Assuming they also own 25% of the familys second-largest asset, the Orlando Magic basketball team, thats another $300 million or so. [143] In 2015, the DeVos Foundation made $11.6million in charitable contributions, bringing the couple's lifetime charitable giving to $139million. [6] DeVos is a graduate of the Forest Hills public school system. DeVos and his wife became co-chairs of the Education Freedom Fund in 1993. The investigation into DeVry was not the only one stopped, others include those of Bridgepoint Education and Career Education Corporation. [4][5] In an interview that year, she also said that "changing the way we approach the system of education in the country really may have greater Kingdom gain in the long run". He was involved in the family business, Amway, even as a child. Those twin comments led the RNC to oust DeVos in August 1982, though they did little to diminish his support for the party and conservative groups more broadly. He also served on the board of trustees of the National Constitution Center in Philadelphia, which is a museum dedicated to the U.S. They argued about the role of unions, with DeVos taking the position that "Workers and job creators, through hard work, ingenuity, sweat and risk-taking, literally made the strongest economy in the world and the greatest standard of living in historyThe greatest generationdid not just win a World War, they labored shoulder-to-shoulder with fellow workers to create and sustain value-added enterprises." The DeVos Family Foundation invests in initiatives that create pathways to opportunities, support the healthy growth of children and families, and cultivate thriving communities. They built Amway. [26] It is based in Grand Rapids, Michigan. [42] Betsy DeVos's husband, Richard Marvin "Dick" DeVos Jr., is a multi-billionaire heir to the Amway fortune who ran Amway's parent company, Alticor, from 1993 to 2002. I have decided to stop taking offense at the suggestion that we are buying influence," she wrote. Helen DeVos was born in the year 1925 as Helen J. According to a CBS reporter, DeVos's loss was widely attributed to his performance in his first televised debate with Granholm. He also led the Council for National Policy, a powerful and secretive organization meant to bolster the political influence of conservative Christians. The article noted that DeVos was interested in job creation in what was "perhaps the least business-friendly state in the country." [127] The following day, the U.S. [16] He sat on the legacy board of Christian Leaders Institute,[17][18] the nonprofit organization founded by Henry Reyenga Jr. after he was encouraged by DeVos and Ron Parr. The map below shows the places where the ancestors of the famous person lived. [60][61] Rebecca Mead of The New Yorker questioned the efficacy of Michigan's charter school system, which DeVos has supported. Salesmanship is how DeVos grew Amway, the company he cofounded in 1959, from a meager soap business into a multibillion-dollar worldwide conglomerate. (After a multiyear investigation in the 1970s, the Federal Trade Commission ruled Amway is not a pyramid scheme.). [15] Is this 2023 or 2013? In that fiscal year, Alticor reported sales of $4.5 billion, primarily through its more than 3.5 million part-time sales force and its complementary e-commerce channel. When the Children's Scholarship Fund provided $7.5 million to the Education Freedom Fund, the DeVos matched the grant, and their foundation covers all of the administrative costs of the organization. DeVos responded: "I believe states should continue to have flexibility in putting together programs "[101], CBS reporter Lesley Stahl questioned DeVos, in a March 2018 60 Minutes interview, about the documented failure of the DeVos programs to demonstrate a positive result, in Michigan, her home state: "Your argument that if you take funds away that the schools will get better is not working in Michigan where you had a huge impact and influence over the direction of the school system." The rules, developed during the Obama administration, were meant to take effect on July 1, 2017. Not for nothing was the company named Amway. [25][26], DeVos was educated at the Holland Christian High School, a private school located in her home town of Holland, Michigan. [10], DeVos was the owner of the NBA team Orlando Magic, having bought the team in 1991 for $85 million. ADA, Mich. (AP) Billionaire Richard DeVos, co-founder of direct-selling giant Amway, owner of the Orlando Magic and father-in-law of Education Secretary Betsy DeVos, died Thursday. "[44], DeVos is the author of the 1998 book Rediscovering American Values. They've got to go if we want to help manufacturing and bring jobs back to Michigan." DeVos was a member of the Christian Reformed Church in North America. First new house on block where Emmett Till lived has sold. Sheathed in white-veined black stone and twice the size of most neighbors on Superior Street, the house is five stories tall, including a striped penthouse that opens onto a rooftop deck. Bill Ballenger, editor of the newsletter Inside Michigan Politics and a former Republican state senator, called DeVos "a good behind-the-scenes organizer and a good fund raiser" as well as "a