The Green Machine is only one of the ways this Millionaire is Giving Back to The Community– Richard DeVos

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.

Dick DeVos the Philanthropist

Dick DeVos is known by man as one of the wealthiest men. Also, quite a large number also know him for being a big philanthropist. Dick was born in the year 1955 to Richard DeVos, the founder of Amway Corporation. He is married to Elizabeth (Betsy) Prince and together they have four children, Andrea, Elissa, Ryan and Rick.

Dick was born and raised in Michigan. He was raised in an entrepreneurial background- That might explain his success as an entrepreneur. There he attended and graduated from Forest Hills, which is a public school system. He later went to Northwood University where he graduated with a Bachelor’s degree in Business Administration. He also attended Harvard University and Wharton Schools, but did not graduate from any of the institutions. Dick has doctorates in various fields and from various institutions including, Northwood University, Grove City College and Central Michigan University.

Being the successful entrepreneur and businessman that he is, Dick DeVos, along with his family are dedicated to helping elevate the lives of others in various industries and communities. It is with this goal that he and his wife started the Dick and Betsy DeVos Family Foundation.

With the foundation, the couple contributes towards education support in the country. They are especially passionate about creating education opportunities for students with high talent but limited by their backgrounds. This has seen the foundation collaborate with Northwood University to award scholarships for students willing to take Business Administration, whether at the Bachelors or the Masters level. Additionally, the foundation supports students entering Thunderbird Schools for Masters Degrees in Arts, Science and Business Administration. In this spirit, they opened the West Michigan Aviation Academy which is the first charter aviation school in the country. The school will help kids with a passion for aviation but are not financially capable to attend the expensive aviation schools.

In addition, The Dick and Betsy DeVos Family Foundation is known to be a big supporter of arts. Since the year 2009, the company has been a big supporter for the ArtPrize, which is a leading art competition in Grand Rapids. Additionally, the foundation is known for their outstanding donation to the Kennedy Center Institute of Arts Management. The institute is concerned with to supporting and equipping artists with practical skills readying them for professionalism that fits any part of the world. According to resource, this is the biggest donation that the institute ever received.