Dick DeVos’ Business Prospects and Philanthropic Endeavors

In an interview published on Philanthropy Magazine, Betsy DeVos highlighted the progress the School Choice program had made and explained how she became an education reformist. She noted that the private-choice program had grown tremendously since the first program was incepted more than 25 years ago. According to Mrs. DeVos, there are around 250,000 scholars in 33 publicly financed choice programs throughout 17 states plus the District of Columbia.

Mrs. DeVos and her husband (Dick DeVos) used to visit their school going kids and meet with other parents who strived to ensure their children were learning in a favorable environment. The couple began to support few students by paying tuition fees for them. The movement grew at a fast rate, and after a short period, they had an operational foundation.

Who is Dick DeVos?

 Dick DeVos is a Michigan-based investor, the son of Richard DeVos (the Co-founder of Amway), a politician, and an active philanthropist. He contested for the gubernatorial seat in Michigan but lost on slight margin to Jennifer Granholm. After studying at the Forest Hills High School, DeVos joined Northwood University and earned a degree in the field of business administration. He is married to Betsy Prince, and they have seven kids and five grandchildren.

Business prospects

DeVos established a successful career by holding influential positions at companies such as Amway Corporation, Orlando Magic, a franchise of NBA, and The Windquest Group. From 1993 to 2002, he served as the Amway’s President and was responsible for its operations in 50 countries across six continents. Before ascending to the presidency, DeVos was the firm’s Vice President managing its day-to-day operations in 18 countries out of North America. Under his guidance, the company tapped into new markets and tripled global sales to exceed local sales. His family appointed him as the Orlando Magic’s CEO and President in 1991.

Charity work

Apart from establishing himself as a great entrepreneur in the corporate arena, DeVos has offered unwavering philanthropic support to various community initiatives. He is the brains behind the Education Freedom Fund that gave over 4,000 scholarships to needy kids in Michigan. He launched the West Michigan Aviation Academy, a top High School that intends to offer a comprehensive educational program with an aviation focus. DeVos has spearheaded numerous health improvement projects in the Grand Rapids Area including a $90m medical school, a $130M heart hospital, and a $30M Downtown Market.

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Success in Business and Philanthropy Runs in the Dick DeVos’ Family

Betsy DeVos is a committed reformer. She ventured into campus politics while studying at Calvin College. For over 30 years, she has spearheaded several campaigns, political action committees, party organization. Mrs. DeVos has served as the Michigan Republican Party’s Chairperson. Her husband (Dick DeVos) is also a reformer – in 2006, he viewed for Michigan’s gubernatorial seat on a Republican ticket. Mrs. DeVos is the chairperson of the prestigious Windquest Group, a global company that invests in manufacturing, technology, and clean energy. Together with her husband, she established the firm in 1989. She pursues reform via a couple of nonprofit roles and charitable giving.

About Dick DeVos

DeVos is part of an outstanding class of astute business leaders who have excelled in a multitude of fields. He played a major role in the international growth and managed one of the top NBA’s franchises. He dedicates his effort to various alternative, clean energy, and charitable organizations, and has aided in the creation of a culture of devoted stewardship and philanthropy. He is a role model to many people ranging from aspiring entrepreneurs, students, and young stewards.

Family life and Education

DeVos has been married to Betsy for more than 30 years. They are blessed with four children, two sons-in-law, a daughter-in-law, and two granddaughters. He pursued his high school education at the Forest Hills Public Schools, and subsequently joined Northwood University and earned his Business Administration degree.

Journey to success

DeVos joined Amway Corporation in 1974, and he managed several divisions such as research & development, marketing, finance, sales, and manufacturing. His commitment to excellence and hard work paid off, and in 1984, he ascended to the position of vice president of firm’s day-to-day operations in 18 nations. In 1989, he left the company on his own terms to establish a private investment, The Windquest Group, a firm that specializes in manufacturing and selling closet and storage organizers.

Orlando Magic

Amway Corporation purchased NBA’s Orlando Magic Basketball and appointed DeVos to manage it. He managed to strike a balance in running the Basketball franchise and his private venture, Windquest Group.

An eventful tenure at Amway Corporation

In 1993, his father appointed him as the president of the company. He was instrumental in the implementation of a historic restructuring of Amway Corporation, which resulted in the creation of a new umbrella company known as Alticor Corporation. It encompassed the Access Business Group, the Quixtar Corporation, and the Amway Corporation. Under Alticor, the company increased its operations to over 50 countries across the six continents.