true believer in core Republican issues that leave nobody in doubt on where she stands". He was 92. [47], DeVos and her husband were producers for a Broadway run of the stage play Scandalous: The Life and Trials of Aimee Semple McPherson, in 2012, based on the life of the famous evangelist and featuring a book and lyrics written by Kathie Lee Gifford. [124][125][126], Subsequent to the incident, the U.S. The couple agreed to sell off dozens of other holdings when Betsy was tapped to lead the education department, including investments in student lender SoFi and a company that sells laundry machines to college campuses. You may opt-out by. [166] Until November 2016,[167] she headed the All Children Matter PAC which she and her husband founded in 2003 to promote school vouchers, tax credits to businesses that give private school scholarships, and candidates who support these causes. [59], Detroit Free Press editor Stephen Henderson expressed concerns over DeVos's nomination, writing that "DeVos isn't an educator, or an education leader". DeVos bought the property from his father in 2009. [172][173], Her other activities on behalf of public-school reform have included membership on the boards of directors of the Advocates for School Choice, the American Education Reform Council, and the Education Freedom Fund. Given that his parents have both passed away and the DeVos family continues to own half of the business, it seems reasonable to assume that Betsy, her husband and their kids now control one quarter of the familys stake, or about 12% of Amway. [103], On April 11, 2017, DeVos undid several Obama administration policy memos issued by John King Jr. and Ted Mitchell which were designed to protect student loan borrowers. That is going to be a big job to weave aviation throughout the entire basic curriculum. They worked on an airplane charter business, a sailing venture and even tried to run a hamburger stand, before they were introduced to Nutrilite. [58], On November 23, 2016, Trump's transition team announced DeVos as the nominee to be the next secretary of education. When he left the position six years later, they had grown to 50 percent of annual sales. Born Richard Marvin DEVOS. In all, she has disclosed that her share of these outside holdingswhich do not include Amway or the Magicare worth at least $335 million. Target and Solo Cup are opening huge warehouses in the southwest suburbs, Widow of Richard Duchossois selling Inverness home, State Farm posts record $6.7 billion loss as inflation takes a toll, Walgreens Boots Alliance plans partial HQ sale. DeVos was born in Grand Rapids, Michigan. [161] DeVos is a former member of the board of the Foundation for Excellence in Education (ExcelinEd),[162] an education think tank founded by Jeb Bush, the chairman since 2015 of which has been former US Secretary of State Condoleezza Rice, and which has received donations from Bill Gates, Michael Bloomberg and Eli Broad. DeVos left his positions as president and CEO of the Orlando Magic in January 1993 to rejoin Amway as its president, succeeding his father, Amway co-founder Rich DeVos. Yes!" https://www.youtube.com/watch?v=dTaXg5BwtxA, https://www.youtube.com/watch?v=7q3JLIFRjT0. Job-killing taxes like the SBT (Single Business Tax) punish job makers for creating jobs, providing their employees with benefits, and investing in new technology. [4][146][155], DeVos was appointed by President George W. Bush to the board of directors of the Kennedy Center for the Performing Arts in 2004, and served until 2010. [23][192] Dick's father, Richard Marvin DeVos Sr., co-founded Amway and was the owner of the Orlando Magic NBA basketball team. [16], A 2010 article reported on a Windquest venture called The Green Machine, which "converts waste heat that's the byproduct of a manufacturing process in liquid or gaseous form into electricity.". He also suggested that tourism "is one of the businesses and industries that has a bright future for Michigan, and is exciting." RDV Corporation, the family office set up by Richard Sr., handles the familys non-Amway or Magic activities from a discreet building in downtown Grand Rapids, Michigan. Public records show it's owned by an entity connected to members of the billionaire Michigan-based DeVos family, whose patriarch, Richard DeVos, is a co-founder of Amway. It called for action on four fronts: "creating an attractive job climate, overhauling state government, diversifying the economy, and conquering the international marketplace." In a 20-month span, Alticor cut over 1,300 jobs (primarily in Michigan) during this restructuring, with 400 of them being buyouts and early retirement. [33] She was a Republican National Committeewoman for Michigan between 1992 and 1997,[34] and served as chairwoman of the Michigan Republican Party from 1996 to 2000. The status quo in ed is not acceptable. [82] As expected, there was a 5050 tie on the final vote, with all Democrats and independents, along with two Republicans (Susan Collins and Lisa Murkowski), voting in opposition to DeVos, while the other fifty Republican senators voted in support of the confirmation, including Senator Jeff Sessions, who himself had been nominated by the Trump administration for the post of United States attorney general. Distributors might imagine theyll end up like the man himself, worth billions, but the fact is that less than one-half of 1 percent of Amways independent business operators make more than $12,000 a year in sales, and many others lose money, as is disclosed in the fine print of a company pamphlet. She is the daughter of billionaire industrialist Edgar Prince, and sister of Blackwater USA founder Erik Prince.