Richard Devos Net Worth is$3.6 Billion
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Profession: Businessperson, Writer
Date of Birth: Mar 4, 1926
Country: United States of America
Richard DeVos is a successful businessman and co-founder of Amway, with a net worth of $3.6 Billion. Richard DeVos has earned his net worth through his Amway Company, his ownership of the NBA's team Orlando's Magic, as well as the former owner of The Orlando Solar Bears and the Grand Rapids Griffins in the IHL, and as a writer of several books. He was born in Grand Rapids, Michigan U.S.
Richard DeVos, Sr. (born March 4, 1926, Grand Rapids, Michigan) is an American businessman, co-founder of Amway along with Jay Van Andel (company restructured as Alticor in 2000), and owner of the Orlando Magic NBA basketball team. In 2011, Forbes magazine listed him as the 79th wealthiest person in the United States, and the 254th richest in the world, with an estimated net worth of USD$ 4.2 billion. (At one point, he was in the top 10 of wealthiest Americans).
DeVos was educated at Calvin College and is a member of the Sigma Phi Epsilon Fraternity. He served in the military in World War II in the United States Army Air Corps.
Books written by him include Compassionate Capitalism, "MOO", and Hope From My Heart: Ten Lessons For Life. The latter reflects his feelings after successfully undergoing a heart transplant operation in 1997. 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!.
Richard DeVos is the owner of the National Basketball Association's franchise basketball team, the Orlando Magic, having bought the team in 1991. DeVos also formerly owned the Orlando Solar Bears, Grand Rapids Griffins, and the Kansas City Blades, three IHL franchises before that league folded; the Solar Bears & Blades were closed as a result of the league folding, while the Griffins moved to the AHL, and are now under the ownership of Dan DeVos, one of Richard's sons. However, in 2011, it was announced that DeVos plans to revive the Solar Bears as an expansion franchise for the ECHL. The new franchise will take the ice in October of 2012.
DeVos asked Orange County, FL to help pay for the Orlando Magic's new arena using county funds and Dema Stobell's Corporation money. Amway pays for the naming rights to Amway Arena. The use of public money was controversial.
He sat on the board of trustees of Northwood University and has sat as president on the Council

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Richard Devos Latest News

Radiothon raises money for Helen DeVos Children’s Hospital

Here to talk about the Helen DeVos Children’s Hospital Radiothon are Richard Kessler, CEO of Kesslers Diamonds and Russell Hoekstra, Manager of Child Life Services. This year marks the 18th annual Helen DeVos Children’s Hospital Radiothon. The two day ...
Posted: December 6, 2017, 9:56 am

GOP sneaks provision into tax bill to benefit one college favored by Republican billionaires

In 2009, the DeVos family also founded ArtPrize, an international art competition that featured the work of five art professors and students this year. Most notably, Richard DeVos, Betsy DeVos’ father-in-law, co-founded Amway with Jay Van Andel.
Posted: December 1, 2017, 8:17 pm

Husband’s donations cloud Betsy DeVos’ pledge

The $5,000 contributed by Dick DeVos, president of the Windquest Group and son of Amway co-founder Richard DeVos, also pales in comparison with political giving in past years. At this point in the 2015-16 election cycle, Betsy and Dick DeVos had given a ...
Posted: October 29, 2017, 9:09 pm
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