Knowing All About Dick DeVos

Dick DeVos is the eldest son of Richard DeVos, Sr, who is the co-founder of Amway Corporation along with Jay Van Andel. The Amway Corporation is a privately-held network sales company. It is involved in the distribution of health, household along with personal care products. This is done through dealers. They would recruit second level dealers, who, in turn, would recruit third level dealers, and so on. The final level dealers in this business model are typically the consumers of these products.

 

Dick DeVos started working for the Amway Corporation in 1974. He worked in several operating departments of the company and held a number of responsible posts. In 1984, he became the vice president of operations and looked after the company’s operations in 18 countries. This was because he wanted to earn experience that was beyond this firm owned by his family.

 

Dick DeVos moved out of this company in 1989 to start his own business venture. This was The Windquest Group. It was looking after the manufacturing as well as marketing of storage along with closet organizers.

 

He was asked by his father to look after the National Basket Association’s Orlando Magic Basketball franchise in 1991. At this time, Dick DeVos was looking after the management of his Windquest Group too.

 

He came back in 1993 to the Amway Corporation where he was appointed as the President after his father. He focused on restructuring the Amway Corporation in 2000. In order to do so, he established an umbrella firm known as the Alticor Corporation. This comprised of Amway Corporation, along with the Quixtar Corporation besides the Access Business Group. In this way, the firm was able to expand its operations and reach over 50 countries that were spread across six continents.

 

Dick DeVos retired in 2002 as president of Alticor. Now he wanted to devote all his time to the Windquest Group, besides other political causes.

 

He even tried to enter politics in 2006. This was when he decided to run for governor. This was for the state of Michigan. He was campaigning on the Republican ticket. Dick DeVos was the wealthiest man who wanted to run for being the governor of Michigan. He made use of his wealth in order to finance his campaign, on which he spent $40 million. All this was his own money. But in the end, it did not really help as he lost to Jennifer Granholm by a 14 point margin.

 

He is married to Betsy who is the daughter of Edgar Prince. He is the founder and president of Prince Corporation. They have four children. These are Rick, Elissa, besides Andrea along with Ryan. Betsy DeVos has been appointed as Secretary of Education by the Trump Administration.

 

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