Dick Devos Net Worth (Updated 2026).
Dick Devos, born into a prominent Michigan family, began his professional journey in the early 1980s. After graduating from the University of Michigan with a degree in business administration, he joined the family-owned Prince Corporation, a global automotive supplier. Here, he honed his skills, rising through the ranks to become the company’s president.
In 1989, Devos made a significant shift in his career when he co-founded WindQuest Group, a private investment management firm. This venture allowed him to diversify his portfolio, investing in a variety of industries, including manufacturing, technology, and real estate. It was during this time that Devos began to gain widespread recognition, not just for his business acumen, but also for his philanthropic efforts.
Table Of Contents
Dick Devos’ Current Net Worth
As of 2025, Dick Devos’ current net worth is estimated at $5.4 billion, according to Forbes. This makes him one of the wealthiest individuals in the United States.
Career
Dick Devos co-founded Windquest Group, a private investment management firm, in 1989. He served as the President of Amway from 1993 to 2002. He also ran for Governor of Michigan in 2006, losing to Jennifer Granholm.
Other Ventures
Devos is a passionate advocate for school choice and has been involved in various educational initiatives. He and his wife, Betsy, have donated millions to support charter schools and school voucher programs.
Assets
Devos’ assets include a majority stake in the Orlando Magic NBA team, a private aviation company, and a portfolio of real estate investments. He also owns a minority stake in the Chicago Cubs baseball team.
Annual Income
Dick Devos’ annual income is not publicly disclosed. However, his wealth has primarily come from his business ventures and investments, particularly through Windquest Group and his stake in the Orlando Magic.
Frequently Asked Questions about Dick Devos
**Frequently Asked Questions: Dick Devos Net Worth**
1. What is Dick Devos’ net worth?
As of the latest estimates, Dick Devos’ net worth is approximately $5.4 billion.
2. How did Dick Devos make his fortune?
Dick Devos co-founded Windquest Group, a private investment management firm, with his wife, Betsy DeVos. He also serves as the chairman of The Dick and Betsy DeVos Family Foundation. Additionally, he has interests in various businesses, including manufacturing, aviation, and real estate.
3. Is Dick Devos a billionaire?
Yes, Dick Devos is a billionaire. His net worth places him among the wealthiest individuals in the world.
4. What is Dick Devos’ source of wealth?
Dick Devos’ wealth primarily comes from his business ventures, investments, and family inheritance. His grandfather, Richard DeVos Sr., co-founded Amway, a multi-level marketing company.
5. How much is Dick Devos worth compared to his wife, Betsy DeVos?
While both Dick and Betsy DeVos have significant wealth, Dick Devos’ net worth is estimated to be higher, at approximately $5.4 billion, compared to Betsy DeVos’ estimated net worth of around $2.4 billion.
6. What is the DeVos family’s net worth?
The DeVos family, including Dick and Betsy DeVos and their children, has a combined net worth of approximately $7.8 billion.
7. How much has Dick Devos donated to charity?
Through The Dick and Betsy DeVos Family Foundation, the couple has donated millions of dollars to various charitable causes, including education, healthcare, and community development.
8. What is Dick Devos’ political affiliation?
Dick Devos is a Republican. He has been involved in politics and has supported various political campaigns, including his wife’s nomination as the U.S. Secretary of Education.
9. What is Dick Devos’ education background?
Dick Devos graduated from the University of Michigan with a Bachelor of Arts degree in business administration.
10. What are some of the companies that Dick Devos has invested in?
Dick Devos has invested in various companies through Windquest Group, including manufacturing, aviation, and clean energy businesses. Some of these companies include: The Windquest Group, The Orlando Magic, and The West Michigan Aviation Academy.
