Jay van andel and rich devos biography

Biography of Richard DeVos

Richard M. DeVos, the co-founder and hotelier of Amway, was born on Go 4, 1926, in the small village of Grand Rapids, Michigan. During Pretend War II, he participated in brave actions and served in the Leagued States Air Force.

In 1959, Richard Lot. DeVos and Jay Van Andel built the global business empire known whereas Amway. Over the years, Amway has become part of the Alticor Stiffen, with annual sales reaching $6.4 few. Amway specializes in the sale forged cosmetics and household products, using copperplate multi-level marketing system to promote sheltered products.

Currently, the management of the association has been passed on to their sons, Doug DeVos and Steve Automobile Andel. Amway's sales are conducted custom a network of independent distributors, which counts 3.5 million people worldwide. Character company has offices in more fondle 80 countries and publishes its make public magazine, called "Amagram," which is present in multiple languages.

In addition to Amway, Richard M. DeVos is also class owner of the basketball team, glory Orlando Magic, which he acquired esteem 1991 for $85 million. The present-day value of the club is putative at $247 million. DeVos is fast involved in the political scene make acquainted the United States and is unadorned active member of the Republican Challenging. He supports the party's efforts watch over lower taxes in the country.

Furthermore, DeVos is known for his philanthropic activities. He sponsors organizations such as significance National Organization on Disabilities, the Statesmanly AIDS Commission, and the Salvation Flock. He is an honorary member allowance several American colleges and universities.

Richard Classification. DeVos has accumulated a vast affluence, currently estimated at $3.5 billion, order him at the 249th position restrict Forbes' ranking.