Dick DeVos: A Talented Businessman and Philanthropist

It is mandatory for all the candidates nominated to a public post to provide information on their financial contribution. Due to the importance of the matter, Betsy and Dick DeVos decided to shed light on their charitable contributions. This was after Betsy was nominated as the Secretary of Education.

 

The DeVos couple was not spared from criticism by the public and the official in government. Most of the officials opposed to Betsy’s nomination criticized them for revealing the information to the public. They said that it was a ruse to have the public turn a blind eye to their political contributions. But, a ploy or not, releasing the information was a testament to their commitment to transparency and accountability.

 

According to the report, the couple contributed $139 million in their lifetime. Most the of couple’s contributions have been in support of the education system. In 2015, it was indicated that they contributed $3 million towards education alone. The couple made a total contribution of $3 million in that year.

 

Professional career

 

Richard ‘Dick’ DeVos is an accomplished businessman. Even though he was born into a wealthy family, Dick has managed to create massive wealth.

 

His career started when he joined his father’s Company, Amway. Dick joined the Company in 1974 and was placed in charge of different operations including finance, research, development, sales, and marketing.

 

In 1984, Dick was promoted to the position of the Vice President, and he was in charge of operations in 18 countries outside the North America. He managed to steer the Company to greater heights, and they opened numerous offices in different locations.

 

In 1991, his father, Richard DeVos Sr. acquired the Orlando Magic. For a brief moment, Dick served as the President of the Company. He, however, resigned to rejoin Amway as the President of the Company in1993. Under his leadership, the Company grew to generate $4.5 billion in sales.

 

In 2000, there was a major restructuring of the Amway Company and the Alticor Company was created. This was done so as to prevent downsizing and avoid losing the Company. Dick retired as the President of Alticor in 2002. He later joined the Windquest Group as its president.

 

Political Involvement

 

Dick won the Michigan State Board of Education in 1990. This was an eight-year term, but Dick resigned after two years. This was due to his appointment as president of Amway.

 

He was appointed to the Grand Valley State University Board Control by Governor John Engler in 1996.

 

In 2006, Dick entered the gubernatorial race in Michigan under the Republican Party. Even though he lost the race, he went down in history as the richest man to ever run for a public position in Michigan.

 

 

 

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