Dick and Betsy DeVos Use The Liquor Business As A New Investment

The Windquest Group, Dick DeVos’ holding company in Grand Rapids, Michigan. Their purchase of Coppercraft Distillery is an investment. The Windquest Company has been listed as the registered agent of the Holland Township company, in accordance to the records of the Liquor Control Commission, and in which they approved the license transfer on January 20. This began the process of the first steps of the sale.

Dick and Betsy DeVos are no strangers to large investments. Their Windquest Company have other investments such as The Stow Company, Reserve Wine and Foods, Boxed Water and Neurocore, as well as several other investments.

The billionaire DeVos has become the largest donor by him and his family donating $36 million to the Grand Valley State University, over the past thirty years. Donation is a way of life for this family who really does believe in helping others. It was the Amway business that began this journey and they learned and was mentored by leaders.

The DeVos family donated $94 million total in 2014 of which $54 million stayed in West Michigan. This does not include the political donations the family is infamous for. You can visit the following website to find more information about their political givings: http://www.mlive.com/business/west-michigan/index.ssf/2015/03/dick_devos_weighs_in_on_house.html

The amazing foundations that the Devos’ family have begun are the Richard and Helen DeVos Foundation, Dick and Betsy Devos Foundation, Daniel and Pamella DeVos Foundation, Douglas and Maria Devos Foundation and the Cheri DeVos – CDV5 Foundation.

Dick DeVos has built his empire with hard work and investments. His career led him to hold several different executive positions at the Amway Company, the Windquest Group and the NBA’s Orlando Magic. He is currently serving as president of the Windquest Group. 

DeVos held the role of President of Amway during the years of 1993 through to 2002. He learned all aspects of the company’s operations in 50 countries and 6 continents. His leadership skills paved the golden road to open new markets and tripled international sales. Amway reported sales of $4.5 billion in DeVos final fiscal year of being president. 

In 1991, his family purchased the team of Orlando Magic, at which he became the President and CEO for three consecutive years.

DeVos brings his outstanding drive in his personal life also, where he became a two time National Champion sailor.

Congratulations to the recent Melges 32 Gold Cup participants and winners—what a thrilling race against incredibly talented sailors!

Posted by Dick DeVos on Monday, February 15, 2016

He is a qualified jet aircraft and helicopter pilot. 

Dick and Betsy DeVos have been married for 35 years and have 7 children as well as 5 grandchildren.