Betsy Devos Net Worth (Updated 2025).
Betsy DeVos, born Elisabeth Dee DeVos, began her career in the early 1980s, working for her father’s business, the Prince Corporation. Here, she honed her skills in marketing and sales, which would later prove invaluable in her political and advocacy pursuits. In 1989, she married Dick DeVos, the son of Richard DeVos Sr., co-founder of Amway, a move that would significantly influence her future endeavors.
**Betsy DeVos’ Current Net Worth (2025)**
As of 2025, Betsy DeVos’ current net worth is estimated to be around $2.4 billion. This figure is derived from her various business ventures and investments, as well as her husband Dick DeVos’ substantial wealth.
**Betsy DeVos’ Career**
Betsy DeVos, born Elisabeth Prince, is an American businesswoman and philanthropist. She served as the 11th U.S. Secretary of Education from 2017 to 2021 under President Donald Trump. Prior to her political role, she was a prominent figure in the Republican Party and a strong advocate for school choice and charter schools. DeVos also served on the Michigan Republican Party’s executive committee and was the party’s chairwoman from 1996 to 2000.
**Other Ventures**
Before her political career, Betsy DeVos was involved in various business ventures. She co-founded The Windquest Group, a Michigan-based investment firm, with her husband in 1989. The company focuses on making investments in technology, manufacturing, and clean energy sectors. Additionally, DeVos has served on numerous corporate boards, including those of the Windquest Group, Neurocore, and the Kenworth Sales Company.
**Assets**
Betsy DeVos’ assets include significant real estate holdings, primarily in Michigan and Florida. The couple owns multiple homes, including a lakeside mansion in Ada, Michigan, and a condo in Palm Beach, Florida. They also own a 19th-century mansion in Washington D.C., purchased during her time as Education Secretary. DeVos’ assets also include a substantial art collection, with pieces valued at tens of millions of dollars.
**Annual Income**
Betsy DeVos’ annual income has varied significantly over the years, primarily due to her husband’s business ventures and her political role. Before her appointment as Education Secretary, her annual income was largely derived from her husband’s business interests and their investment firm, The Windquest Group. During her time in office, her annual income was reported to be $1.1 million, primarily from her husband’s businesses and investments.
Frequently Asked Questions about Betsy Devos
**Frequently Asked Questions: Betsy DeVos Net Worth**
1. What is Betsy DeVos’ net worth?
Betsy DeVos’ net worth is estimated to be around $2.4 billion.
2. How did Betsy DeVos make her fortune?
Betsy DeVos’ fortune comes primarily from her husband Dick DeVos’ inheritance from his father, Richard DeVos, the co-founder of Amway. She has also been involved in various business ventures and political activities.
3. What is Betsy DeVos’ role in the education sector?
Betsy DeVos served as the 11th U.S. Secretary of Education from 2017 to 2021. She is a prominent advocate for school choice and has been involved in various educational initiatives and reforms.
4. What is Betsy DeVos’ political affiliation?
Betsy DeVos is a Republican. She has been a significant donor to the Republican Party and has been involved in various political campaigns.
5. What is Betsy DeVos’ involvement with the DeVos family’s philanthropic efforts?
Betsy and Dick DeVos are known for their philanthropic efforts. They have donated to various causes, including education, healthcare, and arts and culture, through the Dick & Betsy DeVos Family Foundation.
6. What is Betsy DeVos’ stance on LGBTQ+ rights?
Betsy DeVos has been criticized for her stance on LGBTQ+ rights. She has supported legislation that would allow discrimination against LGBTQ+ individuals in the name of religious freedom.
7. What is Betsy DeVos’ relationship with the Trump administration?
Betsy DeVos was a member of Donald Trump’s transition team and served in his cabinet as the U.S. Secretary of Education. She was one of the longest-serving members of Trump’s cabinet.
8. What are some of the controversies surrounding Betsy DeVos?
Betsy DeVos has faced several controversies during her tenure as U.S. Secretary of Education, including her handling of the for-profit college scandal, her stance on campus sexual assault, and her proposed changes to special education rules.
9. What is Betsy DeVos’ role in the arts and culture sector?
Betsy DeVos has been involved in various arts and culture initiatives. She served on the board of the Kennedy Center for the Performing Arts and has been a significant donor to arts organizations.
10. What are Betsy DeVos’ future plans?
After leaving her position as U.S. Secretary of Education, Betsy DeVos has not announced any specific plans for her future. She continues to be involved in political and philanthropic efforts.