Single Family Office

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RGK Group

RGK Group is the personal investment vehicle of the DeVos family, a name synonymous with Amway and a prominent role in Republican politics.

RGK Group

RGK Group is the personal investment vehicle of the DeVos family, a name synonymous with Amway and a prominent role in Republican politics. Rick DeVos, grandson of Amway co-founder Richard DeVos, serves as President, managing the family's diversified holdings from Grand Rapids, Michigan. The family's wealth originates from direct sales, as Amway was founded in 1959. The firm's strategy spans real estate development, direct venture investments, and energy transition assets. In real estate, RGK Group has been active in downtown Grand Rapids redevelopment, including adaptive reuse of historic buildings. Venture holdings include early-stage consumer and technology companies, often with a Midwest bias. Energy transition investments include solar and renewable projects, though specific portfolio companies are not publicly disclosed. RGK Group is a lean operation, with fewer than ten reported professionals. The firm does not maintain a public website or actively market itself, nor does it raise external capital. Philanthropic activities are channeled through the DeVos family foundations, including the DeVos Institute and the Richard and Helen DeVos Foundation, which are legally separate from RGK Group. The structural differentiator is its complete privacy and low public profile—unlike many large family offices, RGK Group has no website, no press releases, and no disclosed assets under management. This opacity is intentional, reflecting a preference for quiet capital deployment without the scrutiny typical of multi-billion-dollar family offices.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Grand Rapids

Corporate office

Grand Rapids, MI, United States

Principals

Rick DeVos

President

Sector focus

Real EstateVenture CapitalEnergy Transition & RenewablesArt & Collectibles

Frequently asked questions

Who manages investment decisions at RGK Group?

Rick DeVos, grandson of Amway co-founder Richard DeVos, serves as President and oversees all investment activity. The firm does not publicly disclose a CIO or investment committee.

What is the source of wealth behind RGK Group?

The DeVos family fortune was generated through Amway, the direct-sales company founded in 1959 by Richard DeVos and Jay Van Andel. The family has since diversified into real estate, venture capital, and political philanthropy.

What types of investments does RGK Group pursue?

The firm focuses on direct real estate—primarily in downtown Grand Rapids—as well as venture-stage investments in consumer and technology companies. It also invests in energy transition projects, such as solar, and holds art and collectibles.

Does RGK Group raise external capital from limited partners?

No. RGK Group operates exclusively with the DeVos family's own capital. It does not manage money for outside investors or operate fund vehicles.

How is RGK Group structured relative to the DeVos family's philanthropic entities?

RGK Group is a separate for-profit investment entity. Philanthropic activities are conducted through the Richard and Helen DeVos Foundation and other family charitable trusts, which are legally distinct and governed by separate boards.

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