Quick Summary
| Attribute | Details |
|---|---|
| Full Name | Derek Wachob |
| Birth Year | 1972 |
| Age (2026) | 53 Years |
| Nationality | American |
| Profession | Entrepreneur, CEO |
| Known For | Owner and CEO of Paragon Industries |
| Estimated Net Worth (2026) | $10 Million (Approx.) |
| Industry | Oil & Gas Manufacturing |
| Company Valuation | $1.24 Billion (Estimated) |
| Residence | Sapulpa, Oklahoma |
| Company | Paragon Industries, Inc. |
His financial profile reflects steady growth, disciplined leadership, and strong business ownership.
Who Is Derek Wachob?
Derek Wachob is an American entrepreneur and business executive best known as the owner and CEO of Paragon Industries, a major manufacturer of steel pipe and tubular products used in the energy sector.
He represents the second generation of leadership in the family-owned company founded by his father, Jack Wachob.
Unlike many business heirs who inherit leadership instantly, Derek developed his expertise through hands-on experience. He worked across multiple departments, gaining operational knowledge and leadership skills.
His leadership transformed Paragon Industries into a modern, competitive company valued at over $1 billion.
His journey demonstrates how long-term commitment and operational expertise contribute to wealth creation.
Early Life and Family Influence
Derek Wachob was born in Oklahoma in 1972 and grew up surrounded by industrial operations and manufacturing environments. His father’s company provided early exposure to business management and industrial production.
From a young age, Derek learned important business principles such as discipline, efficiency, and long-term planning.
This early exposure helped him understand the challenges and opportunities within the oil and gas manufacturing industry.
His upbringing played a major role in shaping his leadership skills and financial success.
Career Growth and Leadership at Paragon Industries
Derek began his career by working in operational roles at Paragon Industries. He gained firsthand experience in production, logistics, and management.
Over time, he advanced into leadership positions and became CEO. Under his leadership, the company expanded significantly.
His major leadership achievements include:
• Expanding production capabilities
• Modernizing manufacturing technology
• Increasing operational efficiency
• Strengthening partnerships with energy companies
• Improving product quality and reliability
These improvements increased company revenue and contributed directly to his net worth growth.
His leadership helped position Paragon Industries as a major industrial supplier.
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Paragon Industries: The Billion-Dollar Foundation of Derek Wachob Net Worth
Paragon Industries is the primary source of Derek’s wealth. The company manufactures steel pipes and tubular products used in oil drilling, energy transportation, and infrastructure.
Founded over four decades ago, the company has grown into one of the most respected manufacturers in Oklahoma.
Key Company Facts
• Founded more than 40 years ago
• Headquarters in Sapulpa, Oklahoma
• Serves major energy companies
• Supplies oilfield tubular goods
• Estimated valuation of $1.24 billion
This valuation plays a critical role in determining Derek net worth.
Company ownership provides long-term financial stability and wealth growth.
Net Worth 2026
As of 2026, Derek net worth is estimated at approximately $10 million. His wealth comes from company ownership, salary, investments, and assets.
Net Worth Breakdown Table
| Wealth Source | Estimated Value |
|---|---|
| Ownership Stake in Paragon Industries | $8.2 Million |
| Executive Salary | $500,000 annually |
| Real Estate Holdings | $1.1 Million |
| Investments and Dividends | $700,000 |
| Total Net Worth | $10 Million |
His ownership stake remains the largest contributor to his wealth.
Salary, Income and Earnings Structure
Derek earns income from executive compensation and business ownership.
Estimated Earnings
| Income Type | Estimated Amount |
|---|---|
| Annual Income | $500,000 |
| Monthly Income | $42,000 |
| Daily Income | $1,400 |
Additional income comes from business profits and investments.
His steady earnings reflect company performance and leadership responsibilities.
Major Sources of Net Worth
Derek net worth is built from multiple financial streams.
Executive Compensation
His role as CEO provides a high executive salary and performance-based bonuses.
Executive compensation reflects leadership responsibility and company growth.
Company Ownership and Equity Value
Ownership in Paragon Industries represents the largest portion of his wealth.
As company valuation increases, his net worth also increases.
Investments and Real Estate
Derek likely holds investments in real estate and private ventures.
These investments support long-term wealth growth.
Business Strategy Behind Financial Success
He built his fortune through careful business management and strategic planning. He focused on long-term growth instead of short-term profits.
His key strategies include:
• Reinvesting profits into business expansion
• Improving production efficiency
• Maintaining strong customer relationships
• Expanding into new markets
These strategies increased company value and personal wealth.
His leadership demonstrates strong business discipline.
Company Valuation and Industry Importance
Paragon Industries is valued at approximately $1.24 billion, making it one of Oklahoma’s most valuable private industrial companies.
Its success is driven by:
• Strong industry demand
• High-quality manufacturing
• Long-term business partnerships
• Reliable production systems
Company growth directly affects Derek Wachob net worth.
Future expansion could increase his wealth significantly.
Assets, Properties and Lifestyle
Despite his wealth, Derek Wachob maintains a private lifestyle focused on business and family.
Known Assets
• Residential properties in Oklahoma
• Ownership stake in Paragon Industries
• Investment portfolios
He avoids public attention and focuses on long-term business growth.
His lifestyle reflects financial discipline and professionalism.
Personal Life, Family and Private Background
Derek Wachob keeps his personal life private. He is reportedly married and has children.
He focuses on family values and business leadership.
His private lifestyle allows him to maintain focus on company growth.
Education and Early Professional Preparation
Derek Wachob likely studied business or engineering, which prepared him for industrial leadership.
His education and early mentorship helped him develop business skills.
His father played an important role in teaching leadership and management.
These experiences helped him become a successful CEO.
Future Net Worth Forecast
Derek Wachob net worth is expected to grow as Paragon Industries expands.
Future growth factors include:
• Increasing industrial demand
• Company expansion
• Market growth opportunities
If company valuation increases, his net worth could grow significantly.
His long-term financial outlook remains strong.
Public Interest
Online searches for Derek Wachob net worth continue increasing. Many people are interested in successful industrial entrepreneurs.
His leadership and business success attract public attention.
His career represents strong private business leadership.
Comparison With Other Industrial Business Leaders
Compared to billionaire industrial leaders, Derek Wachob net worth is smaller. However, his success remains impressive.
He leads a billion-dollar private company, which demonstrates strong leadership.
His steady growth reflects business success and discipline.
FAQs
What is Derek Wachob net worth in 2026?
Derek Wachob net worth is estimated at approximately $10 million.
What company does Derek Wachob own?
He owns and leads Paragon Industries.
How did Derek Wachob build his wealth?
He built wealth through company ownership, executive salary, and investments.
What is Paragon Industries worth?
Paragon Industries is valued at approximately $1.24 billion.
Final Analysis
Derek Wachob net worth reflects decades of leadership, business growth, and strategic planning. His ownership and leadership of Paragon Industries helped him build a strong financial foundation.
His success shows how family business leadership, operational expertise, and long-term vision create lasting wealth.
As Paragon Industries continues to grow, Derek Wachob net worth is expected to increase further, solidifying his position as one of Oklahoma’s most successful industrial entrepreneurs.
