Category Archives: Philanthropy

“Making a Difference and Following Through” -A Glimpse At Dick Devos

Dick Devos is a man of many accomplishments as both an entrepreneur and a business man. He has achieved so much possibly in part due to the legacy that his father set for him and his brothers as the founder of a private and very profitable Amway Corporation. Growing up in a home full of business ventures and financial achievements it is no surprise that Mr. Devos not only went on to create his own company, The Windquest Group, but he also took his family’s business to new heights. He is credited with making Amway a truly global company with it’s hands in over 50 countries and 6 continents. Some of Mr. Devos’ other achievements include being president and CEO of The Orlando Magic basketball team as well as running for governor of Michigan in 2006. This man of Dutch descent, is married to Betsy Devos, originally Elisabeth Prince, the child of a business owner. Betsy’s father was an industrialist who owned the company Prince Corporation. The couple married in the 1980’s and have four children and one grandchild.

One of Dick Devos‘ most notable business prospects is undoubtedly his own corporation, The Windquest Group. The Windquest Group has been described as an investment management firm that participates in technological and manufacturing industries. One such environmentally prone project of the group was entitled “Green Machine.” Mr. Devos explained that from the very beginning his company was interested in investments that were “environmentally sound and economically sustainable.” The Green Machine in particular works to produce electricity out of waste energy.

Another notable business prospect for Mr. Devos would be his father’s corporation, Amway and it’s umbrella companies. Being the intelligent business person that he is, Mr. Devos not only advanced his father’s company to a global status as mentioned previously, but he also saw the potential to form additional companies from Amway. Alticor was created in 2000 as the parent company of Amway to prevent it from closing it’s doors. When Mr. Devos left Amway in 2002 the company made $4.5 million in sales.

Mr. Devos is currently the president of his company, The Windquest Group. He is worth an estimated $5.1 billion dollars and is ranked as one of America’s richest individuals.