Dick DeVos is an investing genius, founder of successful firms, politician, and one of the world’s prominent philanthropists. He hails from Michigan, and he is the son of Richard DeVos, the co-founder of the recognized Amway Corporation. DeVos is a loyal supporter of Democratic politics and causes. Dick DeVos even participated in the heatedly contested Michigan gubernatorial race of 2006. However, Jennifer Granholm won the election.
DeVos was born to Richard DeVos and Helen June in Grand Rapids, Michigan back in 1955. Since their family business was operating in the basement of their home, DeVos handled simple duties such as greeting attendees and clearing plates during Amway’s annual conferences. Read more: Amway heir Dick and Betsy DeVos move into sprawling 22,000-square-foot mansion
Doug, his brother, was also involved in Amway Corporation as he was growing up. The role of these two brothers grew to address gatherings and giving product demonstrations. DeVos received his high school education from the Forest Hills System.
DeVos is a graduate of Northwood University with a degree in business administration. He supports education initiatives, and he has received honorary doctorates from several institutions of higher learning such as Northwood University, Grove City College, as well as Central Michigan University. He established Education Freedom Fund that paid tuition fees for over 4,000 economically disadvantaged children in Michigan.
DeVos launched his business career at Amway Corporation in 1974, serving in the department such as manufacturing, finance, research and development, and sales. The company appointed him as the VP responsible for managing its branches in 18 countries. Learn more about Dick DeVos: http://www.mlive.com/business/west-michigan/index.ssf/2016/04/devos_company_gets_new_ceo.html
He leveraged his in-depth knowledge in operations leadership to oversee the identification of new markets. Additionally, for the first time since the establishment of Amway Corporation, the overseas sales exceeded the national sales. Orlando Magic Basketball became a subsidiary of Amway Corporation, and DeVos secured the position of the President of the team.
The restructuring of Amway
After his contract with Orlando Magic ended, DeVos rejoined Amway as the president, filling in for his father who had retired. He led the company into opening new service centers in over 50 countries across the six continents. In 2000, he implemented a radical corporate restructuring that resulted in the establishment of Alticor.
Alticor harbors Amway and other subsidiary corporations. Upon retiring from Alticor in 2002, DeVos rejoined The Windquest Group as the President. The company has vested interests in technology, health, manufacturing, finance, and other industries. It invests in technologies that are environmentally friendly and economically sustainable.