Dick DeVos is a famous business titan and politician. Currently, Mr. DeVos is serving as The Windquest Group’s President. The Windquest Group is a private equity investment company founded in 1988. It is headquartered in Grand Rapids, MI, and it invests in manufacturing, hospitality, technology and nonprofit solutions. Dick DeVos previously served in executive positions at Orlando Magic and Amway.
In 1991, the extended DeVos’ family acquired NBA’s team Orlando Magic and Dick DeVos was named as its President and CEO. He held these positions for three years. In 1993, he joined Amway and proceeded to serve in different positions including the President. Dick held the VP position in charge of Amway International division, where he managed its operations in 18 nations. The company exploited new market opportunities and its global sales tripled and exceeded the domestic sales under the leadership of Dick DeVos. Dick later became the President of the company and managed its operations in 50 nations in six continents. He led Amway to great achievements, where it reported $4.5 billion in sales during his final fiscal year. He served at Amway from 1993 to 2002.
Dick DeVos’ Philanthropic Initiatives
For many years, Dick DeVos has been supporting numerous programs with the aim of improving the lives of communities in different parts of Michigan. Dick DeVos’ family is recognized in the United States for funding Republican candidates and also school choice causes. Together with his wife Betsy DeVos, their philanthropic giving is released through their foundation. Mr. DeVos founded Education Freedom Fund in order to support underprivileged students in Michigan. The fund has so far awarded scholarships to over 4,000 kids. He also started a charter high school focusing on providing a rigorous aviation based program. The West Michigan Aviation Academy is situated on Gerald R. Ford International Airport grounds.
In 2013, the couple gave a check of $315,000.They also donated the first training plane for the school. Last year, the first class of 15 licensed pilots graduated from the school. According to Dick DeVos, the school admits students from seven counties, where some commute a one hour distance to attend the school. The school targets economically disadvantaged students and minorities. The graduation rate at the school according to the state is 86%.
Dick’s family is also renowned for funding Arts & Culture programs. In 2015, they donated $2.4 million to support this sector. They launched DeVos Institute of Arts Management which is located at the University of Maryland. The family also donated to other programs like leadership and development, healthcare services, churches and public policy. Dick and Betsy prefer to involve their children in their philanthropic initiatives and that was the reason why they included the word ‘family’ in their foundation’s name.