The Life of Dick DeVos, the Rich Entrepreneur

Dick DeVos, born on October 21, 1955, to Richard DeVos in Grand Rapids, Michigan is a man who has his ways with wealth.

His father co-founded Amway, an American business empire dealing in Multi-Level Marketing. As a child, Dick got involved in the family business. By the time he was a grown man, he was already aware of how to successfully run the business. This basic training gave birth to a business magnate of his time.

Dick DeVos’ education started out in the Forest Hill School, a public school. He went to Northwood University for his bachelor’s degree where he studied business administration. Harvard business school and Wharton schools executive research programs beckoned him right after his first degree, but due to the pressure from the family business, he did not graduate. He was however awarded honorary doctorates by Grove City College, Northwood University, and Central Michigan University. The Northwood University also awarded him a distinguished alumni recognition.

Dick DeVos began his career in 1974 in the family business. The Amway Company allowed him to work in several capacities in different divisions. They included the research departments, sales and marketing, manufacturing, and finance.

In 1984, he was crowned the vice president of Amway. He took over the leadership of the company in more than 18 countries and under his leadership, the company witnessed immense growth and expansion. Between 1993 and 2002, he was the company’s CEO. He was very instrumental in distributing consumer goods. All this while, he made Michigan his home.

Dick DeVos was 35 years old when he was made the president and CEO of the Orlando Magic Basketball team. The appointment was upon the acquisition of the firm by the Amway Company. The national basketball association rose above the challenges that it was facing, and the company was able to realize profits within a short time courtesy of his excellent management skills.

Dick DeVos took over the presidency of Amway Company in the year 1993 from his father. It marked his return from Orlando Magic. His incredible leadership and financial prowess saw the company increase and spread to more than 50 countries all over the world.

Many people felt Dick DeVos’ generosity. He transformed the lives of those he worked with and those that needed his help. His dedication to work, integrity, and expertise allowed him to excel.

 

One thought on “The Life of Dick DeVos, the Rich Entrepreneur

  1. Amway was restructured in 2000 to produce a new corporation called Alticor. Despite the challenges and the job cuts that occurred shortly after, DeVos managed to bring it to profitability with the help of his brother. I do know for sure that rushmyessay service has a long way to go into making these things wonderful.

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