A Look Into The life of Dick DeVos

Dick DeVos is the son of Richard DeVos. He is among the richest men in America, with a net worth of more than five billion dollars. He is the CEO of Amway, a company co-founded by his father. Before that, he was CEO of Orlando Magic, owned by the DeVos family. He worked in various positions at the Amway Company before that. He once ran for the governor of Michigan. Dick DeVos is married to Betsy Prince. Together, they have sired four children.

Business Prospects of Dick DeVos

DeVos has spent most of his life in the family’s businesses. After working as the CEO of Orlando Magic, he left in 1993 to take over as CEO of Amway. Under his tenure, the company grew significantly. For instance, he managed to expand operations into more fifty countries on six continents. Dick DeVos’ most strenuous task was overseeing the restructuring of Amway and its subsidiaries. The new umbrella company’s name is Alticor. Alticor has managed to return to profitability, avoiding what would have been a major calamity.

In 2002, DeVos retired as the CEO of Alticor. He left a strong company that reported $4.5 billion in sales that year. Upon his retirement, DeVos became president of The Windquest group. The group is an investment management firm; privately held. It has interests in manufacturing, technology and many other sectors. The Windquest Group has invested heavily in green energies. DeVos believes that sustainable energy can be economically viable. The group has an invention called The Green Machine, which converts waste into electricity.

Dick DeVos is a philanthropic man. He runs Dick & Betsy Family Foundation. Its purpose is to be a catalyst for positive change in the world globally. Besides that, he participates in many organizations. He is part of an organization that offers scholarships to underprivileged children in Michigan. He has also done a lot to fight pollution. He once funded a study to the tune of $500,000 to establish pollution sources at Lake Macatawa.

Hobbies

DeVos is a qualified pilot, and he enjoys sailing. He has won the National Championship for sailing twice. Besides that, he has authored a book. The book is available in seven languages. Titled “Rediscovering American Values,” it provides a lot of insight into American life.

Conclusion

Dick DeVos is an accomplished man. He also believes in saving the world and making it a better place for others. His efforts to solve issues in his local community and globally are quite admirable.

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