Betsy DeVos who is the United States Secretary of Education Is also a businesswoman, politician and a philanthropist. The Secretary of Education who his confirmation sailed through because of Vice President Mike Pence tie breaking vote is part of the wealthiest presidential cabinets in the Trump administration.
Considering Betsy DeVos is married to one of the family members from DeVos family which is the 88th richest family in U.S with a net worth of $5.4 billion Dick DeVos what do you think is Betsy DeVos net worth as of 2018? Well I have outlined information regarding Betsy DeVos net worth fortune and a few things you probably don’t know about the eleventh U.S Secretary of Education Betsy DeVos.
Betsy DeVos Biography
Elisabeth Dee DeVos is the daughter Of Edgar Prince and Elsa Prince. She was born in 1958 in Holland, Michigan where she was brought up. Betsy was raised as a Christian together with her political brother, Erick prince. She studied at a private school called Holland Christian high school. In 1979, she graduated with a degree in economics from Calvin College where her passion for politics emerged from.
Betsy is a wife to Dick DeVos a son of the billionaire Rich DeVos who is a former president of Alticor and now the current president of The Windquest Group. Together the couple have 4 kids; Ryan, Rick, Andrea and Elisa.
Betsy political career started earlier in life where in 1982, she joined the Michigan Publican Party and worked as a district ambassador for 2 terms. From 1992- 1997 she served as a committeewoman and between 1996 and 2000, she was a chairwoman for the party. She was chosen again as a chairwoman for the next term in 2003. In the 2004 US presidential elections, she supported George Bush and canvassed for his re-election.
During the 2016 US elections she supported Marco Rubio and after Donald trump won the elections, she was selected as the United States Secretary of Education. However not all people were happy about her nomination, since they said that Betsy was not an education counsellor. The teacher’s alliance was also dissatisfied but she was acclaimed by the school choice followers.
In her business career, she is a member of an investment firm, Windquest Group which she chairs. Betsy in collaboration with her husband started their company in 1989 which dealt with energy, manufacturing and technology. In 2012, the couple produced a life based platy, ‘The Life and Trials of Aimee Semple McPherson’ which was shown for 3 weeks in the theatre. The play’s lines were written by Kathie lee Gifford which also featured her book.
On awards and achievements: Betsy hasn’t been awarded with any official award yet but the fact that she is the Secretary of Education in Trump government that’s an achievement.
How much is net worth of Betsy DeVos
Betsy DeVos net worth stands at about $1 billion. The source of Betsy DeVos net worth fortune is her companies which she co-founded with her husband. The fact that she is also the wife of Dick DeVos who will be receiving the family’s $5.1 billion from the sales giant Amway which was founded by the grandfather. She also adds up her net worth fortune from the salary she is earning as the Secretary of Education.
6 Facts You Need To Know About Betsy DeVos
After going such a tough test in becoming the 11th Secretary of Education and only the Vice president Mike pence vote could save her we have compiled a list of 6 things you probably don’t know about Betsy DeVos.
1. She has been a vocal advocate for school choice and vouchers.
2. Betsy actually supports Charter schools and any other non-public school alternatives available.
3. She denied being a supporter of Common Core groups.
4. She is not that of a trump loyalist considering she gave her full support to John Kasich.
5. She has no professional experience at all in matters related to schools unlike the rest of the office holders. She dint even attend a public school so does is her children.
6. Her track record in Michigan with charter school is viewed by many as poor since the charter schools perform below average.
Since Betsy is now part of the DeVos family we can confidently expect a rise in Betsy DeVos net worth in 2019 and also considering her lucrative government position definitely her net value will shoot up.