Knowledge Builders

does the devos family have ten yachts

by Donavon Wisozk V Published 2 years ago Updated 1 year ago
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What is the name of the yacht owned by DeVos?

This yacht is now named Jasali II. Through their company Amway the DeVos family owned (together with the Van Andel family) several Feadship yachts named Enterprise. We can’t find any information about the first yacht Enterprise. But there is info available about the next four. Enterprise II is a 116ft motor yacht built in 1970.

Did Betsy DeVos Register 10 Yachts in the Cayman Islands?

So the Americans for Tax Fairness meme is also false on the grounds that it claims Betsy DeVos registered “her family’s fleet of 10 yachts in the Cayman Islands,” but in reality nine of those vessels are registered in the United States, and the one that is registered in the Cayman Islands is not managed or owned by Betsy DeVos.

Is Betsy DeVos’s yacht safe?

Betsy DeVos yacht untied; her other nine boats are reportedly safe. When you get bad news about your yacht. Saul Loeb/AFP/Getty Images

Who is the DeVos family?

The Devos family is actually a shareholder in the Westport yacht building company. The family is also active in sailing. They own the Reichel/Puch designed 86 ft boat Windquest. And until a few years ago they owned the 53 meters (174 ft) Perini Navi sailing yacht Independence. This yacht is now named Jasali II.

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How much is the DeVos family worth?

Their father is billionaire industrialist Edgar Prince, founder of the Prince Corporation. In 2016, the family was listed by Forbes as the 88th-richest in America, with an estimated net worth of $5.4 billion.

Who owns super yacht legacy?

Legacy Owner Jorge Luis Garcia. The 24-metre Sunseeker left Garcia – who spent his early years combining gruelling shifts in a large hospital with classes at the local community college – awestruck.

Who owns the yacht SeaQuest?

Betsy DeVosBetsy DeVos is the daughter of Edgar Prince. She married Richard DeVos, Jr., whose father started the Amway corporation, a multi-level marketing company. SeaQuest is one of 10 yacht owned by the wholefamily. It is registered to RDV International Marine LTD.

Who owns the yacht legacy and pursuit?

the DeVos familyTwo huge luxury yachts created a bit of attention on the St. John's waterfront on the weekend. The superyachts Pursuit and Legacy are docked next to each other on the waterfront. Both vessels are said to be owned by the DeVos family, owners of the Orlando Magic.

Who owns mega yacht MLR?

Inside MLR Yacht • Delta Marine • 2019 • Owner Steve van AndelName:MLRYear:2019Speed:19Engines:MTUVolume:955 tons11 more rows

Who owns a 40 million dollar yacht?

Billionaire Clive Palmer has bought a $40million superyacht patriotically named 'Australia'. The Queensland based mining tycoon has moored the 56m vessel in the Brisbane River with the international crew currently undergoing two weeks quarantine.

Who makes Sea Quest Boats?

Seaquest is a Belgian company with 100% Belgian shareholders,with a branch in the Netherlands. Seaquest also has its own webshop that sells boat products such as Blue Marine, Red Shark Bikes and our GIN.

Who owns the yacht Lady Haya?

Next to this mega-yacht is another upper, the 'Lady Haya', with the flag of the Cayman Islands. It is a stunning 64-meter ship owned by the late King Fahd and currently owned by the Saudi royal family.

Who owns the yacht Lady Ann Magee?

Inside LADY ANN MAGEE Yacht • Codecasa • 2001 • Owner Michael SmurfitName:Lady Ann MageePrice:US$ 25 millionAnnual Running Cost:US$ 1 – 3 millionOwner:Michael SmurfitCaptain:Pls send info!11 more rows

Who owns the yacht Ciao?

The yacht's builder is CRN from Italy who delivered superyacht Ciao in 2022. The superyacht has a beam of 9.0m and a volume of 499 GT. The Ciao features exterior design by Omega Architects, while her interior was penned by Massari Design S.r.l., with naval architecture by CRN....Build.BuilderCRNYear20222 more rows•Aug 19, 2022

Who owns Zazou yacht?

