Rich DeVos, Fred Meijer make Forbes’ list of richest people

by louabbott on March 7, 2008

The Grand Rapids Press- Published March 07, 2008

Amway co-founder Rich DeVos made the Forbes list of richest people in the world (again), coming in at 288th. So did Fred Meijer “and family,” ranked 605th.

But those were the only two of West Michigan’s ultra-rich people to turn up on Forbes’ radar. The New York-based magazine released its list Thursday..

DeVos’ profile says his net worth is $3.7 billion. Ada-based Alticor, parent company of Amway, recently reported 2007 sales of $7.1 billion. Forbes ranked it the 43rd largest private company in the country last year, based on $6.3 billion in 2006 sales.

Meijer’s Forbes profile put his net worth at $2 billion. In November, he was included on Forbes’ Frugal Billionaires list.

Read the entire article at Forbes

Also, read our company overview: Amway Facts, News and Review

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