Cheri Devos, a name now synonymous with success in the tech industry, didn’t start her journey with a silver spoon. Born and raised in a small town in Michigan, she was the daughter of a school teacher and a factory worker, instilled with a strong work ethic and a curiosity for learning. Her fascination with computers began at an early age, leading her to pursue a degree in Computer Science at the University of Michigan.

After graduation, Cheri’s first job was at a startup company, where she was one of the few women in a sea of men. Undeterred by the gender imbalance, she threw herself into her work, learning rapidly and taking on more responsibilities. Her dedication and talent didn’t go unnoticed. She was soon promoted to a leadership role, marking the beginning of her rise in the tech world.

Cheri Devos’s Net Worth in 2025

As of 2025, Cheri Devos’ net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account her various business ventures and investments.

Cheri Devos’s Career

Cheri Devos is a successful entrepreneur and real estate investor. She began her career in the late 1990s, working in various roles within the real estate industry. In 2005, she founded her own real estate investment company, Devos Enterprises, which has since grown into a multi-million dollar business. Devos is also a motivational speaker and author, having published several books on real estate investing and entrepreneurship.

Cheri Devos’s Other Ventures

In addition to her real estate investments, Cheri Devos has ventured into other business areas. She is the co-founder of a successful e-commerce platform, which specializes in selling home goods and decor. She also has investments in several tech startups and is an angel investor for various women-led businesses.

Cheri Devos’s Assets

Cheri Devos’ assets include a diverse portfolio of real estate properties across the United States, valued at over $30 million. She also owns several luxury vehicles, including a Rolls-Royce and a Porsche, and has a collection of high-end art and jewelry, valued at over $5 million.

Cheri Devos’s Annual Income

Cheri Devos’ annual income is primarily derived from her real estate investments and her e-commerce platform. In 2024, her estimated annual income was around $10 million. This figure can fluctuate from year to year depending on the performance of her investments and businesses.

Frequently Asked Questions about  Cheri Devos

Cheri Devos Net Worth FAQs

What is Cheri Devos’ net worth?

Cheri Devos’ net worth is estimated to be around $50 million.

How did Cheri Devos make her money?

Cheri Devos made her fortune through her successful career as a businesswoman and entrepreneur. She is the co-founder and former CEO of the popular women’s clothing retailer, Soma Intimates.

When was Soma Intimates founded?

Soma Intimates was founded in 1998.

What is Cheri Devos’ role at Soma Intimates?

Cheri Devos served as the CEO of Soma Intimates from its inception until 2012. She then stepped down to become the Executive Chairwoman of the company.

What other businesses has Cheri Devos been involved in?

In addition to Soma Intimates, Cheri Devos has been involved in several other businesses. She is also a co-founder and investor in the activewear brand, Fabletics.

What is Fabletics?

Fabletics is a women’s activewear brand co-founded by Cheri Devos and Kate Hudson in 2013. The company operates on a subscription-based model and offers a wide range of athletic clothing and accessories.

What is Cheri Devos’ background?

Cheri Devos graduated from the University of California, Los Angeles with a degree in Economics. She began her career in the retail industry and worked her way up to become a successful businesswoman.

What is Cheri Devos’ age?

Cheri Devos was born on May 24, 1964, making her 57 years old as of 2022.

Where does Cheri Devos live?

Cheri Devos resides in Los Angeles, California.

What is Cheri Devos’ husband’s name?

Cheri Devos is married to Don Devos, the son of former Republican Party chairman Betsy DeVos. They have four children together.