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Dick DeVos
Inducted 1990
The
beginning of his journey toward success didn't look too bright for
Richard (Dick) DeVos, who was born in Grand Rapids, Mich., in 1926.
One of his early chores at home was keeping the coal going for heat.
A special treat was getting a penny to spend each week. He and a
lifelong friend Jay Van Andel experienced several adventures and
started several business ventures together including a flying school
and a drive-in restaurant. They founded Amway in 1959 with one
product, a biodegradable cleaner called L.O.C. Over time, they
expanded their product line to include other household cleaners,
plus personal care, nutrition and wellness, and home living
products. In October 2000, Amway became one of three subsidiaries
under a new parent company called Alticor, along with two sister
companies: Quixtar Inc., a web-based business in North America and
Access Business Group Inc., a business service provider. In its most
recent fiscal year, Alticor reported sales of $4.5 billion in the
markets it owns or manages. As DeVos puts it, "We didn't take any
shortcuts, we just persevered."
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