The DeVos Family is a wealthy family in the United States of America. They built their wealth through their company Amway which was cofounded by Richard DeVos Sr. in 1959. Amway is a company that specializes in direct marketing, allowing aspiring entrepreneurs to make money in the process. It is estimated that Richard Jr. has a networth worth $5 billion dollars to date. With all of this wealth, it is to no surprise that the DeVos family are regular contributors to philanthropists work. They are most known for their philanthropy work dealing with the reform of education. They also contribute regularly to their own foundation, the Richard and Helen DeVos Foundation which is in their home state of Michigan. The DeVos family heavily favors donating to religious charities also. Particularly they give to Christian charities. To take it a step further, Dick also donates a portion of his wealth to conservative and Republican political campaigns. There is also a children’s hospital in which Richard and his wife Helen donated $50 million dollars to help build the hospital, which is named after Richard’s wife, the Helen DeVos Children’s Hospital. The DeVos have three son’s who also believe in giving to charity and other various causes.
Richard Jr. received his bachelor’s degree in business administration from Northwood University. He later went on to attend the Harvard Business School and the Wharton’s School’s Executive Study Programs, but failed to complete the programs. Despite him not completing the programs, he has received doctorates from Grove City College, Central Michigan University, and Northwood University, more than making up for his previous failed attempt. DeVos began working at Amway in 1974 under his father Richard Sr. and was involved in multiple divisions. Ten years later he would go on to become the vice president and helped further expand the business to heights never reached before. The DeVos family bought the Orlando Magic franchise of the National Basketball Association in 1991 but DeVos would later step down as president and CEO of the team in 1993 to return to Amway in 1993 as President. Amway would later go on to become Alticor in 2000, while DeVos later retired as president in 2002, and now is the President of The Windquest Group which is a privately held investment firm.