[11][12]. DeVos declined. She said that the Trump administration was considering pulling funding from public schools unless they provided full-time in person learning during the pandemic. Chicago, IL 60601 "Now I simply concede the point. Members were four Cabinet members, including herself. Contact the DeVos Family Foundation Phone:(616) 643-4700Email:info@dvfoundations.orgAddress:DeVos Family Foundation 200 Monroe Avenue NW, Suite 200 Grand Rapids, MI 49503 Facebook Instagram LinkedIn Privacy Cookies 2023 DeVos Family Foundation In 2012, Forbes magazine listed him as the 60th wealthiest person in the United States, and the 205th . In 2000, DeVos was the co-chairman of the "Kids First! ADA, Mich. Billionaire Richard DeVos, co-founder of direct-selling giant Amway, owner of the Orlando Magic and father-in-law of Education Secretary Betsy DeVos, died Thursday . DeVos was born Elisabeth Prince on January 8, 1958. Public records show it's owned by an entity connected to members of the billionaire Michigan-based DeVos family, whose patriarch, Richard DeVos, is a co-founder of Amway. If a particular business approach is not economically viable it will not be sustainable." In the 2000s, the DeVos family bankrolled school-voucher campaigns and charter school efforts throughout the country. Marriott Hotel, the renovation of the Civic Theater (renamed the Meijer Majestic Theater), a new art museum, and a new civic gardens and sculpture park, two new satellite campuses for Grand Valley State University, and a new institute for biomedical research. By contrast, "big union bosses have engaged in cozy deals and political backroom dealings in order to advance their personal agendas, not those of their members," They focused especially on Michigan's Proposition 2, which would protect collective bargaining. Scarlet Envy depicted DeVos as "silly" and "martini-swilling. He expressed concern "that some of the new products in the marketplace are either too dependent on tax incentives or subsidies" and not genuinely "viable and competitive". DeVos is known for her conservative political activism,[1] and particularly her support for school choice, school voucher programs, and charter schools. He studied at the Grand Rapids Christian High School and this is where he met his friend and future business partner Jay Van Andel. Jobs are the number one issue in Michigan right now. [113][101] However, some survivors of sexual assault and harassment and organizations which advocate on their behalf oppose the changes and say they would make schools more dangerous. Family spokesman Nick Wasmiller says DeVos died at his Ada, Michigan, home due to complications from an infection. [4], DeVos believes education in the United States should encourage the proliferation of charter schools and open up private schools to more students via financial assistance programs, often called vouchers. [146][148], In 2016, the Foundation reported $14.3million in donations to over 100 organizations including the X Prize Foundation, Mars Hill Bible Church, American Enterprise Institute. [77] DeVos's nomination was supported by 18 Republican governors, including John Kasich and Rick Snyder, along with the nine Republican members of Congress from Michigan. 11th United States Secretary of Education, Opposition to limits on political spending, Benjamin Wermund and Kimberly Hefling (November 25, 2016). [151], When DeVos was appointed US Education Secretary, it was revealed that she was an elder at Mars Hill Bible Church. They met in Grand Rapids, married, and eventually grew their family to include four children: Dick, Dan, Cheri, and Doug. The families split ownership 50/50, according to a spokesperson of the DeVos family. [156][157] The couple donated $22.5million in 2010 to continue the endeavor, which was given in the name of the DeVos Institute of Arts Management. [26][160] Rick works for the Windquest Group[193] as a consultant on urban development, and is the founder of Grand Rapids' ArtPrize festival. The son of Amway co-founder Richard DeVos, he served as CEO of the multi-level marketing company from 1993 to 2002. Or would you say the state has the flexibility?" Published by E.P. [29], In October 2012, DeVos engaged in a series of public debates with Teamsters president James Hoffa, son of that union's legendary leader Jimmy Hoffa. