Dick DeVos; a success story

Dick DeVos is known for his many different ventures in business. It is, however, his work at Amway that put him and his career in the limelight.

 

He began his business ventures when he was young, but his career began in 1974 when he joined Amway Corporation. Before joining the company, Dick was a student at the Northwood University where he did his Bachelor in Business Administration. He did also attend the Harvard Business School although he didn’t graduate.

 

At Amway, he worked in different departments including; marketing, sale, finance, research, manufacturing, research and development. Through his different projects, he was promoted to the position of a vice president. He was charged with the responsibility of running the different company operations in all the eighteen countries. Later in 1993 he became the president of the company and served in the same position until 2002.

 

His family acquired the Orlando Magic in 1991 which is a basketball team. He later became the president of the company. He, however, held this position for three years. In 2005, the president of the company, Richard DeVos, his father, split the company among his different company and Dick became a part owner of the company.

 

After he had left the Amway Corporation, he became the president of the Windquest Group. This is a privately owned company that deals with technology and manufacturing.

 

In 1993, he and his wife became the co-chairs of the Education Freedom Fund which supports children from low-income families.

 

Philanthropy

 

He has been involved in different charity works. He is the president of the Dick and Betsy Family Foundation which he has been involved in different projects.

 

In 2010, he opened an aviation academy in West Michigan which was the first aviation public school in the Nation.

 

Together with his wife Betsy DeVos he has been involved in arts funding. His foundation has been involved in supporting the Art Prize since 2009. They also committed millions to the Kennedy Center of Arts Management approximately $22.5 million. This institute offers training to art managers.

 

Scholarships are also another venture that he has been involved in. The Dick and Betsy Scholarship was established in 2008. This is a scholarship that supports the students in MA, MS, and MBA studying at the Thunderbird School of Global Management. The scholarships are offered to students from developing countries.

 

Honors

 

Dick DeVos was awarded the Spectrum Health Foundation Art of Giving Award in 2010 for his philanthropy work.

Leave a Reply