Amway is an American multi-level marketing company that sells health, beauty, and home care products. The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. Amway and its sister companies under Alticor reported sales of $8.4 billion in 2019.

Who developed Amway?

Rich DeVos and Jay Van Andel were two friends who shared a similar goal and ambition: they wanted more out of life for themselves, their families, and their friends. In 1959—after numerous ventures into entrepreneurship—they started a new business together in the basements of their homes. They built Amway.

What family started Amway?

Richard "Rich" Marvin DeVos Sr.

(March 4, 1926 – September 6, 2018) was an American billionaire businessman, co-founder of Amway with Jay Van Andel (company restructured as Alticor in 2000), and owner of the Orlando Magic basketball team.