Dick DeVos and his Philanthropic Contributions have no Stop

Dick DeVos, former Chief Executive Officer of Amway Corporation and a well-known educational activist, has no stop in terms of his philanthropic contributions. Per the latest reports, Dick and his wife Betsy DeVos have spent at least $139M for various charitable activities. I am still wondered how effectively he manages his contributions falling on the right heads and even finding time for his activism from his busy entrepreneurial life. There were few critics for his political contributions, and I can remind them that in the year 2015 alone, Dick has contributed $11.6 million that is almost double to his five-year political contributions which are standing at $5.3 million.

 

Even Dick’s father and the co-founder of Amway, Rick DeVos was a major contributor to various philanthropic causes, and the total contributions of the family stand at $1.33 billion which is a quarter of their total fortune worth $5.2 billion. The family has a strong sense of understanding that it is not about any costly dress they wear or any branded cars they drive, but it is about what they contribute to the society. In the year 2015, Forbes ranked the DeVos family as the #24 in the top charitable contributors in U.S. Dick and Betsy have set up a foundation to ensure the efficient contribution to various non-profit organizations called Dick and Betsy DeVos Family Foundation. Dick contributes in five areas, and that include education, arts, leadership, justice, and community.

 

A significant percent of his contribution goes to education, and in the year 2015, almost $3 million went to education and its improvements. Dick has strong apprehensions about the current education. I too share his feeling of the current education system in U.S. not sufficient to follow the American dream. Dick is very upset with the fact that people from wrong ZIP codes and disadvantaged backgrounds are not able to fulfill their optimum, due to inaccessibility to quality education. I admire for his educational activism as well and feel that his ideas such as the school of choice, charter school system, school vouchers, and school grading system are well crafted and can be an apt choice for improving the quality of education.

 

Dick started his career with Amway Corporation in the year 1974 and held various responsibilities including working as the Vice President of the firm with responsibilities of foreign operations. DeVos family bought NBA team, Orlando Magic in 1991, and Dick was appointed as the President of the team. In 1993, he returned to Amway as the CEO and helped the firm in a major restructure. Currently, Dick is the Chairman of The Windquest Group, a privately owned investment management firm. He is also on the advisory board of a number of foundations such as Kids Hope USA, Kennedy Center Institute of Arts Management, ArtPrize, and more.

 

Intriguing Qualifications Possessed by Eric Lefkofsky

Born in 1969, Mr. Erick has registered a desirable profile especially as a successful entrepreneur in America. According to the latest report from Forbes, he is worth 1.27 billion USD. The days of his youth were also amazing as he studied from the University of Michigan, Law School and attained the position of a doctor in jurisprudence. On top of that he also pursued a bachelors in Arts and Sciences, still at the University of Michigan. You may find it interesting to note that Erick was selling carpets while at the University.  More interested article on chicagobusiness.com.

 

 

Erick and his wife Elizabeth are remarkable in philanthropy. They launched the Lefkofsky Family Foundation in 2006 and it has since supported the benevolent, scientific and educational organizations. They serve the purpose across the globe, and are aiming at improving human life through specific programs and research. The facility also plays a central role in the Chicago arts and cultures donations.

 

 

Some Distinguished Positions Held by Erick

 

 

Having built his profile and net worth so well, Eric has proved to be accountable and as such has been the CEO of Groupon since 2013, which is a business venture launched in 2008 and serving over 250 markets in Europe and North America. He also holds significant positions in other ventures such as InnerWorkings, Qwiki, Belly to mention but a few. His leadership qualities are way above the curve and therefore incontestable.  Check linkedin.com for more info.

 

 

Eric Lefkofsky has also founded a facility aimed at automating and improving cancer treatment across the world. Tempus, which is a highly regarded facility is held as an equipment through which the medics provide their services and salutary information with an aim of improving the decisions made in regard to health. The facility is helping many believe in the ability of machine learning to enhance the health state of the human race. Basically it is meant to improve the results attained from therapies undertaken on cancer patients.

 

 

Conclusion

 

In a nutshell, Eric Lefkofsky is an icon in the entire globe, leave alone America. He has authored a book ‘Accelerated Disruption,’ which addresses crucial concepts to be upheld by ventures that will stand the great technological advancement. According to Eric, there are disruptive ventures being birthed every day, and as they get sustained in the markets, it becomes a struggle since they are unable to appreciate the speed at which technology needs to be embraced. Having several technology startups that are worth multibillion dollars accords him a position to write and offer advice.

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