ADA, Mich. — Billionaire Richard DeVos, co-founder of direct-selling giant Amway, owner of the Orlando Magic and father-in-law of Education Secretary Betsy DeVos, died Thursday. He was 92.
Family spokesman Nick Wasmiller says DeVos died at his Ada, Michigan, home due to complications from an infection.
DeVos was born in Grand Rapids, Michigan. He started Amway along with friend, Jay Van Andel, in 1959. DeVos served as company president until 1993.
The DeVos family bought the NBA’s Orlando Magic in 1991.
“Mr. DeVos’ boundless generosity, inspirational leadership and infectious enthusiasm will always be remembered,” Magic CEO Alex Martins said in a statement.