Billionaire Amway co-founder Rich DeVos has died at 92

One of the biggest philanthropists this country has ever known has died.

Richard DeVos, founder of Amway, passed away at the age of 92.

More to the Man

While many know DeVos as the founder of Amway and the owner of the Orlando Magic, there is so much more to him than most know.

Residents of Grand Rapids know their city would not nearly be what it is today without this man’s generosity.

DeVos is widely recognized as the city’s most generous benefactor.

In 2014 alone, the DeVos family wrote checks for more than $100 million to charity.

Over the course of his lifetime, it is estimated he donated well over $1 billion to charitable organizations.

In 2000, DeVos penned a memoir titled “Hope from My Heart: Ten Lessons for Life.”

“I have always enjoyed learning by doing and in the doing, I have made my share of mistakes,” DeVos stated in his book.

He further wrote, “But most of the time, by the grace of God, I have managed to succeed.”

The Businessman

DeVos would not have been able to be so generous were it not for his business acumen.

In 1959, DeVos would co-found Amway with his close friend Jay Van Andel.

For those making money today through MLM based companies, they have these two to thank, as Amway literally created the blueprint for multi-level marketing.

Amway continues to thrive today, boasting sales of more than $8 billion in 2017.

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The company is now managed by his son, Douglas.

Amway currently employs more than 20,000 people worldwide.

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