Ray Huger Net Worth

What Is Ray Huger Net Worth?

Raymond Huger, an American businessman and entrepreneur, has varying reported net worth figures. While some sources state his net worth as $1.5 million as of February 2025, other more recent reports estimate it to be significantly higher, around $40 million as of late 2024. These estimates consider his successful business ventures and appearances on “The Real Housewives of Potomac.”

Raymond Huger’s Business Career and Paradigm Solutions

Raymond Huger’s career began long before his appearances on reality television. After earning a Bachelor’s Degree from Baruch College and an MBA from Fordham University, he spent 25 years at IBM, holding positions such as Area Staff Director and Regional Manager. During his time at IBM, he managed multiple branch office operations that generated over $500 million in annual sales and services revenue. His experience at IBM equipped him with business management and information technology skills.

In 1991, Raymond Huger founded Paradigm Solutions International, a cybersecurity and enterprise IT solutions company. Paradigm Solutions specialized in providing services to federal civilian agencies, the Department of Defense, and the Intelligence Community. Their services included network security monitoring, software engineering, data center design and upgrades, and management of security and network operations centers. Major clients included the Federal Aviation Administration, Defense Information Systems Agency, and the Departments of State, Energy, and Treasury.

Under Huger’s leadership, Paradigm Solutions grew from a startup to a company with over $60 million in annual sales. In 2004, he took the company public as Paradigm Holdings Inc. (PDHO) on the “Over the Counter” (OTC) market. In early 2006, its stock traded at $1.60 per share with around 20.5 million shares outstanding, implying a market value of around $39 million. In 2011, CACI International INC., a government contractor, acquired Paradigm Holdings for $61.6 million. At the time of the acquisition, Paradigm had 185 employees and had generated $55 million in revenue in the previous year. The acquisition included a Stockholder Support Agreement, involving Raymond Huger and other key stockholders.

Raymond Huger’s Personal Life, Real Estate, and Financial Matters

Raymond Huger has been married to Karen Huger for over 25 years, and their marriage has been prominently featured on “The Real Housewives of Potomac.” Together, they have two children: a daughter named Rayvin Huger and a son named Brandon Huger.

In August 2016, Karen and Raymond sold their longtime home in Potomac, Maryland, for $1.685 million, significantly less than its original $2.5 million listing price. Following the sale, the Hugers rented a mansion in Great Falls, Virginia, for around $8,000 per month.

In July 2017, it was revealed that the Hugers were dealing with tax issues. Raymond allegedly owed $1.5 million in back-due federal taxes, and his company allegedly owed $3 million. Additionally, there was a $1.468 million lien on their Potomac home at the time of its sale in 2016.

Raymond Huger also holds an honorary doctorate from the University of the District of Columbia for his contributions to information technology and entrepreneurship.

While Raymond Huger’s specific income from “The Real Housewives of Potomac” is not publicly detailed, his appearances on the show, along with his prior business success, contribute to his overall financial standing.

Raymond Huger’s career reflects a blend of entrepreneurial success in the technology sector and public visibility through reality television. His initial net worth was $1.5 million, but more recent reports indicate a net worth of $40 million as of 2024.