Derek Wachob is a famous American businessman and entrepreneur. He is the CEO of Paragon Industries. He has built a successful career in steel pipe and tubing manufacturing, yet remains relatively unknown in celebrity circles. He is also the team’s black diamond boat owner.
In this article, I’ll discuss Derek Wachob Net Worth 2026, including details about his biography, family, personal and professional life, career, wife, age, and more.
Who is Derek Wachob?
Derek Wachob is the Chief Executive Officer of Paragon Industries, Inc. It is a company based in Oklahoma that specializes in manufacturing steel pipes and tubing. Under his leadership, the company serves oil, gas, construction, and other industrial markets. Derek is the son of Jack Wachob, the founder of Paragon, and he took over the company to continue its legacy in the manufacturing world. He gained national attention due to federal wire-fraud charges in 2025, which raised questions about his leadership and the company’s future.
Derek Wachob Profile Summary
| Derek Wachob Biography | Derek Wachob Wiki |
| Gender | Male |
| Derek Wachob Date Of Birth | October 4, 1972 |
| Derek Wachob Age (2026) | 53 years |
| Derek Wachob Birth Place | Oklahoma, United States |
| Height | 5’10” – 6’0″ |
| Weight | 180-200 lbs |
| Language | English |
| Nationality | American |
| Zodiac Sign | Libra |
| Marital Status | Married (reported) |
| Derek Wachob Wife | Name not publicly disclosed |
| Derek Wachob Parents | Father: Jack Wachob Mother: Linda Wachob |
| Derek Wachob Profession | Businessman, Entrepreneur, CEO |
| Derek Wachob Company | Paragon Industries, Inc. |
| Derek Wachob Net Worth (2026) | Estimated $50 million – $85 million (varies by source) |
| Net Worth Sources | Paragon Industries ownership, business investments |
Derek Wachob Early Life & Background
Derek Wachob was born in Oklahoma, United States. He grew up in a business-oriented family. He was surrounded by manufacturing and steel from a young age. His father, Jack Wachob, founded Paragon Industries, which exposed Derek to the inner workings of industrial operations. This early exposure sparked his interest in business management. These experiences helped him understand the complexities of running a business. He learned valuable lessons about leadership and teamwork, which shaped his future.
Derek Wachob Age
Derek Wachob was born on October 4, 1972, and he is 53 years old in 2026. This reflects his journey and the experiences that have shaped him. He faced many challenges, which helped him grow personally and professionally.
Derek Wachob Family
Derek Wachob comes from a business-focused American family. His father, Jack Wachob, founded Paragon Industries, a well-respected company in this field. His mother, Linda Wachob, has also played a significant role in supporting the family’s business ventures. Derek stepped into a leadership role at Paragon Industries. He has worked to honor his family’s legacy while taking the business in new directions.
Derek Wachob Personal Life
Derek Wachob lives a very private life away from the public eye. He is reportedly married, but details about his wife remain undisclosed. They keep their relationship out of the media’s attention. Wachob focuses mainly on his business and the operations of his company. He avoids social media, which helps him maintain a low profile.
Derek Wachob Car Collection
Derek Wachob has an impressive collection of luxury cars, valued between $1 million and $2 million. His lineup includes famous brands like Mercedes-Benz, Porsche, and Range Rover. He uses them for daily driving and special occasions.
His collection is a mix of classic elegance and modern technology. Derek has a strong interest in automotive engineering and design. He prefers German engineering for its reliability and precision. He also appreciates the style of Italian design.
Derek Wachob Career Overview
Derek Wachob is a businessman from Oklahoma. He is known for his role as the CEO of Paragon Industries, Inc. This company specializes in manufacturing steel pipes and tubing for sectors like oil, gas, construction, and industrial markets. Derek took over the family-owned business that his father, Jack Wachob, founded. He has focused on managing the company’s operations and building strong relationships within the industry.
Under his leadership, Paragon Industries has gained a reputation for reliability and efficiency.
He is recognized for his practical approach to business rather than seeking media attention. In 2025, Derek faced national scrutiny due to federal wire-fraud charges related to the company’s finances.
Derek also owns Black Diamond Boat, a company known for making high-quality boats that are popular among leisure and professional users. These boats are often praised for their durability and performance on the water.
How Much Is Derek Wachob Net Worth 2026?
Derek Wachob net worth in 2026 ranges from around $50 million to $85 million. This wealth is from various industry estimates, but most of Wachob’s wealth comes from his equity in Paragon Industries, Inc. Since Paragon Industries is a private company, the exact number is not publicly confirmed.
Derek Wachob Worth Vs Brandon Fugal Net Worth
Derek Wachob net worth ranges from $50 million to $85 million. He makes most of his money through his private manufacturing company, Paragon Industries. Brandon Fugal net worth is approximately $800 million. He is a well-established real estate investor and serves as the CEO of Colliers International in Utah.
What Is The Paragon Industries Inc. Net Worth?
Paragon Industries Inc. is a private company, so its official net worth isn’t publicly available. Industry estimates suggest that it could be valued at around $1.2 billion or more. Annual revenue for Paragon Industries is estimated to fall between $100 million and $500 million.
Conclusion
Derek Wachob is a successful American businessman and the CEO of Paragon Industries, Inc. He leads a successful company that produces steel pipes and tubing for various sectors like oil and gas. Derek Wachob net worth is estimated to be between $50 million and $85 million. Derek came into the spotlight due to federal wire-fraud charges earlier this year. Despite these challenges, he remains a prominent figure in manufacturing. Alongside his role in Paragon, he is also known for owning Team Black Diamond Boat.
FAQs
Derek Wachob’s net worth in 2026 is estimated to be between $50 million and $85 million. His wealth comes mainly from his ownership of Paragon Industries and various business investments.
Derek Wachob owned Team Black Diamond Boats. He has a fleet that includes high-performance MTI powerboats. Some notable boats in his collection are the 52-foot MTI catamaran named “Black Diamond,” and the MTI 340X called “Black Diamond Express.”
Derek Wachob was born on October 4, 1972. He is 53 years old in 2026. He was born in Oklahoma, United States.
