DeVos Family Makes a Move into the Liquor Industry

Dick DeVos, his wife Betsy, and their family have become billionaires who are known for their phenomenal donating, all of this has been made possible because of DeVos’s father starting the company Amway. http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html

During their lifetime, a billion dollars has been donated to different charities through the five charities their family has created. The Dick and Betsy DeVos Foundation alone was worth over ten and a half million dollars in 2013. In 2013 their family together donated almost 90 million dollars and in 2014, they donated almost ninety five million dollars through their foundation. Learn more about their efforts, here: http://www.dbdvfoundation.org

The Daniel and Pamela DeVos Foundation gave over seven million dollars to various charities through their foundation in 2013 and was worth over ten and a half million dollars. Another foundation of their family’s is the Cheri DeVos CDV5 Foundation which includes herself and her five children. Their foundation donated over ten and a half million dollars during the 2013 year and was worth over forty three million dollars that year.

Douglas DeVos and his wife Maria have their own foundation that donated almost eighteen million dollars to charities in 2013 and was worth almost one hundred million dollars in 2013. The Richard DeVos and Helen DeVos Foundation are major supporters of The King’s College in New York City. They are on the Board of Directors and donated seven and a half million dollars to the school in 2013. They also support Hope College where Cheri graduated and received her degree. One of Mr. DeVos’ favorite charities is the Grand Rapids School where three generations of family have gone to school including his own children.

Mr. DeVos is the owner of the NBA team the Orlando Magic, he purchased the team in 1991. After working with the team for several years, he then returned to Amway to oversee International Sales. When he started working with that division they only made a 5% stake in the company and was barely doing any business overseas. In the next two years, they restructured the company and expanded their international division to expand to six different continents and over fifty countries and were responsible for fifty per cent of the income of the company. He then moved on to be president of The Windquest Group. Recently, they have made a move into the liquor industry and will be taking over the Coppercraft Distillery in Holland, Michigan. The building itself will be undergoing an expansion as will the business under the umbrella of DeVos’ Windquest Group.

Windquest Group has developed a project called “the Green Machine” which takes waste and turns it into electricity/power via gas or liquid form. A great development for the environment and us as people to help us develop our own energy and to not be dependent on other countries. ElectraTherm Company is responsible for making and developing the Green Machine, Pro Services together with Windquest is making sure it gets distributed. Pro Services know how to install the units and has the know-how for the customers, and Windquest will offer business financing and business knowledge. He and his family have spent their lives helping people, companies, and the world become a better place.

Congratulations to all the local residents and businesses who work hard to make West Michigan an incredible place to live, work, and visit!

Posted by Dick DeVos on Tuesday, January 26, 2016