Richard DeVos, Amway Co-Founder, Orlando Magic Owner, Dies at 92
- Guided Amway’s 3 million distributors who sell 450 products
- Started company in 1959, survived pyramid scheme charge
This article is for subscribers only.
Richard DeVos Sr., the billionaire co-founder of the Amway direct-selling empire who used his fortune to buy the Orlando Magic basketball team and back conservative political causes, has died. He was 92.
He died Thursday at his home in Ada, Michigan, according to an emailed statement from the Orlando Magic. The cause was complications from an infection. He had received a heart transplant in 1997.