The Philanthropists Work of Dick DeVos

Dick DeVos was born October 21, 1955. He is an entrepreneur and businessman from Michigan. His father is Richard DeVos who is the co-founder of Amway. From 1993 until 2002 he served as CEO of a consumer goods distribution company. In 2006 he ran for governor but lost. He has a networth of $5.1 billion making him the 67th richest person in America. Dick DeVos began working at Amway in 1974. In 1984 he became Amway’s vice president, with the responsibility of overseeing the company’s operations in 18 countries. Under Dick’s new leadership, the company expanded to places it had not previously seen before.

In 1991 the DeVos family bought the Orlando Magic basketball franchise that is apart of the National Basketball Association. Dick became the President and CEO of the Orlando Magic. Dick would step away as the president and CEO of the Orlando Magic in 1993 to become the President of Amway, replacing his father. Under Amway’s new reign, the company experienced tremendous growth by expanding to more than 50 countries. In 2000 DeVos oversaw a corporate reconstruction phase that would cut more than 1,300 jobs within the company, most of which were in Michigan. Amway would then go on to be known as Alticor, a parent company. DeVos retired as president of Alticor in 2002. After retiring Dick DeVos would go on to become president of The Windquest Group, which is a privately held investment management firm with ties to the technology, manufacturing industries along with others. 

In an article posted on Inside Philanthropy that can be found at , the topic of DeVos life as a philanthropists is discussed. The DeVos family are most well known for their involvement in the education reform. The DeVos family is also apart of religious charities, specifically Christian charities. Dick along with his wife Helen donated $50 million dollars to help start a new children’s hospital in the Grand Rapids, which is named the Helen DeVos Children’s Hospital after his wife. Dick’s children also contribute to a life of philanthropy, by giving to various charities and organizations. Dick DeVos and his family are an excellent example of what it means to give back not by just donating money, but building structures and facilities, and generating new ideas to help improve the lives of those that are less fortunate. For more information on the life and philanthropy of Dick DeVos and his family, please feel free to visit https://en.wikipedia.org/wiki/Dick_DeVos

Glad to see the Grand Rapids area make another “best of” list! Thank you all for your role in making our city great.

Posted by Dick DeVos on Friday, March 11, 2016