Philanthropic Causes Supported by Dick DeVos’ Family

Dick DeVos is a prominent businessman based in Grand Rapids, Michigan. He was worked for several companies, serving various executive roles and leading them to great success. Mr. DeVos is one of the most recognized philanthropists in Grand Rapids, where his family has contributed approximately $139 million to various charitable programs throughout their life. Dick is the son of Rich DeVos, the co-founder of Amway, whose family is recognized for funding Republican Party politics for many years. According to data released on Forbes, Rich DeVos’ family donated $104 million to charitable causes in 2015 alone, appearing on 24th position among “America’s Top Givers”. Dick’s wife, Betsy DeVos was appointed by President Trump to serve as Education Secretary. She is a daughter of Edgar Prince, whose family is also recognized for funding political and charitable initiatives.

 

Supporting Education

 

Mr. Dick DeVos’ family is prominent for funding various educational initiatives, especially in Grand Rapids and other parts of Michigan. More than 30% of their annual donations are channeled to various education programs, particularly those targeting kids of low income-earning parents. The family channels its contributions through Dick and Betsy Family Foundation, and according to its 2015 financial report, they gave out $11.6 million to fund various programs in that year. Before 2015, Dick’s family had donated $5.3 million in five years. From their 2015 donations, over $3 billion was used to fund education programs as well as supporting other organizations involved in advocating for reforms within the education sector in the United States.

 

Need for Education Reforms

 

According to Mr. Dick DeVos, the current education system is not able to fulfill American dream. During an interview with The Grand Rapids Press and MLive, Dick said the situation was turning to a civil rights problem where kids are discriminated based on family backgrounds. The couple has been advocating for charter schools and vouchers as a way of ensuring there is equal access to education among American kids. This choice is supposed to address the problem of non-performing public schools, according to Mr. Dick DeVos.

 

An Overview of Dick DeVos’ Personal Background

 

Throughout his business career, Mr. DeVos has spent most of it serving executive roles at Amway, Orlando Magic and currently the President The Windquest Group. During his tenure at Amway between 1993 and 2002, he held various positions including VP in charge of the company’s operations in eighteen nations outside North America continent. He eventually assumed the role of President in charge of operations in fifty countries, where the company reported sales of $4.5 billion in his final year. He had also served as the Chief Executive Officer and President of Orlando Magic from 1991 to 1993. He co-founded The Windquest Group with Betsy DeVos, where he is serves as the President.

 

 

Hussain Sajwani Dubai Based Real Estate Developer Leaping Big from the Real Estate Business

Dubai is among the best places for real estate business, and a Dubai-based property developer Hussain Sajwani is leaping slowly from this business. Hussain Sajwani is the current chairman and CEO of DAMAC Properties a leading real estate firm in the UAE. Hussain graduated from the University of Washington and studying in a western country gave him a great business skill that helped him to do great business in Dubai.

Hussain Sajwani began his career at GASCO a branch of Abu Dhabi National Oil Company where he had the responsibility of managing major contracts. He did not work for a long time; he left GASCO in 1982 and founded a company that mainly focused on offering catering services.

His interest in the real estate markets began while he was running the catering business. Many people were visiting Dubai for business, but the accommodation was limited. Hussain saw this as an opportunity for him to make money.

]The numbers grew, and the supply of housing services was low compared to the demand. Hussain rose to action, and this is how he began buying lands and building hotels to accommodate the growing numbers of business people visiting the Arab nation. He registered his trading company DAMAC properties in 2002, and since then the company has diversified from building hotels to taking all the businesses in the real estate industry. Learn more about Hussain Sajwani: http://www.forbes.com/profile/hussain-sajwani

DAMAC Properties currently has created employment for over 2000 people who come from all over the world, and it is the largest property development company in the Middle East. The firm has luxurious properties not only in Dubai but also other cities as well including; Doha, Beirut, Jeddah, London, Abu Dhabi and Amman among others.

Hussain Sajwani’s company DAMAC has grown so fast since its inception, and it is now publicly listed, and willing investors can now buy the company shares from the Dubai financial markets at very competitive prices. Read more: DAMAC Help Needy Children

DAMAC mostly deal in prestigious real estate properties, and their primary target is the high-end market. As a great entrepreneur, Hussain holds a lot of shares in the best investments companies in the world.

Hussain has worked with the best investors the world has among them the US president Donald Trump who together they developed Trump International Golf Club which has very luxurious villas which were sold for over two billion US dollars earning the investors very high profits.

Hussain Sajwani is philanthropic, and among the charitable initiatives he has worked closely with is the Ramadan initiative which seeks to cloth over one million children who come from challenged backgrounds.