Deon Derrico’s Net Worth Makes The Derrico Family Millionaires: What Businesses Does He Own?

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What does Deon Derrico do for a living and how much is he worth? Details on the patriarchy of the ‘Doubling Down With the Derricos’ family.

If you loved 19 Kids and Counting, then Doubling Down with the Derricos is the reality show for you. The series follows Deon Derrico and his wife Karen, as they raise their 14 children in Las Vegas. The couple met in 2005 and had their first child in 2006. All of Deon and Karen’s kids’ names start with the letter “D” and they were all born naturally, without IVF. The couple lost a son named Carter in 2018. 

For starters, the cast of the reality show are Karen and Leon Derrico (parents) and their children: Darian Derrico (born 2006), Derrick Derrico (born 2011), Dallas and Denver Derrico (born 2012), Deniko, Dariz, Deonee, Daician, and Daiten (born 2013), Diez and Dior (born 2018), Dawsyn, De’Aren, and Dyver (born 2019).

One of the first questions that come to mind when people learn about the Doubling Down With the Derricos family — which is comprised of Deon Derrico, his wife Karen, and their 14 kids — is pretty predictable: How do they do it? 

How do the Derricos handle raising four back-to-back sets of multiples? How do they cook for that many people? How much laundry do they do on a weekly basis? It all just seems so logistically overwhelming.

With 14 children, the ‘Doubling Down With the Derricos’ family requires a lot of everything, prompting fans to wonder about Deon Derrico’s occupation and his net worth.

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SOURCE: TLC

What is Deon Derrico’s Net Worth?

You might know him from Doubling Down With the Derricos, but Deon has had his hands in multiple projects over the years. His net worth of $6 million, according to Meaww, is a reflection of all of the hard work that he has put in to make his name (and his business ventures) successful.

Profile Summary

Deon Derrico is a reality star, actor, and real estate investor known for his TLC series, Doubling Down With the Derricos.

Celebrated Name:Deon Derrico
Net Worth:$6 million
Profession:Actor, Reality Star, Real Estate Investor
Full Real NameDeon Derrico
Birthdate:Sept. 16, 1970
Birthplace:Detroit, Mich.
Parents:Eddie Derrico (father)
Marian Derrico (mother)
Marriages:Karen Carter-Derrico (2002-present)
Children:Derron, 18; Darian, 16; Derrick, 12; twins Dallas and Denver, 11; quintuplets Deniko, Dariz, Deonee, Daiten, and Daician, 9; twins Diez and Dior, 5; and triplets Dawsyn, De’Aren, and Dyver, 3.

What is Deon Derrico’s occupation and how did he become a millionaire?

You’re probably wondering how the TLC reality star managed to amass his fortune of $6 million dollars, and ultimately, it comes down to his hard work ethic. In terms of his occupation, Deon bills himself as a real estate investor who flips and restores properties. Although he previously faced criminal charges for forging homeowners’ signatures on house deeds, Deon was ultimately found not guilty in 2018 and has since continued in his career.

According to IMDb, Deon is also the owner and founder of Deon Derrico Entertainment, Inc., “a wide-ranging company offering acting classes, a talent agency, as well as production of film and television programming.” Per his IMDb bio, the Doubling Down With the Derricos star previously worked as a hairstylist and owned a hair salon.

A graduate of Detroit’s Cooley High School, Deon developed an affinity for acting from a young age. Although he may have moved on from acting (his last role, which was uncredited, was in the 2009 project Duress), Deon didn’t stay away from the spotlight. His reality show, which premiered on Aug. 11, 2020, has catapulted him and the rest of the Derrico family into the public eye.

The Derricos despite being a large family live a normal life without financial worries.

A May 2019 interview — when Karen was still pregnant with the triplets — revealed the busy mom washed three to four loads of laundry per day (at the time). But this likely increased since the birth of the triplets in July 2019. And the monthly grocery/eating out bill? It amounted to $3,500.

And that’s just food. It doesn’t take into account clothing, utilities, or recreation for 14 kids — or the mortgage for a home large enough to house their super-sized family in Las Vegas, Nev.

While Karen is busy at home caring for their brood of children, Deon provides for his family through his occupation as a real estate investor, a detail he mentions on his social media profiles. The Derricos are able to make it work without relying on any public assistance, thanks to the cash flow from his occupation.

Karen was a flight attendant. On her website, Karen writes that she first met her future husband, Deon, through work — though many claim that they first got talking at a Detroit club. While Karen’s career journey is fairly straightforward, Deon’s is anything but.

The paycheck they receive from TLC for Doubling Down With the Derricos should be a nice supplemental income, too. And who knows? If the series ends up being successful, perhaps they’ll be sticking around on the network for quite some time.

Deon Derrico faced real estate fraud charges — but he was acquitted.

After a five-year legal battle over multiple real estate fraud charges — which included forging homeowners’ signatures on house deeds — Deon was found not guilty in 2018.

“I do not want no one else to go through what I’ve gone through,” he told 13 Action News at the time. “… This type of thing can kill people, the stress.”

Deon said he cooperated in the case at first because he knew he was innocent. However, he explained that he wouldn’t advise others to do the same.

“They lead me to believe that this wasn’t even about me,” he said. “… How to properly defend yourself is one, don’t talk, get an attorney.”

“I know I was targeted just based off of my notoriety,” Deon added.

Thankfully, Deon’s legal woes are over — and he can now focus on his occupation as a real estate investor along with his roles as a father of 14 and a reality TV star.

FAQ

How rich are the Derricos? Doubling Down With the Derricos is a reality show on TLC that talks about a large family of 16. Deon Derrico has a current net worth of $6 million all thanks to his occupation, Deon bills himself as a real estate investor who flips and restores properties. His wife Karen was also a flight attendant.

What business do the Derricos own? He founded a company called Deon Derrico Entertainment during his relocation to Hollywood, and it operated for a little over four years. In 2010, Deon became the CEO of his property management company Derricodew Corporation. In 2014, he was charged with real estate fraud but Deon was cleared of all charges in 2018.

What does Karen Derrico do for a living? Deon’s wife, Karen was a flight attendant and first met her future husband through work.

Are the Derricos married? Deon and Karen got married in 2002 and have 14 children.

Which one of the Derricos died? Deon and Karen once lost a triplet shortly after birth. In memory of their death, the parents of 14 created the term “tripling” to honor the memory of baby Carter.

How many babies do the Derricos have now? The large family consists of 14 children but in all, they are 16 including the parents.

Where are the Derricos living now? Before they started their super-sized family, Deon was originally from Detroit, Mich., and Karen was from Kingstree, S.C. Today, however, the Derricos live in the city of North Las Vegas, Nev.