The Successful Story of Dick DeVos

Dick DeVos is an American entrepreneur born on October 21st 1955. He is also an author and businessman based in Michigan. Dick is the son of Richard DeVos who is the co-founder of Amway and he held the position of CEO of the company which deals with distribution of consumer goods from 1993 to 2002. Dick DeVos contested for the Governor seat of Michigan in 2006 although he lost it to Jennifer Granholm who was the then Democratic incumbent. Forbes Magazine listed Dick DeVos’ father as the United States’ 76th richest individual. With was based on his worth of almost $5.1 billion.

Dick DeVos is married to Betsy DeVos who is the 11th and also the current United States Secretary of Education. Born in Grand Rapids, Michigan, Dick DeVos is the child of Richard Marvin DeVos and Helen June. He graduated from the Forest Hills which runs a public school system. Even from a young age, Dick DeVos has always been involved in Amway which is a family business. He attended the Northwood University where he acquired his Bachelor’s Degree in Business Administration. Dick DeVos later went to study at the Harvard Business School and also at the Executive Study Programs of Wharton School.

The successful entrepreneur was awarded honorary doctorates from the Northwood University, Grove City College as well as Central Michigan University. Dick also received distinguished alumni recognition at the Northwood University. Betsy DeVos who is the wife to Dick DeVos is a former chairperson working with the Michigan Republican Party. In 1974, Dick DeVos joined Amway Corporation and was able to hold positions in different departments such as Finance, Sales, Marketing, Manufacturing, Research and Development. He was appointed as one of the vice presidents of Amway in 1984 and was given the responsibility to oversee the operations of the company in 18 nations.

When the Orlando Magic of the National Basketball Association was acquired by the DeVos family in 1991, Dick DeVos became part of the company’s shareholders. He later become the president and also CEO of the Orlando Magic and later left it in 1993. Dick DeVos oversaw the creation of Alticor which is a subsidiary of Amway. He also went on to become the company’s President and was able to steer the company to tremendous growth and success. Dick DeVos has attributed his success to hard work, discipline, commitment and passion. He serves as a mentor to young and upcoming entrepreneurs in the United States.

 

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