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Zachary Houle

A Look At Music That's Different

Dick DeVos; the Compassionate Businessman

Compassion and selflessness are both virtues hard to exercise in a business setting. Any business’ primary aim is to maximize profits for its owner(s). Therefore, it takes uniqueness and compassion to be both a businessperson and a philanthropist simultaneously. However, Dick DeVos has defied all odds and practiced both of these arts excellently without failure in either.

Dick DeVos was born in 1955 and is the son of Richard DeVos co-founder of Amway. DeVos has served as CEO of consumer supplying company for roughly nine years. In 2006, he ran for Michigan Governorship but unfortunately lost. Backtracking to 2012, he was named as the 67th richest person in America with an approximate net worth of 5.1 billion dollars. DeVos is a family man whose wife, Betsy DeVos, is the current United States Secretary of Education.

Dick DeVos with his wife’s support has been a major financier of the international art competition and festivals for the last eight years. The event has caught the eye of the globe and has hence attracted many visitors. They provided the financial muscle of 1.7 million dollars to launch the competition through their family foundation. Moreover, they have provided an extra 450,000 dollars to cater for the contest’s prizes and rewards.

Dick’s family charitable acts mainly revolve around the education sector. Having noted the huge cracks in the system, the family could not just sit and fold hands as if all was well. The system was in shambles, and they had to act swiftly. In 2015, they made allotment of over 3 million dollars to the education system in the country, which was tantamount to only 26 percent of their giving in that lone year. Besides, their family foundation extended a total of 357,000 dollars towards education reform groups.

In that very same year, the family made generous offers that amounted to 11.6 million dollars while their extended family handed out well over 104 million dollars in charity donations. In Forbes scale, the family ranked 24th among America’s Top Givers. The family’s lifetime giving to date has led the way amounting to 1.33 billion dollars which amount to 25% of their whole family fortune.

In 2013, the DeVos made huge donations totaling to 90.9 million dollars. The money was given towards the development of education, churches, community services, health and in support of art& culture. In 2014, they made a subsequent back-to-back hand out of 94 million dollars which were allotted to the same sectors. Dick DeVos and his entire family believe in giving, and they insist that it is not about the material possession one would acquire with their vast wealth but by how much one gives with the aim of helping others.

Comments

Mckenzie Kole says:

AS far as I am concerned, I see the passion about this business as the key to why DeVos has made massive donations in that amount. Indeed smartwritingservice review is in time very useful in their service to people. The aim to help others will always mean that there is need to grow for purpose.

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