Richard DeVos in Business and Philanthropy

Businessman and philanthropist M. Richard ”Dick” DeVos put a start to his career in the business sector in his early twenties. Over the course of his experience, Mr. Richard DeVos. has worked on a wide variety of positions in high ranks. He also became a company founder.


In 1993, Mr. Richard DeVos assumed the responsibilities of President of the Amway Corporation which he co-founded with his grandfather in charge. The Amway Corporation has the men in the family in the positions of leadership. His father was the chief executive officer (CEO), and his uncle was Vice President, while his grandfather as the President of the company. After they passed away, however, it was up to Mr. Richard DeVos to continue the operation of the large business.


Mr. Richard DeVos was President of Amway Corporation for nine years from 1993 up until 2002. He was responsible for the entire company which was operating in fifty countries across six continents. Mr. Richard DeVos achieved great results over the course of his leadership. In fact, in 2002, the Amway Corporation reported that the company had achieved $4.5 billion in sales which is something that it had bever managed to do before that.


His previous years working at the Amway Corporation had helped Mr. Richard DeVos prepare for leading the global company. Mr. Richard DeVos used to occupy the post of Vice President of Amway International which allowed him to gain a significant amount of experience as he has the responsibility for the company’s business in 18 countries outside of North America. While he was working at the job, the Amway Corporation opened many new markets, and it even tripled its international sales. In fact, the international sales exceeded the national ones which had never happened before in the history of the global corporation.


Other than the Amway Corporation, Mr. Richard DeVos had had experience in other business venues. For example, he became the chief executive officer and president of Orlando Magic after the family acquired it from the NBA. Mr. Richard DeVos held that role from 1991 until 1994.


Business has not been the only role that Mr. Richard DeVos has occupied. He has been leading a number of community initiatives such as the Education Freedom Fund which he started. The Fund awarded over 4 000 scholarships to underprivileged kids from the West Michigan Aviation Academy and other institutions. Mr. Richard DeVos has also been donating a large amount of money to charities.


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