Latest Update: Betsy DeVos ( Updated) Net Worth 2026: Career Earnings & Assets

As one of the most talked-about figures, Betsy DeVos has built a significant fortune. Our team analyzed the latest data to provide a clear picture of their income.

What is Betsy DeVos's net worth?

Betsy's wealth comes from two sources.

Nomination for US Secretary of Education

Betsy DeVos was born as Elisabeth Prince on January 8, 1958 in Holland, Michigan as the eldest of four children of Elsa and billionaire industrialist Edgar, who founded the car parts supplier Prince Corporation. One of her siblings, Erik, went on to found the private military services contractor Blackwater.

Growing up, DeVos was a member of the Christian Reformed Church in North America. She was educated at Holland Christian High School, and then at Calvin College, from which she graduated in 1979 with a BA in business economics. During her college years, DeVos volunteered forGerald Ford'spresidential campaign.

Despite having opposedDonald Trumpduring the 2016 presidential election,DeVos was nominated by Trumpto be the next secretary of education. Her nomination was heavily criticized by teachers unions and other parties due to her support of school choice and charter schools, among other anti-public education systems. During her heated confirmation hearing, DeVos elicited further derision for suggesting that guns should be used in schools to ward away grizzly bears. In February of 2017, she was confirmed by the Senate with a 51-50 margin, leading vice presidentMike Penceto break the tie in her favor.

In 1982, DeVos joined the Michigan Republican Party. Four years later, she was elected to her first of 16 consecutive terms as a local precinct delegate for the Party. In 1992, DeVos became a Republican National Committeewoman for Michigan, a position she held until 1997. Meanwhile, from 1996 to 2000, she served as the chair of the Michigan Republican Party; she would serve as chair again from 2003 to 2005.

#1) Her father Edgar Prince founded an automotive parts company that eventually grew into amulti-billion-dollar empire. Edgar patented a simple, yet innovative, sun visor with a built-in mirror for vehicles. That simple patent paid the DeVos family a royalty every time a car was sold with one. At their peak in the mid 1990s, The Prince Company manufactured 20,000 sun visors every day. In 1996, the family sold the business to Johnson Controls for $1.3 billion in cash. Betsy's brotherErik Princeis the founder of private military contracting company, Blackwater USA.

Betsy DeVos is an American politician and philanthropist who has a net worth of $2 billion. Betsy DeVos served as the US secretary of education from 2017 to 2021. Before that, she served as the chair of the Michigan Republican Party for two separate terms, and served on the boards of various Christian and conservative organizations. During her tenure as US secretary of education, DeVos garnered heavy criticism for her advocacy of school choice, school voucher programs, and charter schools.

#2) Betsy is married to Dick DeVos, whose father Richardfounded Amway which eventually grew into a multi-billion-dollar empire. Richard DeVos Sr. had a net worth of $6 billion at the time of his death in 2018.

In summary, the total wealth of Betsy DeVos reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.