Betsy DeVos is an American government official and a businesswoman. Currently, she is the Secretary in charge of Education in the USA. She is a supporter of school coucher systems, school choice and charter school programs.
She was born as Elizabeth Dee Price on January 8, 1958 in Holland, Michigan, to the famous billionaire industrialist Edgar Prince and his wife Elsa Prince. Her father is the head of Prince Corporation, a distributor of mobile parts in Holland. Betsy has a brother, Erik Prince, who is a former US Navy Seal and the founder of Blackwater USA, a private military service.
Betsy attended Holland Christian High School, and after graduation, enrolled herself into Calvin College. She graduated in 1979 with a bachelor’s degree in business economics. During her college years, she started her career in politics.
Betsy DeVos is married to a multi-billionaire heir Richard Marvin DeVos Jr. He is a renowned charity donor for different social causes and political campaigns. He ran for the gubernatorial seat in 2006 with the Republican Party, and had the full support of his wife. The pair has four children, Rick, Elissa, Andrea and Ryan. Rick is the urban development consultant at the Windquest Group.
Career, Awards and Nominations
Betsy started her political career in 1982 in the Republican Party of Michigan. She worked sixteen conservative terms as a delegate, each lasting two years. From 1996 to 2000, she was a chairwoman in the Republican Party, and was a chairperson a the Senate finance for the Bush administration. Her family supported Jen Bush in the Republican Presidential nominations.
She is currently the chairperson of the WIndquest Group, a technology company. She is the coo-founder, alongside Dick DeVos. The family started a Broadway broadcast in 2012, called Scandalous: The Life and Trials of Aimee Semple McPherson. Betsy and Dick are also Neurocore Center’s primary investors.
Betsy was nominated by Donald Trump in 2016 as the United States Secretary of Education. Many doubted her skills, but so far, she has been doing a much better job than expected.
Betsy DeVos Net Worth
At the moment, Betsy DeVos net worth is estimated to be $1.5 billion. Her family is a constant member on the list of 100 wealthiest families in America. She earned most of her wealth from the family business and the current political position. One interesting detail is that she owns a luxurious, $40 million yacht.