Derek Wachob Net Worth: How Much Does the Co-Founder of ClassPass Make?
Derek Wachob is a serial entrepreneur and investor with a net worth of $100 million. He is the founder and CEO of Elevate Ventures, a venture capital firm that invests in early-stage companies. Wachob has also founded several other businesses, including the social media platform Blab and the online education platform Udacity. In this article, we will take a closer look at Derek Wachob’s net worth, his business ventures, and his philanthropic work.
| Year | Net Worth | Source |
|---|---|---|
| 2019 | $1.5 million | Forbes |
| 2020 | $2.0 million | Celebrity Net Worth |
| 2021 | $2.5 million | The Richest |
Derek Wachob’s Background
Derek Wachob was born in 1972 in New York City. He attended the University of Pennsylvania, where he studied business. After graduating, Wachob worked for several investment banks before co-founding the personal finance company LearnVest in 2009.
Derek Wachob’s Career
Wachob’s career began in the investment banking industry. He worked for several banks, including Goldman Sachs and Lehman Brothers. In 2009, Wachob co-founded LearnVest with his wife, Alexa von Tobel. LearnVest is a personal finance company that provides financial advice and planning services to consumers.
Derek Wachob’s Personal Life
Wachob is married to Alexa von Tobel, the co-founder of LearnVest. They have two children together. Wachob is a passionate advocate for financial literacy and education. He is a frequent speaker at financial conferences and events. He is also the author of the book “Financially Fit: A Guide to Taking Control of Your Money.”
Derek Wachob’s Net Worth
Derek Wachob’s net worth is estimated to be $100 million. His wealth is derived from his ownership of LearnVest and his other business ventures. Wachob is also a successful investor. He has invested in a number of companies, including Uber, Airbnb, and Spotify.
Derek Wachob’s Sources of Income
Derek Wachob’s primary source of income is his ownership of LearnVest. He also earns money from speaking engagements, book royalties, and investments.
Derek Wachob’s Investments
Derek Wachob has invested in a number of companies, including Uber, Airbnb, and Spotify. He has also invested in real estate and private equity.
Derek Wachob’s Philanthropy
Derek Wachob is a passionate advocate for financial literacy and education. He is a trustee of the Robin Hood Foundation and the New York City Public Library. He also supports a number of other charitable organizations.
Derek Wachob is a successful entrepreneur and investor. He is the co-founder of LearnVest, a personal finance company that has helped millions of people achieve financial security. Wachob is also a passionate advocate for financial literacy and education. He is a frequent speaker at financial conferences and events, and he is the author of the book “Financially Fit: A Guide to Taking Control of Your Money.” Wachob’s net worth is estimated to be $100 million. His wealth is derived from his ownership of LearnVest and his other business ventures. Wachob is also a successful investor. He has invested in a number of companies, including Uber, Airbnb, and Spotify. Wachob is committed to using his wealth to make a positive impact on the world. He is a trustee of the Robin Hood Foundation and the New York City Public Library. He also supports a number of other charitable organizations.
Derek Wachob’s Net Worth
Derek Wachob is the founder and CEO of Better.com, a digital mortgage lender. He has a net worth of $1.6 billion.
Derek Wachob’s Business Accomplishments
- Founding of Better.com
Derek Wachob founded Better.com in 2014 with the goal of making the mortgage process easier and more transparent. The company has since grown to become one of the largest digital mortgage lenders in the United States.
- Leading Better.com’s IPO
In December 2020, Better.com went public through a direct listing on the New York Stock Exchange. The company’s shares were priced at $29 per share, and the company raised over $650 million in the offering.
- Other business ventures
In addition to Better.com, Derek Wachob has also founded several other businesses, including:
- Credit Karma, a personal finance website and app that helps users track their credit scores and manage their finances.
- Nextdoor, a social networking platform for neighbors.
- Thumbtack, a marketplace for connecting homeowners with local professionals.
Derek Wachob’s Legacy
Derek Wachob has had a significant impact on the financial services industry. He has helped to make the mortgage process more accessible and affordable for consumers, and he has also helped to bring more transparency to the industry. Wachob is also an inspiration to others, and he has shown that it is possible to achieve great success in business while also making a positive impact on the world.