Inside ZAZOU Yacht • Benetti • 2021 • Owner Mohamed MansourName:ZazouPrice:$ 75 millionAnnual Running Cost:$ 7.5 millionOwner:Mohamed MansourCaptain:Robbie Murtagh11 more rows

How many Westports does Devos own?

The DeVos family owns and has owned many boats. First of all there are four Westports. A Westport 112 (2003) and a Westport 130 from 2005 (now named Godspeed). There is Seaquest, a Westport 164 from 2008. The yacht was sold in 2019 and is now named “Chasing Daylight”.

Who is Richard Devos?

Is a multi-level marketing company that produces and sells high-quality consumer products in the nutrition, beauty and home categories.

Who is Betsy Devos?

Elisabeth Dee or Betsy was Secretary of Education, she resigned in January 2021. She was born in January 1958 in Michigan. She is married to Dick. They have 4 children. (Andrea, Ryan, Richard III, and Elisabeth DeVos). She is a member of the republican party. She was appointed by Donald Trump. The Department of Education is a government agency that oversees public education. Its mission is to promote student achievement and preparation for global competitiveness.

What is the name of the Westport yacht?

The yacht was sold in 2019 and is now named “Chasing Daylight”. And a smaller 85ft Pacific Mariner (a Westport brand) named Sun Quest. They also own a tender named Chase Quest. The Devos family is actually a shareholder in the Westport yacht building company. The family is also active in sailing.

Why did Devos resign?

On January 7, 2021 DeVos resigned as Secretary of Education, citing violence at the Capitol.

Who owns the Enterprise yacht?

Through their company Amway the DeVos family owned (together with the Van Andel family) several Feadship yachts named Enterprise. We can’t find any information about the first yacht Enterprise. But there is info available about the next four.

Who owns the yacht Legacy?

He founded the government services and security company Blackwater USA. Betsy and Dick DeVos are the owners of the yacht Legacy.

Who is Betsy Devos?from superyachtfan.com

Elisabeth Dee or Betsy was Secretary of Education, she resigned in January 2021. She was born in January 1958 in Michigan. She is married to Dick. They have 4 children. (Andrea, Ryan, Richard III, and Elisabeth DeVos). She is a member of the republican party. She was appointed by Donald Trump. The Department of Education is a government agency that oversees public education. Its mission is to promote student achievement and preparation for global competitiveness.

How many Westports does Devos own?from superyachtfan.com

The DeVos family owns and has owned many boats. First of all there are four Westports. A Westport 112 (2003) and a Westport 130 from 2005 (now named Godspeed). There is Seaquest, a Westport 164 from 2008. The yacht was sold in 2019 and is now named “Chasing Daylight”.

How much did the Seaquest yacht cost?from snopes.com

Seaquest was built in 2008, so it’s possible its purchase price was lower than $40 million .

How much is Betsy Devos worth?from newsweek.com

Report reveals Betsy DeVos's lavish lifestyle including her family's ten boats and four planes. DeVos and her husband's net worth is estimated at $5.1 billion. (Photo by Alex Wong/Getty Images)

Where is the RDV located?from snopes.com

If the vessel were registered in, say, Grand Rapids, Michigan — the state where RDV is located and that has in the past made an effort to compel yacht owners to pay use taxes — the SeaQuest would likely be subject to Michigan’s six percent use tax. That would require the DeVos empire to cough up about $2.4 million …

Why did Devos resign?from superyachtfan.com

On January 7, 2021 DeVos resigned as Secretary of Education, citing violence at the Capitol.

How tall is the Enterprise II?from superyachtfan.com

Enterprise II is a 116ft motor yacht built in 1970. She is now named Utopia II). The 131 ft Enterprise III was built in 1980 and is now named Seagull of Cayman. The 149 ft Enterprise IV was built in 1985 and is now named Explora. The latest is the 180 ft (55 meter) Feadship Enterprise V. She is now named Chantal ma Vie.

