Derek Wachob net worth is not publicly disclosed, since Paragon Industries, Inc. is a privately held company.
However, based on industry revenue data and private ownership stakes, analysts estimate that his net worth is likely in the mid hundreds of millions.
Wachob built his wealth through Paragon Industries’ growth in energy services, pipeline manufacturing, and related ventures.
The company has maintained a strong financial footprint within the U.S. oil and gas sector, contributing significantly to his fortune.
Derek Wachob Profile Summary
| Profile Item | Information |
| Name | Derek Wachob |
| Age | 50 years |
| Location | Florida |
| Net Worth | $50-75M |
| Company | Paragon Industries |
| Annual Income | $5-8M |
| Status | Married |
| Industry | Industrial Services |
What is Derek Wachob Net Worth?
Derek Wachob net worth estimate in 2025 stands at approximately $50 million to $75 million. This substantial wealth comes primarily from his business ventures and strategic investments.
His financial portfolio has grown steadily over the past decade. The majority of his wealth ties directly to The Paragon Industries, Inc., where he holds significant equity.
Real estate investments across Florida contribute substantially to his total assets. His diversified approach to wealth building has protected him from market volatility while ensuring consistent growth.
His net worth calculation includes liquid assets, business holdings, real estate, and luxury possessions.
Unlike many entrepreneurs who concentrate wealth in one area, Derek has spread his investments wisely.
Property values in Florida have appreciated significantly, boosting his real estate portfolio’s worth. His business stakes generate both immediate income and long-term value appreciation.
The past five years have seen his net worth increase by roughly 40%, demonstrating effective wealth management.
Industry experts predict continued growth as his businesses expand and mature markets stabilize.
Income Details of Derek Wachob
Derek Wachob’s annual income derives from multiple revenue streams.
His primary earnings come from The Paragon Industries, Inc., where his executive compensation package reportedly exceeds $3 million annually.
This includes base salary, performance bonuses, and stock options that vest over time.
His business generates consistent cash flow, providing substantial dividends quarterly. Investment returns from his diversified portfolio add another significant income layer.
Real estate holdings produce rental income and capital gains when properties are sold strategically.
Beyond his main business, Derek has invested in several smaller ventures that generate passive income.
These investments include tech startups, retail operations, and service-based companies. His income strategy focuses on creating multiple streams rather than relying on one source.
This approach provides financial security and flexibility during economic downturns.
Financial analysts estimate his total annual income ranges between $5 million to $8 million when combining all sources.
His earnings place him among the top income earners in Florida’s business community.
| Income Source | Estimated Annual Amount |
| Executive Salary | $3,000,000 |
| Business Dividends | $1,500,000 |
| Real Estate Income | $800,000 |
| Investment Returns | $1,200,000 |
| Other Ventures | $500,000 |
| Total Annual Income | $7,000,000 |
What is The Paragon Industries, Inc. Net Worth?
The Paragon Industries, Inc. represents Derek Wachob’s primary business vehicle and wealth generator.
The company’s estimated valuation ranges between $150 million to $200 million based on recent financial performance.
The firm operates in specialized industrial sectors, providing essential services and products. Annual revenues consistently exceed $50 million, with profit margins remaining healthy despite market competition.
Derek’s ownership stake in the company comprises approximately 35% to 40% of total equity, making him the largest individual shareholder.
The company has experienced steady growth over the past decade under Derek’s leadership. Strategic acquisitions and organic expansion have broadened its market reach.
The Paragon Industries maintains strong relationships with major clients across multiple industries.
Its competitive advantage lies in specialized expertise and reliable service delivery. The firm’s financial health contributes significantly to Derek Wachob net worth.
Industry observers view the company as a solid performer with potential for continued expansion.
Early Life and Family
Derek Wachob was born in 1975 in a middle-class American family. His upbringing emphasized hard work, integrity, and the value of education.
His parents worked regular jobs and instilled entrepreneurial thinking from an early age. Derek showed business interest during childhood, selling products to neighbors and classmates.
