This means that for Betsy DeVos, paying to restore this luxury yacht will be the equivalent of the average American family spending fifteen centsroughly the cost of a single dry erase marker that she would really prefer teachers to pay for out of their own pockets. The boat, christened SeaQuest, is often spotted in Florida or the Caribbean, according to something called SuperYachtFan.com, and can comfortably accommodate a dozen passengers in six cabins. A $40 million yacht owned by the family of U.S. Secretary of Education Betsy DeVos was vandalized in Ohio, reportedly causing somewhere from $5,000 to $10,000 worth of . The Windquest GroupDick DeVos is the owner ofThe Windquest Group, an investment management firm. And DeVos means The Fox in Dutch.The boat Kitsune is based behind Dick and Betsys mansion on Lake Macatawa. The yacht was sold in 2019 and is now named Chasing Daylight. And a smaller 85ft Pacific Mariner (a Westport brand) named Sun Quest. "It reminds me of Colorado or Utah but you also have all this shoreline," DeVos said of the terrain. By clicking Sign up, you agree to receive marketing emails from Insider One of her yachts was untied and set adrift into Lake Huron. The yacht Legacy was built by Westport Yachts in 2012 as hull 5009. Get the latest tips you need to manage your money delivered to you biweekly. The firms investments focus on technology and clean tech. He was with Amway Corporation from 1980-1995 in a variety of capacities including VP-Pacific and VP of Corporate Affairs. Read our submission guidelines, and pitch us at firstperson@vox.com. As Newsweek reports, DeVos' family yacht, the SeaQuest, is a foreign vessel in American waters. The crew was able to regain control, but not before the ship struck the dock, suffering several scratches and scrapes, the report said. Dan DeVos is a member of the Board of Directors of Alticor, parent company of Amway, one of the world's leading direct selling companies. And DeVos means The Fox in Dutch. In 1974, he began his career as a salesman for his father's Amway. They are owners of the yacht Legacy. He married his wifePamella Roland in August 1981 and they have been together for decades now. Westport yachts are built using a combination of traditional craftsmanship and cutting-edge technology. Please mention SuperYachtFan when using this information. The company started by selling Nutrilite food supplements. DeVos is estimated to be worth $1.3 billion. The boat doesn't belong to U.S. Department of Education Secretary Betsy DeVos and her husband . [2], Since 1993, DeVos has served as president and chief executive officer (CEO) of DP Fox Ventures based in Grand Rapids, Michigan. They finished the foreshortened 2021 season just one point behind champions Sled and that hurt, so close and yet so far. "I wanted somebody who was young and adventurous," said DeVos, who gave Smith control of the boat and the route they would take. The 149 ft Enterprise IV was built in 1985 and is now named Explora. The yacht Legacy was built by Westport Yachts in 2012 as hull 5009. 24/7 coverage of breaking news and live events. At this time, it is unclear how the SeaQuest's temporary unavailability will affect the multiple DeVos family employees who are responsible for scheduling their various nautical excursions and ensuring that each onboard meal adheres to "proper table etiquette, service, and entertaining protocol." The SeaQuest is staffed by a crew of twelve and, additionally, accommodates as many as twelve guests at a time. This was an instant success as many people around the world are interested in, or curious about, these multi-million dollar yachts and their wealthy owners. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. That meant polishing the stainless steel, wiping floors and cleaning the head, the boat's common bathroom, and taking a few digs when his work wasn't up to the captain's standards. They've been with us through our ups-and-downs, and we've always appreciated that about Orlando. As of the wiki 2022, Dan DeVos has an estimated net worth of $5.4 billion at the age of 67, and his family is entitled as the 88th richest family in America by Forbes. During the trip, they visited and explored the following countries: Fiji, Vanuatu, Solomons, PNG, Indonesia, Sri Lanka, Maldives, Seychelles, Tanzanie, Mozambique, Mayotte, Madagascar, South Africa, Swaziland, Lesotho, Namibia, St Helena, Brazil, Uruguay, Argentina, Falklands, Antarctica, Chile, Ecuador, Costa Rica, French Polynesia, Cook Islands, Niue and Tonga. DeVos is chairman and CEO of DP Fox Ventures, LLC, a diversified management company with interests in real estate, transportation, and sports and entertainment. Dicks father founded the Richard and Helen DeVos Foundation. That move saves the DeVoses an estimated $2.4M in state taxes each year. Huron Police responded to a call early Sunday to find . But there is info available about the next four. He has been much more involved in the day-to-day decisions of the team than his . The richest person in the world is an American, there are many business opportunities in America due to its advanced form of technology and easy access to raw materials. One of the reasons he attended GVSU is so he could be near his parents and three younger sisters. Often actual yacht ownership by the private individuals mentioned can not be confirmed, at least from a legal point of view. Dick DeVos, his father, was born in the United States on October 21, 1955, in Grand Rapids. Tanza joined Business Insider in June 2015 and is an alumna of Elon University, where she studied journalism and Italian. (Luxury travels of the Billionaire Boys Club). The Education secretary, who is part of one of the wealthiest presidential cabinets in modern U.S. history, has been heavily scrutinized as the billionaire without any education-related experience. Whatever the motivation, someone did about $10,000 damage to Magic owner Rich DeVos' yacht over the weekend. The couple invested in the Orlando Magic basketball team, distilleries, a hard cider company and a brain performance company, Neurocore, which was recently being investigated by the Better Business Bureau for its