American former spokesman for Subway restaurants and Convicted Felon
#81 in Public Speakers today
As of 2024, Jared Fogle’s net worth is $5 million. You might remember him as the guy who used to be the face of Subway in their ads. Back landing in jail, he had a peak net worth of $30 million.
But things took a nosedive for Fogle after a messy divorce settlement and having to pay restitution, which led to him ultimately losing 80% of his wealth.
There were rumours that, Fogle has at one point in time offered $1 million to a Hollywood actress to ‘accompany’ him to a trip to Vegas for a day. Apparently, she rejected the offer.
Jared Fogle Net Worth 2024
Full Name | Jared Scott Fogle |
Net Worth | $5 Million |
Peak Net Worth Before Jail | $30 Million |
Peak Annual Salary | $2 Million |
Real Estate Assets | $1.9 Million |
Peak Net Worth
At the height of his career, Jared Fogle was a very successful motivational speaker drawing sold-out crowds. He was also being paid $1.5 million annually by Subway for being their official model and spokesperson. Through his motivational training, Fogle was earning $700k annually.
Back in 1999, when he was a student at Indiana University Bloomington, Fogle dropped a whopping 245 pounds (111 kg) by chowing down on Subway sandwiches and going for walks.
When Subway got wind of his journey, they liked it so much they asked him to be the face of their brand. Fogle starred in Subway commercials from 2000 to 2015, turning into one of their most successful advertising stories.
Financial Struggles
In July 2015, Jared’s home was raided as part of an FBI investigation into child pornography. After his arrest, his wife Katie McLaughlin filed for a divorce and took away $8 million worth of his assets and cash as part of the settlement.
Additionally, Jared Fogle ended up paying $6 million in restitution to 13 victims and is now serving a 15-year prison sentence at the Federal Correctional Institution Englewood near Littleton, Colorado. He also spent $3.9 million on lawyer fees and penalties.
What is Jared Fogle’s financial situation today?
Despite the divorce settlement and legal troubles, Jared Fogle is still a relatively wealthy man. He owns three real estate properties in Indiana and California.
His 3-bedroom villa in Los Angeles is valued at $1.4 Million and his 200-acre land in Indiana has a market value of $1 million today.
Arrest and Conviction
In 2015, Fogle was arrested by the FBI on charges of child sex tourism and possessing child pornography. He was accused of paying to have sex with underage girls and possessing thousands of images and videos of child pornography.
Fogle pleaded guilty to one count of child sex tourism and one count of possessing child pornography.
He was sentenced to 15 years and eight months in prison, a lifetime of supervised release, a $175,000 fine plus forfeiture of $50,000 (a total of $225,000), and $6 million restitution.
FAQs
Jared Fogle was sentenced to 15 years and 8 months in prison for child sex tourism and possessing child pornography.
Jared Fogle was caught after a long-term investigation by the FBI. The investigation began in 2014 after a woman reported to police that Russell Taylor, the former director of Fogle's Jared Foundation, had offered to send her images of child pornography.
Jared Fogle reportedly earned a salary of $1.5 million per year during his 16-year stint as a Subway spokesperson. He also made money from merchandise sales and speaking engagements.