Where is Betsy Devos' yacht?

It got me thinking about another opulent display of wealth owned by DeVos: her 22,000-square-foot nautical-themed summer mansion, located in Holland, Michigan .

How many windows does Betsy's house have?

Betsy’s house looks like a compound of multiple unfinished parts, and nothing about its hulking facade really gels. This is partially because it has no fewer than 13 window styles — yes, I counted them — and because each of the wings of the house tries (perhaps intentionally) to be very visually different from the next.

How much money did Amway get from her husband?

It’s unsurprising that she doesn’t want to forgive the student loan debts of those defrauded by for-profit colleges considering that she got her net worth of more than $1 billion from her husband’s company, the multilevel marketing giant Amway, which is often described as a cult.

How much damage did the Huron boat have?from nbcnews.com

Michael Brochstein / LightRocket via Getty Images. Huron police were called and the crew eventually got hold of the boat but Botha told police that the boat suffered as much as $10,000 in damages.

What does Devos expect from her political contributions?from en.wikipedia.org

In a 1997 op-ed for Roll Call, DeVos wrote that she expects results from her political contributions. "My family is the largest single contributor of soft money to the national Republican Party. I have decided to stop taking offense at the suggestion that we are buying influence," she wrote. "Now I simply concede the point. They are right." She also stated in the op-ed, "We expect to foster a conservative governing philosophy consisting of limited government and respect for traditional American virtues … We expect a return on our investment; we expect a good and honest government. Furthermore, we expect the Republican Party to use the money to promote these policies and, yes, to win elections."

What is the Devos Foundation?from en.wikipedia.org

The Dick & Betsy DeVos Family Foundation was launched in 1989. The foundation's giving , according to its website, is motivated by faith, and "is centered in cultivating leadership, accelerating transformation and leveraging support in five areas", namely education, community, arts, justice, and leadership. In 2015, the DeVos Foundation made $11.6 million in charitable contributions, bringing the couple's lifetime charitable giving to $139 million. Forbes ranked the DeVos family No. 24 on its 2015 list of America's top givers.

How much did Betsy Devos' yacht cost?from abcnews.go.com

Secretary of Education Betsy Devos' $40 million yacht set adrift on Lake Huron. The SeaQuest, a 164-foot luxury yacht, was set adrift at the Huron Boat Basin, and sustained an estimated $5,000-$10,000 in damages. A $40 million yacht belonging to Secretary of Education Betsy DeVos was untied from its mooring at a Lake Huron marina, police said.

What does Devos believe about education?from en.wikipedia.org

DeVos believes education in the United States should encourage the proliferation of charter schools and open up private schools to more students via financial assistance programs, often called vouchers. She has stated that education is "a closed system, a closed industry, a closed market. It's a monopoly, a dead end." DeVos believes that opening up the education market will offer parents increased choice, a view that critics call a drive to privatize the American public education system.

What did Devos say about education reform?from en.wikipedia.org

DeVos in 2001 listed education activism and reform efforts as a means to "advance God's Kingdom ". In an interview that year, she also said that "changing the way we approach ... the system of education in the country ... really may have greater Kingdom gain in the long run".

How much did Devos raise for the 2004 presidential election?from en.wikipedia.org

DeVos personally raised more than $150,000 for the 2004 Bush re-election campaign, and hosted a Republican fundraiser at her home in October 2008 that was headlined by President George W. Bush. During the Bush Administration she spent two years as the finance chairperson for the National Republican Senatorial Committee and worked closely with the Administration on "various projects". The DeVos family has been active in Republican politics for decades, particularly as donors to candidates and the party, giving more than $17 million to political candidates and committees since 1989.

What is Betsy Devos' yacht?