- Impact on the financial services industry
Derek Wachob has helped to make the mortgage process more accessible and affordable for consumers. He has done this by:
- Simplifying the mortgage process: Better.com’s online platform makes it easy for consumers to apply for a mortgage, get pre-approved, and close on a loan.
- Making the mortgage process more transparent: Better.com provides consumers with clear and concise information about their mortgage options, so they can make informed decisions.
- Providing affordable mortgage loans: Better.com offers competitive mortgage rates, and it also offers a variety of loan products to meet the needs of different consumers.
- Inspiration to others
Derek Wachob is an inspiration to others, and he has shown that it is possible to achieve great success in business while also making a positive impact on the world. Wachob has been recognized for his work with several awards, including:
- EY Entrepreneur of the Year Award (2020)
- Inc. 5000 Fastest-Growing Company (2018, 2019, 2020)
- Forbes 30 Under 30 (2018)
Wachob is also a strong advocate for diversity and inclusion in the workplace. He has been a vocal supporter of the MeToo movement, and he has also spoken out against racism and discrimination.
- Future plans
Derek Wachob is committed to continuing to grow Better.com and to making the mortgage process more accessible and affordable for consumers. He is also passionate about using his platform to advocate for diversity and inclusion in the workplace.
Derek Wachob is a visionary entrepreneur who has had a significant impact on the financial services industry. He is an inspiration to others, and he is committed to using his platform to make a positive impact on the world.
Q: What is Derek Wachob’s net worth?
A: Derek Wachob’s net worth is estimated to be \$100 million.
Q: How did Derek Wachob make his money?
A: Derek Wachob made his money through a variety of business ventures, including real estate investing, angel investing, and consulting.
Q: What are some of Derek Wachob’s most notable investments?
A: Some of Derek Wachob’s most notable investments include Uber, Airbnb, and Spotify.
Q: What is Derek Wachob’s current role?
A: Derek Wachob is currently the CEO of Startup Grind, a global community of entrepreneurs.
Q: What are Derek Wachob’s plans for the future?
A: Derek Wachob plans to continue to grow Startup Grind and to invest in other early-stage companies.
Q: How can I contact Derek Wachob?
A: You can contact Derek Wachob via email at [email protected] or on Twitter @derekwachob.
Derek Wachob is a successful entrepreneur who has built a net worth of over $100 million. He is the co-founder and CEO of the personal finance company LearnVest, which he sold to Northwestern Mutual for $250 million in 2015. Wachob is also the author of the book “The Automatic Millionaire: The New Wealth Building Plan That Will Change Your Life.” He is a frequent speaker on the topics of personal finance and entrepreneurship, and he has appeared on CNBC, CNN, and Fox News. Wachob is a role model for entrepreneurs and anyone who is looking to achieve financial success. He has shown that it is possible to build a successful business and create wealth through hard work, dedication, and perseverance.
Author Profile
-
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.
This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.
However, with time, I recognized that my passion was not limited to the silver screen alone. The intricate stories behind the scenes, especially the lives and legacies of those who grace the screen and work behind it, began to fascinate me. This curiosity led me to explore beyond the boundaries of traditional film commentary.
As my interests broadened, so did the scope of my website. Today, Moon Children Films stands reimagined as a versatile and comprehensive blog, diving into the intriguing world of the net worth of famous personalities. This transformation reflects my eagerness to offer a wider spectrum of content, catering to an audience that shares my curiosity about the financial aspects of fame and success.
Delving into the net worth of celebrities, politicians, business magnates, and other public figures is more than just a peek into their wealth. It's an exploration of their journeys, the decisions that shaped their careers, and the impact they've made in their respective fields. By understanding their financial paths, we gain insights into the broader narrative of success and influence in today's world.
Latest entries
- January 1, 2024Famous Personalities Net WorthHank Steinbrenner Net Worth: A Closer Look
- January 1, 2024Politicians Net WorthLance Bachmann Net Worth: How Much Does the American Politician Make?
- January 1, 2024Famous Personalities Net WorthKenzie Wheeler Net Worth: How Much Does the Singer Make?
- January 1, 2024Sportsmen Net WorthGene Bicknell Net Worth: How Much Does the Former NFL Player Make?