how much money did the devos family donate to richard burr

by Prof. Kathleen Koepp Jr. 6 min read

How big are Betsy DeVos’s donations?

Those committee members receiving DeVos family contributions were the following, according to MCFN's tracking: Sen. Richard Burr (R-North Carolina) ($43,200); Sen. Bill Cassidy (R-Louisiana) ($70,200); Sen. Orrin Hatch (R-Utah) ($1,000) Sen. Lisa Murkowski (R-Alaska) ($43,200); Sen. Tim Scott (R-South Carolina) ($49,200); and Sen. Todd Young (R-Indiana) ($24,300).

How did the DeVos family become so rich?

Jan 04, 2016 · The DeVos family for the first time is shedding light on the totality of its philanthropy: nearly $1.2 billion in lifetime giving. That's what the family foundations reported to Forbes, which in...

Is Richard DeVos still alive today?

#351 Richard DeVos & family on the 2018 Billionaires - Richard DeVos cofounded direct-selling giant Amway. He died in September 2018. He and his …

Should senators who received donations from Betsy DeVos recuse themselves from voting?

Feb 08, 2017 · During DeVos’ confirmation hearing in January 2017, Senator Bernie Sanders asked her about how much her family had contributed to the Republican Party over the years, and she averred that an ...

Where did Devos grow up?

He grew up in the Great Depression and made his first sale (a few pennies) driving through his neighborhood in Grand Rapids, Mich. with his grandfather in a Model T. His daughter-in-law, Betsy DeVos, was appointed U.S. Secretary of Education under the Trump administration in February 2017.

When did Devos start Amway?

He died in September 2018. He and his high school friend Jay Van Andel (d. 2004) started Amway (short for "American Way") in 1959, selling multipurpose cleaner door-to-door. DeVos served as president until 1993. Today the company, now under the corporate umbrella of Alticor, is run by DeVos' and Andel's children.

Is FanDuel a duopoly?

FanDuel and DraftKings now enjoy a duopoly in Connecticut, with Yahoo exiting the state marketplace in response to a new law that requires any sports gambling or fantasy sports operator to first reach a cooperative agreement with either the state lottery or one of its two sanctioned tribes.

Is Volkswagen's electric car sales stalled?

Volkswagen’s ambitious electric car sales plans have stalled for the moment and investor s are getting nervous, although some analysts think worries have been overdone and sales will recover enough in the 2nd half to meet targets.

Is Pinehurst Resort in Italy extinct?

Particularly so for properties with a prime location like the Country Club of North Carolina, which is just minutes down the road from the iconic Pinehurst Resort. Family-run luxury houses are becoming extinct in Italy as the powerful invest fund laps up another storied brand.

Claim

Betsy DeVos and her family contributed millions of dollars to the campaigns of Republican candidates.

Origin

On 7 February 2017, Betsy DeVos was confirmed as Secretary of Education in the new Trump administration by a narrow 51-50 margin, with the tie-breaking vote being cast by Vice President Mike Pence.

How long did Dick Devos run the company?

Dick DeVos ran the company from 1993 to 2002. Today one DeVos (Dick’s brother Doug) and one Van Andel co-chair the board. The families split ownership 50/50, according to a spokesperson of the DeVos family. That stake has made the DeVoses unbelievably rich.

Who is Betsy Devos?

Betsy, the daughter of auto parts magnate Edgar Prince and sister of Blackwater founder Erik Prince, owes the vast majority of her fortune to her marriage to Dick DeVos. His father, Richard DeVos Sr., cofounded Amway in 1959 alongside his high school friend, Jay Van Andel. What began as two buddies selling an all-purpose cleaner door-to-door quickly grew into an army of independent salespeople hawking vitamins, soaps and other household goods to friends and family—and, controversially, earning money by signing others up as distributors too. Dick DeVos ran the company from 1993 to 2002. Today one DeVos (Dick’s brother Doug) and one Van Andel co-chair the board. The families split ownership 50/50, according to a spokesperson of the DeVos family.

Who owns the Seaquest yacht?

Another entity, Windquest Group, manages Dick and Betsy’s personal investments from a few blocks away. The DeVoses own a sportsplex in Florida, a baseball stadium in Michigan and a resort in the Bahamas. They reportedly own at least ten yachts, including the 164-foot Seaquest.

Who is Richard Devos?

Richard DeVos Sr. is the founder of the multilevel marketing firm Amway (now Alticor) and owner of the Orlando Magic. A supporter of free market capitalism and a backer of the Christian Right, the elder DeVos was one of a select few to fund the rise of the New Right in the 1970s.

How much money did Toomey get from the Devos family?

Toomey received $60,050 from the DeVos family during his political career. He was also boosted by two super PACs in his successful 2016 re-election campaign that received DeVos money. Freedom Partners Action Fund, the super PAC founded by the billionaire Koch brothers, spent $7 million to support Toomey’s election while getting $150,000 from ...

When did Devos defend herself?

In 1997, after facing years of criticism for her and her family’s campaign contributions, DeVos defended herself in Roll Call. “I have decided to stop taking offense at the suggestion that we are buying influence,” she wrote. “Now I simply concede the point. They are right. We do expect something in return.

Who is the Senate leadership fund?

Senate Leadership Fund, a super PAC linked to Senate Majority Leader Mitch McConnell (R-Ky.), spent $15 million to back Toomey after getting more than $2 million from the DeVos family. For now, it looks like Toomey is a DeVos supporter.

Did Betsy Devos get rich?

Betsy DeVos came from a wealthy family herself, although not nearly as rich as the billions amassed by Richard DeVos Sr. Her father made millions in the car parts industry.