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. That share is worth an estimated $1.3 billion. Growing up during the Great Depression, he credited his lifetime of success and happiness to the presence of a strong, caring, faith-based, values-oriented family. Rich DeVos and Jay Van Andel were two friends who shared a similar goal and ambition: they wanted more out of life for themselves, their families, and their friends. Here are more details about the DeVos family. And it meant a country where personal responsibility and belief in yourself were two sides of the same coin. My own particular thing has always been salesmanship, DeVos, who died in September at the age of 92, wrote in Believe!, his 1975 combination self-help book, ideological treatise and memoir. Daughter-in-law Betsy DeVos chaired the Michigan Republican Party and now heads the Alliance for School Choice. [159][160], The DeVoses provide an annual scholarship to students at Northwood University. Dick is the eldest son of Richard DeVos, who co-founded Amway in 1959, and grew it from a meager soap factory into a multinational colossus with $9.5 billion in annual sales, enlisting his. "Granholm went for the jugular talking about an investment he had in a nursing home," and "DeVos's lackluster response opened the door that led to his eventual loss." His first book Believe, published in 1975 which was co-written by Charles Paul Conn, documents his journey of becoming a successful businessman. Richard "Rich" Marvin DeVos Sr. (March 4, 1926 - September 6, 2018) was an American billionaire businessman, co-founder of Amway with Jay Van Andel (company restructured as Alticor in 2000), and owner of the Orlando Magic basketball team. [24], DeVos was a long-time close friend of Gerald and Betty Ford, and was an honorary pallbearer at Gerald Ford's state funeral. Bush. Given Amways profitability and her own likely inheritance, thats a reasonable, and perhaps conservative, estimateeven after factoring in the DeVos familys exorbitant political spending (which has been roughly estimated at $200 million) and generous charitable giving (more than $1.6 billion, according to the family spokesperson). The Foundation supports strategic projects and initiatives that impact the community, empower individuals to reach their full potential, and catalyze change. He also purchased the Orlando Magic, an NBA franchise. On this Wikipedia the language links are at the top of the page across from the article title. Richard M. DeVos was born on the 4 March 1926, to Dutch immigrants Simon C. DeVos, an electrician and Ethel Ruth, in a city called Grand Rapids in Michigan. Richard Marvin DeVos Jr. (born October 21, 1955) is an American businessman and author. In 1990, DeVos won election to the Michigan State Board of Education, and resigned two years into his eight-year term, citing his return to Amway as CEO as the reason. Rich DeVos: The Salesman Who Helped Launch the Modern Right, Charles Krauthammer: A Leading Voice for Conservative Thought, Barbara and George H.W. [148] Specific donations included $2.39million to the Grand Rapids Christian High School Association, $652,000 to the Ada Christian School, and $458,000 to Holland Christian Schools. In 2000, DeVos oversaw a significant corporate restructuring that created Alticor, the new parent company of predecessor Amway, as well as other subsidiary companies. Rich and Helen DeVos built a legacy of giving, and this prioritydriven by faith and compassionis reflected in the lives and mission of their family. The Griffins are a part of American Hockey League now and are owned by Richards son Dan. In the National Assessment of Educational Progress, Detroit had the lowest reading and mathematics scores "by far" over any city participating in the evaluation. Furthermore, we expect the Republican Party to use the money to promote these policies and, yes, to win elections. [41], The DeVoses have also established an annual scholarship, called the Betsy and Dick DeVos Scholars for Free Enterprise and Entrepreneurship Scholarship, which is awarded to students who wish to earn a BBA or combined BBA/MBA at Northwood University.[42]. According to BetsyDeVos.com, her official website, DeVos is a grandmother, with four children and five grandchildren. ADA, Mich. -- Billionaire Richard DeVos, whose family bought the Orlando Magic in 1991, has died. They went on to create different corporations like Amway Services, Amway Sales, and Amway Manufacturing to cater to the various needs of the company, which ultimately merged into one entity; the Amway Corporation in 1964. Missing Crain's in print? It was impossible. Apart from this, she is known for being a social activist and supporting the Republican Party along with her husband. Richard M. DeVos. As boys, he and his brother Doug were "tapped as mini-hosts", assigned to greet attendees at Amway's annual conventions, and they "helped out with everything from clearing plates during gatherings to ferrying guests to play tennis or waterski. [18], The Dick and Betsy DeVos Foundation has also given money to groups like the American Education Reform Council, Choices for Children, and Children First America, in addition to funding Christian schools in the West Michigan area. DeVos later said that "It was kind of like a Junior Achievement atmosphere contained inside of Amway. He is married to Pamella Roland DeVos and the couple has three children together, Casey, Sydney and Cole. January 31, 2023. Upon her nomination, DeVos said "I am honored to work with the President-elect on his vision to make American education great again. Betsy, the daughter of auto parts magnate Edgar Prince and sister of Blackwater founder Erik. So