidate has challenged incumbent Mayor Karen Bass for the top city job, arguing that Bass has misused taxpayer funding and describing what led him to lose part of his own fortune amid criticism over his spending, according to TMZ.
"I had great dinners, I treated a lot of friends," Pratt said.
"I was supporting people, I was funding rappers, MMA fighters, I had so many people I was taking care of with that money," he said. "You go ask them right now — [I was] buying my friends' suits so they could go be real estate agents. I was a very good person to be friends with, with that money. I'll run it back right now, this is what's going to stop me from being mayor, those decisions? I would have done all those decisions again."
He said if it doesn't work out on Election Day, he would go back to his old business — Pratt Daddy.
"And if I don't get elected, I'm going to go back to selling healing crystals and being with my family... I'll just be eating my tacos at Don Antonio's," he added.
Spencer Pratt defends blowing through $10 million years before his L.A. mayoral run.
🎥: No Jumper pic.twitter.com/ful8cHTQhm
— TMZ (@TMZ) June 2, 2026