The Life and Business of Dick DeVos Jr.

Dick DeVos Jr., the oldest son of Mr. Richard DeVos, Sr., is, along with Jay Van Andel, the co-founder of the Amway Corporation. The Amway Corporation is a network sales company that sells its goods and services through various levels of dealers, with the final-level dealers being the consumers.

Mr. DeVos began work for the company in 1974, slowly moving up the ranks in many positions of responsibility in the company’s operating departments. In 1984, he was promoted to vice president of the company’s operations in 18 different countries, and in 1989 he left the firm to start a new business venture, the Windquest Group. Dick was involved with this company while at the same time selected by his father to manage the National Basket Association’s Orlando Magic Basketball franchise (NBA OMB franchise), which had been acquired by his family.

He returned to Amway Corp. two years later in 1993, succeeding his father as president. Under his leadership, the company would go through a restructuring in 2000, and the establishment of an umbrella firm, Alticor Corporation, which comprised of and merged the Amway Corporation, the Quixtar Corporation, and the Access Business Group into one organization. Under the Alticor Corporation, the firm prospered and expanded its operations all around the world to more than 50 countries and territories in six different continents. Mr. DeVos would retire his presidency over Alticor in 2002 to devote full time to the Windquest Group as president, and to political endeavors.

In 2006 Dick DeVos entered politics, and elected to run for governor for the state of Michigan for the Republican party. At the time he was considered the wealthiest man ever to run for Michigan governorship. He decided to use his massive reserves of wealth to his advantage, and used his own personal wealth, spending a whopping 40 million dollars, to fund his campaign. However, despite the powerful and pervasive influence of money and wealth in the political arena, it wasn’t enough to secure his spot as governor. He lost the election to Democrat Jennifer Granholm by a 14 point margin.

Mr. Devos is married to Elizabeth Prince, daughter of president of Prince Corporation’s Edgar Prince. The Prince Corporation is based in Holland, Michigan. The couple have 4 children, Rick, Ryan, Andrea, and Elissa.