every student would have the possibility of going to this school at no cost and we think that's very, very importantto reach across the entire West Michigan community to be sure that every child has an opportunity to attend this school." Being the ardent sports enthusiast that he was, Richard owned several hockey franchises (before the hockey league got scrapped). DeVos was born in Grand Rapids, Michigan, the son of Helen June (Van Wesep) and Richard Marvin DeVos. On October 21, 2005, it was announced that DeVos would become part owner as his father split ownership evenly between his children. Being interested in sports, Robert invested $85 million in buying the National Basketball Association (NBA) franchise Orlando Magic in 1991. [67] Democratic senators directed several questions toward her regarding her wealth, including questions about her family's political donations to the Republican Party and whether or not she had personal experience with financial aid or student loans. Richard M. DeVos, Sr. is an American business magnate and best known as the co-founder of Amway along with Jay Van Andel. Clark asked if she would inform Indiana that it could not discriminate in that way if it accepted federal funding, and asked her how she would respond in the event a voucher school rejected black students but a state "said it was okay." Richard Marvin DeVos is born March 4, 1926, into a proud, hardworking Dutch-American, Christian household and close community in Grand Rapids, Michigan. "We're fighting with Mississippi for the highest unemployment rate in the country. By the 1970s, DeVos company had grown to a point that he could put real resources behind his beliefs. Sway in State Contests", "U.S. Panel on AIDS, Citing Challenges, Ousts Staff Chief", "At 83, Amway co-founder Richard DeVos prepares company's third generation, addresses church, gay-marriage concerns", How MLive analyzed DeVos family's $90.9 million in annual donations, "M. and Helen DeVos Center for Entrepreneurship & Innovation", Richard DeVos Philanthropic Impact Reflected by Hope Campus, Sport Business About the DeVos Foundation, "Amway co-founder Richard DeVos dies at 92", Majority team owners in the National Basketball Association, https://en.wikipedia.org/w/index.php?title=Richard_DeVos&oldid=1135078359, Businesspeople from Grand Rapids, Michigan, Women's National Basketball Association executives, American members of the Christian Reformed Church in North America, United States Army Air Forces personnel of World War II, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 January 2023, at 14:21. DeVos stature within the Republican Party continued to grow. Please try again. She grew up in Holland, Michigan, the eldest of four children born to Elsa (Zwiep) Prince (later, Broekhuizen) and Edgar Prince, a billionaire industrialist. [6] DeVos is a graduate of the Forest Hills public school system. [31][32] Former Fuller Seminary president Richard Mouw, with whom DeVos served on a committee, said she is influenced by Dutch neo-Calvinist theologian Abraham Kuyper, a founding figure in Christian Democracy political ideology. Dick DeVos Dick was born on 21 October, 1955. [133], In May 2019, the Education Department inspector general released a report concluding that DeVos had used personal email accounts to conduct government business and that she did not properly preserve these emails. The family spokesperson would only say that the second and third generation DeVoses actively participate in family committees and businesses, and hopefully the fourth generation will one day too.. "It's fascinating how many aviators there are who have already expressed a desire to be involved with this program and to bring the aviation component to it. Its how he helped to give rise to the modern religious right movement, which he generously funded and proselytized on behalf of. Believing that every individual deserves the opportunity to succeed, we intentionally partner with programs and initiatives that increase access to economic mobility and build healthy places for people to live, work, learn, and play. He left that job a. The first thing DeVos ever sold was a batch of onions. [2], DeVos was born in Grand Rapids, Michigan, the son of Ethel Ruth (Dekker) and Simon Cornelius DeVos, Dutch Americans[3] who worked in the electrical business. He made major donations to organizations like the Christian Freedom Foundation (which he chaired) and Third Century Publishers, which put out a guidebook instructing conservative Christians on how to win elections and help America become as it was when first foundeda Christian Republic. Then came the presidency of Gerald Ford, Grand Rapids longtime representative in Congress and a personal friend of DeVos. "DeVos said she was thinking about the couple's interest in education and her husband Dick's love of flying. Having tried his hand at several businesses, before earning his first million in the home care, beauty, and health industry, he always believed that his hard work would pay off one day. "[22] Her resignation took effect on January 8, 2021, twelve days before her term would have ended with the inauguration of Joe Biden as president. 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