Dick DeVos; an Entrepreneur and Philanthropist

His work as a business man and political enthusiast has made his career success. However, it is his philanthropy work that is making waves across the globe.

After his wife Betsy DeVos was nominated to the post of education secretary, there was a probe on their philanthropic work. To get ahead of the investigation, the couple decided to release a report on their contributions. The report indicated that the family had donated $139 million in their lifetime.

In 2015, they had donated approximately $11.6 million to different organizations. 26% of that which is about $3million was dedicated to the education sector. Dick and his wife are passionate about the education sector.

The release of the report has sparked different reactions from the different people. Some say that it is a ploy to divert the attention of the public from their political contributions. Their spokesman, however, stated that the couple releasing the report was a sign of their support for transparency and either way the report would still have been released following Betsy’s nomination.

The couple makes its contribution through their foundation; the Dick and Betsy DeVos Foundation. The foundation has donated millions to different organizations including; the Kids Hope USA, West Michigan Aviation, the DeVos Children’s Hospital, the Education Freedom Fund and the Children First America among others.

In 2010, the DeVos family opened the West Michigan Aviation Academy which was the first aviation public charter school in the nation. The reason why they opened a charter school is so that they could provide opportunities to all students regardless Helen of their financial background.

In 2008, the Dick and Betsy DeVos Scholarship was established. The scholarships are meant to offer financial support to students pursuing their MS, MA, and MBA at the Thunderbird school of global management. They are targeting students from developing countries.

Since 2009, they have supported the ArtPrize which is an art competition in Grand Rapids.

Dick DeVos work history

Dick first joined the Amway Corporation in 1974. He was in charge of different divisions in the company like research, development, manufacturing, marketing, sales, and finance. He was later promoted to the post of the Vice President of the company and put in charge of the company’s operations in 18 countries.

For a brief period, Dick served as the President and CEO of the Orlando Magic. He later resigned in 1993 and rejoined the Amway as its president. He was in charge of all the operations of the company in the globe. Under his leadership, the company attained great success. By the time he was leaving, they had revenue of $2.5 billion.

After leaving Amway, Dick became the president of the Windquest group. In 2005, his father split the ownership of the Orlando Magic which made him part owner.

Leave a Reply

Your email address will not be published. Required fields are marked *