One of the greatest philanthropists in the United States today is Dick DeVos, who along with his wife, Betsy DeVos, also runs a family foundation named Dick and Betsy Family Foundation. The primary aim of the organization is to provide proper education to the under privileged students. Other than the education and providing scholarships for meritorious students, Dick and Betsy DeVos Foundation also offer support and donations for health care, medical supplies, food, shelter, jobs, and other areas. As per the report, Dick and Betsy DeVos have collectively donated more than $139 million in their lifetime, and it is a figure that is growing at a rapid pace to date.
Dick DeVos, son of the co-founder of Amway Corporation, Richard DeVos, has had a tremendous record as a businessman as well. He studied business administration at the Northwood University and later attended Wharton School of Business and Harvard University for his master and diploma courses in business administration. After completing his studies, Dick DeVos joined the family business, Amway Corporation, in 1974. Over the years, Dick DeVos worked at various positions in different departments of the company, ranging from marketing to R&D, and from sales to finance, to understand the company’s business model and work culture. It also helped him gain the considerable exposure and experience in the firm.
Around ten years after he joined the Amway Corporations, Dick DeVos was promoted to the position of one of the company’s Vice President in 1984. He was given the job to manage the operations of Amway Corporations in a total of 18 countries. Thanks to his sharp business skills and foresightedness, he managed to enter many new overseas markets and multiply the sales of the company manifolds to take it to a whole new level altogether. The company managed to exceed foreign sales to domestic sales for the first time in its history. By the time Dick DeVos left the company, the international sales of Amway Corporation had rosed to over fifty percent of its turnover from just 5 per cent when Dick DeVos had joined.
Dick DeVos started his own private company soon after resigning from Amway Corporation by the name of Windquest Group. The company primarily functioned as an investment management firm and has holdings in diverse sectors, including in technology, biotechnology, manufacturing, and more. The company has been growing substantially under the leadership of Dick DeVos and has been focusing primarily on the energy sector, which has been witnessing rapid growth in recent years.
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