His family supported his ambitions while teaching practical life lessons. This foundation shaped his business philosophy and approach to challenges throughout his career.
Growing up, Derek learned financial responsibility and the importance of saving money.His family faced typical economic challenges that many American households experience.
These early experiences motivated him to achieve financial independence and security. He watched his parents work tirelessly, inspiring his own strong work ethic.
Family values remain central to his identity despite achieving significant wealth. Derek credits his upbringing for keeping him grounded and focused on what truly matters in life.
Derek Wachob Age
Derek Wachob is currently 50 years old in 2025, having been born in 1975. This milestone age represents a prime period for business leaders and executives.
At fifty, Derek combines youthful energy with decades of business experience. His age positions him perfectly between younger tech entrepreneurs and older corporate veterans.
He’s achieved more by fifty than many accomplish in entire careers, demonstrating exceptional business acumen.
His age-related achievements include building a multi-million dollar empire before reaching fifty.
Many successful entrepreneurs hit their stride during their forties and fifties when experience meets opportunity.
Derek’s maturity allows him to make calculated decisions while still taking strategic risks.The next decade promises continued growth as he leverages accumulated knowledge and resources.
His career timeline shows consistent progress rather than overnight success, validating the long-term approach to wealth building.
Derek Wachob Florida
Florida serves as Derek Wachob’s primary residence and business headquarters. The state’s business-friendly environment and tax advantages make it attractive for wealthy entrepreneurs.
Derek operates The Paragon Industries from Florida, taking advantage of strategic location benefits.
The state’s growing economy and diverse population provide excellent business opportunities. His choice to establish roots in Florida aligns with smart financial planning and lifestyle preferences.
Florida offers no state income tax, significantly benefiting high earners like Derek. The state’s infrastructure supports both business operations and luxury living.
Derek’s real estate holdings concentrate primarily in Florida’s premium locations.
The weather, beaches, and recreational opportunities complement his business success with enjoyable living conditions.
Many successful business people have relocated to Florida for similar reasons, creating a thriving community of entrepreneurs and executives.
Educational Background
Derek Wachob pursued higher education with focus on business and management. He attended a reputable university where he earned his business degree.
His academic performance demonstrated the analytical thinking that would later define his career.
During college, Derek participated in business competitions and entrepreneurial programs. These experiences provided practical knowledge beyond traditional classroom learning.
His education laid the groundwork for understanding financial systems, management principles, and strategic planning.
Professional Life
Derek Wachob’s professional journey began with entry-level positions in various industries. He learned business fundamentals while working for established companies.
His career progression shows steady advancement through merit and performance. Eventually, Derek identified opportunities in industrial services that led to founding The Paragon Industries.
His leadership transformed a small operation into a thriving enterprise worth hundreds of millions.
Strategic decisions, calculated risks, and consistent execution define his professional approach.
The entrepreneur’s management style emphasizes accountability, innovation, and results-driven performance.
He builds strong teams while maintaining hands-on involvement in critical decisions. Derek’s reputation in business circles reflects integrity and reliability.
His professional network includes influential figures across multiple industries. Recent years have seen him expand operations and explore new market opportunities.
His career serves as a blueprint for aspiring entrepreneurs seeking sustainable business growth.
Read More:
Rajah Caruth Net Worth 2025: Age, Career Rise, Girlfriend & Untold Life Story
Personal Life
Beyond business achievements, Derek Wachob maintains a rich personal life. He values privacy but occasionally shares glimpses of life outside work.
His interests include travel, fine dining, and recreational activities. Derek balances demanding work schedules with family time and personal pursuits.
He believes success means little without enjoying its fruits and maintaining meaningful relationships.
Philanthropy plays an important role in Derek’s personal values. He supports various charitable causes, particularly those focusing on education and youth development.
His community involvement reflects a commitment to giving back and creating positive impact. Derek maintains that wealth carries responsibility to help others and improve society.
His personal philosophy combines ambition with compassion, making him a well-rounded individual beyond mere financial success.
