Dick DeVos is the eldest son of Richard DeVos, Sr. who had co-founded the Amway Corporation with Jay Van Andel. The Amway Corporation is a privately owned company that is into network sales. The company distributes health, household as well as personal care products through a string of dealers. They will be recruiting second level dealers who in turn, will be recruiting third level dealers and so on. The final level dealers here will typically be the end consumers. All the products of Amway move through this type of product chain.
Dick DeVos joined the Amway Corporation. This was in 1974. He was holding a number of positions here. This is because he wanted to get an idea of varying levels of responsibility in the company. He worked in a number of operating departments of the company.
Dick DeVos became the vice president of the company in 1984. He was looking into its operations that were spread in 18 countries. This was one way for him to get experience that extended beyond his firm that was owned by the family. It was in 1989 that Dick DeVos left the firm in order to start his own business venture. This is how The Windquest Group came about. This is a company that manufactures as well as markets a variety of storage as well as closet organizers.
In 1991, Dick DeVos was appointed for managing the franchise of National Basket Association’s Orlando Magic Basketball, by his father. This franchise had been acquired by their family. Dick DeVos managed this as well as his company, the Windquest Group.
Dick DeVos joined Amway Corporation once again in 1993. Now he was its president. He restructured the Amway Corporation in 2000. This was done by establishing an umbrella firm called the Alticor Corporation. It comprised of a number of companies. These included the Amway Corporation, in addition to the Quixtar Corporation along with the Access Business Group. This new structure of Alticor, allowed the firm to expand and take its operations to over 50 countries that were spread over six continents.
Dick DeVos retired from the post of president of Alticor in 2002. Now he wanted to devote all his time to the Windquest Group which was his own private venture. He became its president. He devoted his balance time to political causes that were close to his heart.
He entered politics properly in 2006. He ran for the post of the governor from the state of Michigan. This was on the Republican ticket. He was the wealthiest man at that time to be running for the post of governor of Michigan. He made use of his wealth in order to finance the campaign. This was around $40 million. But he lost by a margin of 14 points.
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Igor Cornelsen has been a very viable source for many people that want to invest. There are a lot of first-time investors that have no idea of what they’re going to do once they start building a portfolio. The first time investors struggle with this investing concept because there are so many investment opportunities to consider.
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