Richard DeVos is a Michigan business man, the oldest son of Richard DeVos, Sr. DeVos is a graduate of the Forest Hills public school system and Northwood University and product of both the Harvard and Wharton Executive Study programs. Richard DeVos is primarily involved in three business operations Amway, Orlando Magic, and Windquest.
DeVos started consistently working with Amway Corporation in 1974. He held positions in divisions such as research and development, manufacturing, marketing, sales, and finance. After working for Amway for 10 years Richard DeVos became one of the company’s vice Presidents in 1984.
Dick DeVos became the CEO and president of the National Basketball Association’s Orlando Magic basketball when the family acquired the franchise in 1991. Larry Guest of the Orlando Sentinel wrote in a September 1991 column that though Richard DeVos was admirable, compassionate, honorable, community-conscious and intelligent they were worried about the company’s future. Orlando Magic is still a DeVos company.
The Windquest Group is an investment management firm with holdings in technology, manufacturing, and other sectors. Their primary venture converts waste heat into electricity, called the Green Machine. The Green Machine is produced by the ElectraTherm Company which provides core technology, it’s distributed by Windquest who provides financing and capital while Pro Services takes care of installation and customer relations.
DeVos, a qualified jet aircraft and helicopter pilot as well as a two time National Champion sailor, has been married to Betsy Prince for 35 years. They now have seven children and five grandchildren. DeVos served as a chair on the State Board of Education. He and Betsy have a diverse history of giving to help education. They started the Education Freedom Fund, awarding over 4,000 scholarship. As well as an entire High School that teaches through an aviation focus, called the West Michigan Aviation Academy.
Together in 1989 Richard and Betsy DeVos formed the ‘The Dick & Betsy DeVos Family Foundation‘ to serve as an output for their giving. They use their foundation to support causes “that position our local and global communities for growth and viability.” Richard DeVos serves on the Grand Action Committee and has given a total of $537 million to community revitalization and regional health care improvements. Notably this includes $130 million for a heart hospital and $90 million for a medical school, as well as other other projects. In 1997 he published his New York Times best-selling book, “Rediscovering American Values” and Richard DeVos continues to use his wealth to better the lives of many.