Betsy DeVos owns a yacht called Seaquest, which she registered in the Cayman Islands to avoid U.S. taxes.

How much did the Seaquest yacht cost?

Seaquest was built in 2008, so it’s possible its purchase price was lower than $40 million .

How many vessels does Devos own?

A 2017 investigation by the Wall Street Journal outlined how the extended DeVos family structures and manages their investments, business interests, and assets, which include nine vessels other than Seaquest: Blue Sky, Quantum Racing, Delta Victor, Reflection, Attitude, Sterling, Windquest, Zorro, and De Lus.

Where is the RDV located?

If the vessel were registered in, say, Grand Rapids, Michigan — the state where RDV is located and that has in the past made an effort to compel yacht owners to pay use taxes — the SeaQuest would likely be subject to Michigan’s six percent use tax. That would require the DeVos empire to cough up about $2.4 million …

How much tax do you owe on a yacht in Michigan?

So, in principle at least, if you own a yacht that is habitually docked or sailed in Michigan, that is likely to be regarded as storage or usage, and you would owe the state of Michigan use tax of six percent of the price of the yacht.

Where is Seaquest registered?

The yacht in question, Seaquest, is registered in the Cayman Islands, an arrangement that has potentially allowed its owner (s) to avoid paying taxes that they would otherwise face when travelling in the United States. However, it cannot be affirmed with certainty that this was the motivation behind the overseas registration.

Where are the Devos vessels located?

Coast Guard’s Vessel Documentation Center database, and found that the nine DeVos family-related vessels listed by the Wall Street Journal are indeed all registered to ports in the United States, specifically in Michigan, Delaware, and Florida.

How many yachts does Richard Devos own?

The DeVoses own a sportsplex in Florida, a baseball stadium in Michigan and a resort in the Bahamas. They reportedly own at least ten yachts, including the 164-foot Seaquest. In 1991 Richard DeVos shelled out $85 million to buy the NBA's Orlando Magic. The team is now worth nearly $1.2 billion net of debt.

How long did Dick Devos run the company?

Dick DeVos ran the company from 1993 to 2002. Today one DeVos (Dick’s brother Doug) and one Van Andel co-chair the board. The families split ownership 50/50, according to a spokesperson of the DeVos family. That stake has made the DeVoses unbelievably rich.

How much is Betsy Devos's fortune?

Add it all up and Betsy and her husband’s slice of the family fortune totals about $2 billion, though it’s hard to tell how much, if any, of that wealth has already been transferred to their four children and eight grandchildren. Ethics laws don’t require public officials like DeVos to break down their exact stake in an investment or what they have given to family members, an especially big loophole for large, dynastic wealth like the DeVos fortune. The family spokesperson would only say that the second and third generation DeVoses “actively participate in family committees and businesses, and hopefully the fourth generation will one day too.”

Who is Betsy Devos?

Betsy, the daughter of auto parts magnate Edgar Prince and sister of Blackwater founder Erik Prince, owes the vast majority of her fortune to her marriage to Dick DeVos. His father, Richard DeVos Sr., cofounded Amway in 1959 alongside his high school friend, Jay Van Andel. What began as two buddies selling an all-purpose cleaner door-to-door quickly grew into an army of independent salespeople hawking vitamins, soaps and other household goods to friends and family—and, controversially, earning money by signing others up as distributors too. Dick DeVos ran the company from 1993 to 2002. Today one DeVos (Dick’s brother Doug) and one Van Andel co-chair the board. The families split ownership 50/50, according to a spokesperson of the DeVos family.

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1.Very Rich Betsy DeVos Has 10 Boats, Two Helicopters, …

Url:https://www.newsweek.com/can-you-afford-betsy-devoss-lavish-lifestyle-708369

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2.DICK and BETSY DEVOS • Net Worth $5 Billion - Yacht

Url:https://www.superyachtfan.com/yacht/legacy/owner/

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3.Betsy DeVos yacht untied; her other nine boats are …

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