Dick DeVos is a popular entrepreneur in the USA who is the son Richard DeVos, co-founder of Amway. It is one of the most consumer goods distribution company in the world. From 1993 to 2002, he served as the CEO of Amway. He also unsuccessfully ran for the Governor of Michigan. He is the husband of the current U.S. Secretary of Education Betsy DeVos. Here is a quick summary of Dick DeVos’s net worth in 2019, career and earnings.
Richard Marvin “Dick” DeVos Jr. is the son of Richard Marvin DeVos and Helen June. He was born on 21 October 1955 in Grand Rapids, Michigan.
He completed his schooling from the public school system of Forest Hills. Later, he went to Northwood University for his BA degree in business administration. He also enrolled in Harvard Business School but did not complete.
In 1980, Dick DeVos got married to Betsy DeVos. His wife is the former chairperson of Michigan Republican Party. They have four children, Andrea, Elisabeth, Richard Marvin, and Ryan. They also have a grandchild. In philanthropy, he serves as the president of Dick and Betsy DeVos Foundation. He has also opened the West Michigan Aviation Academy.
In 2008, he created The Dick & Betsy DeVos Scholarship. DeVos is a civic leader and is involved in the Regional Air Alliance of West Michigan and Grand Action.
Dick DeVos was involved in his family business since he was a child. In 1974, he joined the Amway Corporation. He was holding positions in several divisions. In 1986, he became the vice president of the foreign operation of Amway.
In 1991, his family acquired the Orlando Magic of the National Basketball Association. He was later named as the CEO and President of Orlando Magic. He left Orlando Magic in 1993 to be the president of Amway. Later, he created Alticor as the subsidiary of Amway. He is also associated with the privately held investment management firm called The Windquest Group.
In 1990, he was elected to the Michigan State Board of Education. He chairs with Education Freedom Fund with his wife. DeVos was the co-chairman of the campaign “Kids First! Yes!”. In 2006, he unsuccessfully contested in the Michigan gubernatorial election.
DeVos released the book entitled ‘Rediscovering American Values’ in 1998. Currently, he serves as the chairman of RDV Corporation, Regional Air Alliance of West Michigan, West Michigan Aviation Academy, and Grand Action Committee.
He is also on the Governing Board of Orlando Magic since 1994. DeVos serves as the member of Michigan State Chamber of Commerce, Health Care Foundation, FAA Management Advisory Council, and Spectrum Health System.
Awards & Achievements
One of the biggest career achievements of Dick DeVos is to be the chief executive officer of the company Amway. In 2010, he received the Art of Giving Award by the Spectrum Health Foundation. He has received honorary doctorate degrees from Northwood University, Grove City College, and Central Michigan University.
Net Worth of Dick DeVos
The estimated net worth of Dick DeVos is more than $5.5 billion. He is on the board of several organizations and has been active in his profession from a young age. He serves as the president of the Windquest Group and is on the board of directors of several other organizations. Dick DeVos has ventured into several professions in his career and has also contested elections. He is a billionaire and has been long associated with Amway. He has also done a lot for philanthropy and to improve the education system in the United States.
Dick DeVos is one of the most famous businessmen in the world. His wife holds an important position in the USA and his father is the co-founder of Amway. He is an influential person who has done a lot of contribution to education.