When it comes to business tycoons who’ve quietly built empires outside Silicon Valley, few names are as fascinating as Derek Wachob. Derek Wachob net worth has become a trending query in 2025 — and for good reason. He’s the low-profile powerhouse behind Paragon Industries, one of Oklahoma’s most successful oil and gas manufacturing companies.
So, how much is Derek Wachob worth today? Let’s dive deep into his biography, career, income sources, company valuation, and how he turned a family business into a multimillion-dollar enterprise.
Derek Wachob Net Worth Bio
| Attribute | Details |
| Full Name | Derek Wachob |
| Born | 1972 |
| Age (as of 2025) | 52 Years |
| Nationality | American |
| Profession | Entrepreneur, CEO |
| Known For | Owner of Paragon Industries |
| Estimated Net Worth (2025) | $10 Million (Approx.) |
| Industry | Oil & Gas, Steel Manufacturing |
| Company Value (2024) | $1.24 Billion (Est.) |
| Residence | Sapulpa, Oklahoma |
| Height | 5 ft 10 in |
| Weight | 106 kg |
Who Is Derek Wachob?
Born in Oklahoma in 1972, Derek Wachob is a second-generation businessman and the son of Jack Wachob, founder of Paragon Industries, Inc. From an early age, Derek was immersed in the industrial world — steel pipes, tubing, and the high-stakes energy sector.
He didn’t inherit wealth overnight. Instead, he learned the ropes by working within the family business. By combining traditional manufacturing values with modern innovation, Derek gradually became one of Oklahoma’s most respected industrial leaders.
“Business success isn’t about spotlight—it’s about consistency, innovation, and resilience,” — a quote attributed to Derek Wachob during a 2019 local industry event.
Career Journey and Rise to Success
Derek’s journey through Paragon Industries reflects steady growth, not flashy headlines. He started with hands-on operational roles, later taking charge of strategic expansion and modernization.
Under his leadership:
- The company adopted eco-efficient manufacturing techniques.
- Paragon expanded its product line to meet the oil & gas industry’s growing demand.
- It strengthened relationships with both domestic and international partners.
Today, Paragon stands as one of the most established steel manufacturing companies in Oklahoma, employing hundreds and servicing major energy clients across the U.S.
Inside Paragon Industries: The Core of His Wealth
Founded more than 43 years ago, Paragon Industries, Inc. specializes in the production of steel pipes and tubing for the energy and construction sectors. The firm’s value is estimated at $1.24 billion as of 2024, based on industry data and comparable private valuations.
Key Facts About Paragon Industries
- Headquartered in Sapulpa, Oklahoma
- Over 4 decades of operation
- Known for durable oilfield tubular goods (OCTG)
- Supplies multiple Fortune 500 companies
- Estimated company valuation: $1.24 billion
This valuation plays a major role in estimating Derek Wachob net worth, since his ownership stake and dividends drive most of his personal fortune.
Derek Wachob Net Worth 2025
According to multiple online sources Derek Wachob net worth in 2025 stands at around $10 million.
That number, however, is an approximation. Some reports speculate figures as high as $50 million or even $200 million, depending on how much of Paragon he personally owns.
Net Worth Breakdown Table
| Category | Estimated Value |
| Paragon Industries Equity (Private Stake) | $8.2 Million |
| Annual Salary (CEO Role) | $500,000+ |
| Real Estate & Other Assets | $1.1 Million |
| Investments & Dividends | $700,000 |
| Total Estimated Net Worth (2025) | ≈ $10 Million |
💡 Note: Since Paragon Industries is a privately held company, all valuations are estimated from publicly available data and market comparisons.
How Derek Wachob Earns His Money
Derek’s income doesn’t come from just one source. As a seasoned businessman, he’s diversified his earnings wisely.
Estimated Annual Earnings
- Yearly Income: ~$500,000
- Monthly Income: ~$42,000
- Daily Income: ~$1,400
His wealth primarily stems from:
- CEO Salary and Bonuses at Paragon Industries
- Company dividends and reinvestments
- Real estate and minor investment portfolios
Despite these figures, Wachob maintains a modest public presence—he’s more focused on long-term business sustainability than luxury.
How Derek Wachob Built His Fortune
Derek Wachob’s wealth wasn’t inherited in full—it was earned through strategy, innovation, and leadership. When he took charge of Paragon Industries, the U.S. energy market was volatile. But he modernized operations, cut inefficiencies, and introduced sustainability measures.
Key strategies that built his fortune include:
- Expanding product diversity — beyond steel pipes to high-strength tubing.
