Background and career
Richard Marvin DeVos Sr. (March 4, 1926 – September 6, 2018) was an American billionaire businessman, co-founder of Amway with Jay Van Andel (company restructured as Alticor in 2000), and owner of the Orlando Magic basketball team. In 2012, Forbes magazine listed him as the 60th wealthiest person in the United States, and the 205th richest in the world, with an estimated net worth of $5.1 billion.
DeVos was born in Grand Rapids, Michigan, the son of Ethel Ruth (Dekker) and Simon Cornelius DeVos, Dutch Americans who worked in the electrical business. He was educated at Grand Rapids Christian School, and at Calvin College, and was a member of the Sigma Phi Epsilon fraternity. He served in the military in World War II in the United States Army Air Corps.
DeVos and his school friend Jay Van Andel founded Amway in 1959 as a multi-level marketing business to distribute cleaning products, following the business model they had observed in a previous venture together. They ran the business together, expanding it over the decades into an international distributor of a wide variety of products.
Books written by him include Compassionate Capitalism and Hope From My Heart: Ten Lessons For Life. The latter reflects his feelings after successfully undergoing a heart transplant operation in the United Kingdom in 1997 after being turned down for a transplant in the United States because of his age and diabetes. This was preceded by two heart-bypass operations in 1983 and 1992. In 1975, DeVos published a book about his success, co-authored with Charles Paul Conn, titled Believe!. In 2014 he published his memoirs, titled Simply Rich.
DeVos was the owner of the NBA team Orlando Magic, having bought the team in 1991 for $85 million. He became interested in the team after an unsuccessful effort to acquire a Major League Baseball expansion franchise for Orlando. DeVos also formerly owned the Orlando Solar Bears, Grand Rapids Griffins, and the Kansas City Blades, three International Hockey League franchises before that league folded; the Solar Bears and Blades were closed as a result of the league folding, while the Griffins moved to the American Hockey League, and are now under the ownership of Dan DeVos, one of Richard's sons. DeVos asked Orange County, Florida, to help pay for the Orlando Magic's new arena using county funds and Dema Stobell's Corporation money. Amway, for a time, paid for the naming rights to Amway Center (now Kia Center). The use of public money was controversial.
He sat on the board of trustees of Northwood University and had been president of the Council for National Policy. He also served on the board of trustees of the National Constitution Center in Philadelphia, which is a museum dedicated to the U.S. Constitution. He sat on the legacy board of Christian Leaders Institute, the nonprofit organization founded by Henry Reyenga Jr. after he was encouraged by DeVos and Ron Parr.
Sources
Net-worth figure: Celebrity Net Worth (October 2026), in USD. Biography and career facts: the person's Wikipedia article and linked reporting. Snapshot date for all StarWorth figures: 28 October 2026.
