Age, Biography and Wiki
Richard DeVos is an American entrepreneur and philanthropist. He is the co-founder of Amway, a multi-level marketing company, and the owner of the Orlando Magic basketball team. He is also the father of current U.S. Secretary of Education Betsy DeVos.
DeVos was born in Grand Rapids, Michigan, the son of Dutch immigrants. He attended Calvin College and served in the U.S. Navy during World War II. After the war, he returned to Grand Rapids and co-founded Amway with Jay Van Andel in 1959. The company grew to become one of the largest direct-selling companies in the world.
In 1991, DeVos purchased the Orlando Magic basketball team, which he owned until 2017. He was also a major donor to the Republican Party and a major supporter of the Christian Reformed Church.
DeVos was estimated to have a net worth of $5.4 billion in 2018. He passed away in 2018 at the age of 92.
Popular As |
Richard Marvin DeVos |
Occupation |
Businessman |
Age |
98 years old |
Zodiac Sign |
Pisces |
Born |
4 March 1926 |
Birthday |
4 March |
Birthplace |
Grand Rapids, Michigan, U.S |
Date of death |
(2018-09-06) Ada Township, Michigan, U.S |
Died Place |
Ada Township, Michigan, U.S |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 4 March.
He is a member of famous founder with the age 98 years old group.
Richard DeVos Height, Weight & Measurements
At 98 years old, Richard DeVos height not available right now. We will update Richard DeVos's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Who Is Richard DeVos's Wife?
His wife is Helen Van Wesep (m. 1953-2017)
Family |
Parents |
Not Available |
Wife |
Helen Van Wesep (m. 1953-2017) |
Sibling |
Not Available |
Children |
Dick
Dan
Cheri
Doug |
Richard DeVos Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Richard DeVos worth at the age of 98 years old? Richard DeVos’s income source is mostly from being a successful founder. He is from United States. We have estimated
Richard DeVos's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
founder |
Richard DeVos Social Network
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Timeline
He died at his home in Ada, Michigan on September 6, 2018, at the age of 92.
Books written by him include Compassionate Capitalism and Hope From My Heart: Ten Lessons For Life. The latter reflects his feelings after successfully undergoing a heart transplant operation in the United Kingdom in 1997 after being turned down for a transplant in the United States because of his age and diabetes. This was preceded by two heart-bypass operations in 1983 and 1992. In 1975, DeVos published a book about his success, co-authored with Charles Paul Conn, titled Believe!. In 2014 he published his memoirs, titled Simply Rich.
DeVos was the owner of the NBA team Orlando Magic, having bought the team in 1991 for $85 million. He became interested in the team after an unsuccessful effort to acquire a Major League Baseball expansion franchise for Orlando.
DeVos was a major donor to the U.S. Republican Party and to conservative causes, including Focus on the Family, and the American Enterprise Institute. DeVos supported the candidacies of Rick Santorum and Newt Gingrich. DeVos has served as a finance chairman for the Republican National Committee. In 1987, President Ronald Reagan appointed DeVos to the President's Commission on the HIV Epidemic, and was criticized at the time for characterizing people with AIDS as wanting "special treatment". He was a dedicated opponent of same-sex marriage.
He co-founded the Richard and Helen DeVos Foundation, an American conservative foundation and grant-making body in 1970. It is based in Grand Rapids, Michigan. The DeVoses were known in their philanthropy for contributing to education, health care, arts and historic causes like Mount Vernon, and conservative think tanks such as The Heritage Foundation and AEI. Education-related philanthropy included the Richard M. and Helen DeVos Center for Entrepreneurship & Innovation at Grand Valley State University, the Richard and Helen DeVos Fieldhouse at Hope College and the Richard and Helen DeVos Center for Arts and Worship at Grand Rapids Christian Schools. The Richard and Helen DeVos Foundation was in part responsible for funding the creation of the Sport Business Management Program at the University of Central Florida.
DeVos and his school friend Jay Van Andel founded Amway in 1959 as a multi-level marketing business to distribute cleaning products, following the business model they had observed in a previous venture together. They ran the business together, expanding it over the decades into an international distributor of a wide variety of products.
Richard Marvin DeVos Sr. (March 4, 1926 – September 6, 2018) was an American billionaire businessman, co-founder of Amway with Jay Van Andel (company restructured as Alticor in 2000), and owner of the Orlando Magic basketball team. In 2012, Forbes magazine listed him as the 60th wealthiest person in the United States, and the 205th richest in the world, with an estimated net worth of $5.1 billion.
DeVos was a member of the Christian Reformed Church in North America. He spent the last decade of his life trying unsuccessfully to rejoin it with the Reformed Church in America, from which it had split in 1857, dividing his grandparents.