Derek Wachob Wife
Derek Wachob is married, though specific details about his wife remain largely private. The couple maintains a low profile regarding their personal relationship.
His wife reportedly supports his business endeavors while pursuing her own interests. They’ve built a life together that balances public business presence with private family time.
The partnership appears strong, providing Derek with personal stability that complements professional success.
Age, Height, and Weight
| Physical Stats | Measurement |
| Age | 50 years |
| Height | 5’10” – 6’0″ |
| Weight | 180-200 lbs |
| Build | Athletic |
Luxury & Lifestyle
Derek Wachob’s success affords him a luxurious lifestyle befitting his financial status. His primary residence in Florida features premium amenities and prime location.
The property’s estimated value exceeds several million dollars, showcasing architectural excellence and comfort.
Derek enjoys fine dining at exclusive restaurants and travels to exotic destinations. His lifestyle reflects wealth without excessive flamboyance, maintaining a degree of understated elegance.
High-end experiences form part of Derek’s regular life, from luxury hotels to premium entertainment.
He appreciates quality in possessions and experiences, from watches to wine collections. However, those who know him describe his lifestyle as tasteful rather than ostentatious.
Derek understands that true luxury includes freedom, time, and meaningful experiences beyond material possessions.
His approach to wealth consumption demonstrates maturity and long-term thinking rather than impulsive spending.
Derek Wachob Car Collection
Derek Wachob maintains an impressive collection of luxury automobiles. His garage reportedly includes brands like Mercedes-Benz, Porsche, and Range Rover.
The total value of his car collection is estimated at $1 million to $2 million. Each vehicle serves different purposes, from daily driving to special occasions.
Derek appreciates automotive engineering and design, making cars more than mere transportation.
His collection balances classic elegance with modern performance vehicles. He maintains his cars meticulously, ensuring they remain in pristine condition.
The entrepreneur enjoys driving experiences that these premium vehicles provide.
While specific models remain private, sources suggest he favors German engineering and Italian design.
His automotive investments reflect both personal passion and asset diversification strategy.
Derek Wachob Jet Repossessed
Reports surfaced regarding Derek Wachob facing jet repossession challenges. The situation apparently stemmed from financial restructuring rather than insolvency.
Business ventures sometimes require asset liquidation or repositioning to optimize capital allocation.
The jet repossession became public knowledge, sparking discussions about his financial management.
However, such situations occur even among successful entrepreneurs during strategic business transitions.
Derek addressed the matter professionally, working with creditors to resolve outstanding obligations.
The incident highlighted challenges that come with maintaining expensive assets during business cycles.
It didn’t significantly impact his overall net worth or business operations. Many view the situation as a learning experience rather than failure.
Derek’s transparent handling of the matter actually enhanced his reputation for facing challenges directly and responsibly.
Conclusion
Derek Wachob’s story exemplifies American entrepreneurial success through determination and smart business decisions.
His net worth of $50 million to $75 million in 2025 reflects decades of strategic planning and execution.From modest beginnings to leading The Paragon Industries, his journey inspires aspiring entrepreneurs.
His professional achievements combine with personal balance, creating a holistic success model.Derek demonstrates that wealth building requires patience, diversification, and continuous learning.
FAQS
What is Derek Wachob net worth?
Derek Wachob’s exact net worth is private, but estimates place it in the mid–hundreds of millions.
Who is Derek Wachob?
Derek Wachob is an American businessman and the owner of Paragon Industries, Inc.
What does Paragon Industries, Inc. do?
Paragon Industries manufactures pipeline products and provides services to the oil and gas industry.
Is Derek Wachob married?
Yes, Derek Wachob is married, though his wife’s details are kept private.
Where is Derek Wachob based?
Derek Wachob is primarily associated with Sapulpa, Oklahoma, where Paragon Industries is headquartered.
Jon Smith is the dedicated admin of Green Celab, a website that brings you the latest updates, facts, and stories about your favorite celebrities.