NBA

Amway founder and Magic owner Richard DeVos dies at age 92

FILE – In this Oct. 10, 2010, file photo, Richard DeVos, Orlando Magic owner and Amway Inc. co-founder, smiles after welcoming fans to the new Amway Center before a preseason NBA basketball game against the New Orleans Hornets in Orlando, Fla. DeVos, the billionaire father-in-law of Education Secretary Betsy DeVos, died Thursday, Sept. 6, 2018. He was 92. (AP Photo/Phelan M. Ebenhack, File) NYDD201 NYDD201

Vitamin distributors Richard DeVos and friend Jay Van Andel coined the name Amway as an abbreviation of "American Way." Over five decades, Amway became a multibillion-dollar international corporation.

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