claims that it could improve illnesses like depression and anxiety by retraining the brain. The 131 ft Enterprise III was built in 1980 and is now named Seagull of Cayman. And a smaller 85ft Pacific Mariner (a Westport brand) named Sun Quest. We spend a lot of team researching and deeply investigating yacht ownership structures. In fact, according to the report, the 164-foot vessel flies the Cayman islands flag even though. Dick DeVos, Doug DeVos, and Suzanne DeVos. [9] Addressing reporters at the team's 2018 media day, DeVos spoke about the strong support from the Orlando community for the team since the DeVos family purchased it in 1991. The family was led by Richard DeVos, the co-founder of Amway, a direct-selling company. The family is also known for their philanthropy and political donations, primarily to Republican and conservative causes. The company grew very fast and is now one of the 30 largest companies in the US. She is married to Dick. DeVos business partner Steve van Andel is the owner of the yacht MLR. Our reporting is copied and/or used by many international media companies. (Source: Business Insider) We spend a lot of team researching and deeply investigating yacht ownership structures. These photos are examples of other interiors of Westport 164 yachts, similar to Legacy. Her brother Erik Prince currently heads the private equity firm Frontier Resource Group. Her exterior design is by Donald Starkey. Dan owns Orlando Magic which is worth $1.46 billion with its franchise. Salesmanship is how DeVos grew Amway, the company he cofounded in 1959, from a meager soap business into a multibillion-dollar worldwide conglomerate. Dan is also the majority owner, president, and CEO of the Grand Rapids Griffins of the American Hockey League and used to own Arena Football Leagues Grand Rapids Rampage. Donations are done through several family foundations. When their boat sunk off the coast of Cuba, the two adventurers were rescued by a freighter, and continued their 6-month journey by finding different modes of transportation. The Fox companies collectively represent 41 brands at 28 locations. When they told him of their plans, DeVos was so excited he couldn't sleep that night. He currently serves on Amway's board of directors. The yacht can accommodate 12 guests and has a crew of 11.Who is the Owner of the Yacht LEGACY?The yachts owner is the Devos family. He is not available on social media and prefers it that way, Dan is a private person who likes to keep his life at a low profile. Community Rules apply to all content you upload or otherwise submit to this site. Its bad enough that we have a president who oversaw a massive redistribution of wealth toward the already wealthy through tax breaks. Under his ownership, the Rampage won Arena Bowl XV in 2001, defeat the Nashville Kats, 64-42. The details about yacht ownership as stated on this site and in our Yacht Owners Register are sometimes based on rumors. DeVos press office did not respond to ABC News' request for comment. Sad news yesterday out of Huron, Ohio, a tiny town nestled on the shores of beautiful Lake Erie: A $40 million yacht owned by the family of Betsy DeVos, who believes that public education is a ridesharing app, was vandalized by an unknown person or persons last weekend. The Toledo Blade reports that police were summoned to the docks on Sunday morning after crew members discovered that the 163-foot craft had been untied from its mooring overnight. The New York Yacht Club first won the America's Cup in 1851. There is Seaquest, a Westport 164 from 2008. He had thought about it from many angles and was determined to do it. As we can see, we are not dealing with nice people. But there is info available about the next four. "Secretary DeVos travels on personally-owned aircraft, accompanied by her security detail and whenever possible, additional support staff, at zero cost to US taxpayers," her spokeswoman Elizabeth Hill said in September. His parents came twice. Her annual running costs are around $4 million. They praised him for dreaming big. It specializes in building custom-made luxury motor yachts that range in size from 82 to over 130 feet in length. DP Fox Ventures. Dan resides in Grand Rapids in a modern house with his family. One of Secretary of Education Betsy DeVos' yachts was vandalized over the weekend, according to Ohio police. Their family continues to own the franchise and son, Dan DeVos, has served as the . Rich DeVos has told his grandson that if he and Van Andel hadn't done that trip they wouldn't have built a successful company. (Photo by Alex Wong/Getty Images) U.S. Betsy DeVos Trump Education Secretary Betsy DeVos's extravagant multi-billion dollar. He missed out on the 2006 season, then in 2007 joined the Warpath programme of Steve and Fred Howe. Among the places they planned to visit were Cuba, the Dominican Republic, Puerto Rico and Venezuela. "I completely understand that now," Dalton DeVos said. Investments includeElectra-Therm,Boxed Water,andAOBiome. In February 2017DeVoswas confirmed as the 11th United States Secretary of Education after being nominated by President Trump. We would have been carried to the rocks and smashed," said DeVos, noting that although the general procedure is to leave someone behind to safeguard the boat, the crew always did their adventures together. The company uses the latest computer-aided design and manufacturing techniques to ensure that each yacht is built to the highest standards of quality and performance.Message to Other MediaPlease mention SuperYachtFan when using this information!Yacht CharterThe boat is not available foryachtcharter. (. The family investment company of Doug and Maria DeVos has acquired a majority stake in Walstrom Marine Inc., a yacht sales and service company and marina operator in Northern Michigan.. Grand Rapids-based Continuum Ventures LLC invested in Walstrom Marine with Colony Marine Sales and Service Inc., a large family-owned boat dealer and service company based in St. Clair Shores that assumed a . With nice people owner Rich DeVos & # x27 ; yachts was vandalized over the weekend, to! 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