Like me, many of you have probably head of the Amway Corporation. This business has been around for decades and has continued on a path to success. This track record of being so successful and popular got me wondering about the founders of the company. Who started Amway? It turns out that Richard DeVos, Sr. co-founded the company with Jay Van Andel. Amway has been distributing household, health and personal care products ever since. These days, though, Dick DeVos, is the CEO of the company. Dick is the son of Richard and has a very interesting history in the business world.
I learned that Dick DeVos actually started working in the family business back in 1974. He had various roles and titles during his time with the company. That hard work paid off, and Dick became the VP of Operations for the company in 1984. He headed up efforts to grow operations in 18 different countries. He did so successfully, and then moved on to a new business called the Windquest Group not too long after leaving Amway.
By the time 1993 rolled around, Dick came back to Amway and succeeded his father as the president. He is currently involved with Amway, and has other efforts that he pursues as well. I was surprised to learn that he actually spent some time in politics, having run for Governor of Michigan back in 2006. They say that behind every successful man there is a great woman. In Dick’s case that great woman is his wife Elizabeth. She comes from a family with a track record for success in the private security industry. Together, Dick and Elizabeth have four kids.
Dick and his wife are also big believers in helping out charitable causes. They started the Dick and Betsy DeVos Foundation (Elizabeth is commonly known as Betsy) to help drive their charitable efforts. This foundation has been an important source for funding for several educational causes and also contributes money to Michigan charities and causes that are near and dear to the DeVos’ hearts. After learning so much about Dick DeVos and his family, it is easy to understand why this man and his family are considered among the most giving of all wealthy families in the United States.