'Doubling Down With the Derricos' Star Deon Derrico Is a Millionaire Multiple Times Over
After 19 years of marriage, Deon and Karen filed for divorce on June 4, 2024. How will it affect the show and his finances?
Updated June 27 2024, 5:11 p.m. ET
TLC's hit series Doubling Down With the Derricos first joined the network's lineup of large-family reality shows in September 2020. Now in its fifth season, a lot has changed!
The show sees patriarch Deon Derrico raising his and his now-ex-wife Karen's (they've since filed for divorce) 14 children — while also working to support the family. Feeding a family of 16 might feel untenable to many viewers, but thankfully, Deon has the money to make his lifestyle work.
So, what exactly is Deon's net worth? Keep reading for a breakdown of the reality star's finances and learn how he managed to amass his fortune.
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 multiple sources, is a reflection of all of the hard work that he has put in to make his name (and his business ventures) successful.
Deon Derrico
Actor, Reality Star, Real Estate Investor
Net worth: $6 million
Deon Derrico is a reality star, actor, and real estate investor known for his TLC series, Doubling Down With the Derricos.
Birthdate: Sept. 16, 1970
Birthplace: Detroit, Mich.
Birth name: Deon Derrico
Father: Eddie Derrico
Mother: Marian Derrico
Marriages: Karen Carter-Derrico (2002-2024)
Children: Darian, 18; Derrick, 13; twins Dallas and Denver, 12; quintuplets Deniko, Dariz, Deonee, Daiten, and Daician, 10; twins Diez and Dior, 5; and triplets Dawsyn, De'Aren, and Dyver, 4.
How did Deon Derrico 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. He's also a keynote speaker and does appearances, per his Instagram bio. However, it's safe to assume the bulk of his fortune comes from his reality TV paycheck.
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.
Deon and his wife, Karen Derrico, filed for divorce in June 2024.
While Doubling Down With the Derricos has contributed significantly to Deon's current net worth, the impact of the couple's divorce on the show's future remains uncertain.
After 19 years of marriage, Deon and Karen filed for divorce on June 4, 2024, and are dividing legal and physical custody, as reported by TMZ. Deon is obligated to pay Karen $1,166 per month in child support, and she will handle the children's medical insurance, according to the media outlet.
Catch new episodes of Doubling Down With the Derricos on Tuesdays at 8:00 p.m. EST.