- Reinvesting profits instead of high personal withdrawals.
- Strengthening family legacy through community partnerships.
- Navigating market fluctuations with resilience.
“True entrepreneurs don’t chase trends—they build foundations strong enough to outlast them.” — Industry analysts on Wachob’s business approach.
Company Valuation and Market Position
Paragon Industries’ estimated value of $1.24 billion (2024) places it among the top privately owned industrial firms in Oklahoma.
The company’s success stems from:
- Long-term contracts in oil & gas manufacturing
- Continuous investment in production efficiency
- A strong reputation for reliability in the American energy supply chain
If the firm goes public someday, Derek’s net worth could skyrocket beyond $50 million.
Legal Issues and Controversies
A few online reports have mentioned lawsuits involving Paragon Industries—some allegedly linked to loan defaults and contractual disputes worth over $200 million.
However, none of these claims have been publicly verified through official filings or court records. Derek Wachob has neither commented nor been personally implicated, suggesting most disputes are corporate in nature.
This balanced handling of legal challenges demonstrates his steady leadership under pressure.
Lifestyle and Personal Assets
Unlike many CEOs, Derek Wachob isn’t known for flaunting wealth. He lives a private life in Oklahoma, where he owns several residential and commercial properties.
Reported Assets
- Real estate holdings in Sapulpa and Tulsa County
- Investment portfolio focused on industrial ventures
- High-end vehicles (unconfirmed, reportedly valued around $300,000)
Despite being worth millions, he’s known for staying grounded and maintaining family values over extravagance.
Family, Wife & Personal Life
Derek Wachob keeps his family and wife out of the media spotlight. Sources confirm he’s married and has children, but he values privacy deeply.
He’s often described by colleagues as humble, disciplined, and family-oriented, focusing more on generational legacy than fame.
Education and Early Influences
While Derek’s academic background isn’t publicly detailed, it’s believed he pursued business or engineering studies locally in Oklahoma before joining his father’s firm.
His father, Jack Wachob, was his greatest mentor — instilling the principles of work ethic, integrity, and long-term vision.
Future Plans and Outlook for 2025 and Beyond
As the energy industry pivots toward sustainability, Derek Wachob has hinted at expanding Paragon’s product range toward renewable infrastructure and eco-friendly steel.
Industry observers predict Paragon Industries could reach $1.5 billion valuation by 2026, especially if it integrates renewable pipeline technologies.
Public Interest and Media Coverage
Despite his low profile, Derek Wachob has become a popular search term in 2025. Rising Google trends show spikes in queries like:
- “Derek Wachob net worth 2025”
- “Who owns Paragon Industries?”
- “Derek Wachob career and biography”
This shows a growing public interest in business figures outside mainstream tech and entertainment.
Read More >>> Rajah Caruth Net Worth 2025: NASCAR Star’s Income and Career
Comparison With Similar Entrepreneurs
To put Derek’s net worth in perspective, here’s how it compares to similar U.S. industrial CEOs:
| Entrepreneur | Industry | Estimated Net Worth |
| Derek Wachob | Oil & Gas Manufacturing | $10 Million |
| Kelcy Warren (Energy Transfer LP) | Oil & Gas | $4 Billion |
| John Ferriola (Nucor Corporation) | Steel | $120 Million |
| Harold Hamm (Continental Resources) | Oil | $25 Billion |
While his wealth isn’t as astronomical as industry giants, Wachob’s consistent growth in a privately held company highlights steady success and strong business fundamentals.
FAQs
What is Derek Wachob net worth in 2025?
As of 2025, Derek Wachob net worth is around $10 million.
What company does he own?
He’s the owner and CEO of Paragon Industries, a billion-dollar steel and pipeline manufacturing company based in Oklahoma.
How did Derek Wachob make his money?
He built wealth through his leadership at Paragon Industries, strategic investments, and steady business growth.
Is Derek Wachob married?
Yes, he’s reportedly married but keeps personal life details private.
What is Paragon Industries worth?
As of 2024–2025, the company’s estimated valuation stands at $1.24 billion.
Conclusion
Derek Wachob’s story is proof that success doesn’t always need headlines. From inheriting a small family business to leading a billion-dollar industrial empire, his journey reflects patience, innovation, and resilience.
While Derek Wachob net worth of $10 million (approx.) might not rival celebrity billionaires, his contribution to America’s manufacturing backbone is priceless.
“Legacy isn’t about wealth—it’s about what you build that outlasts you.”
That quote sums up Derek Wachob’s philosophy and why his name continues to grow in both business circles and search trends in 2025.
Leave a Reply