Shortly before noon on Thursday, several reports came down the wire stating that Richard DeVos, co-founder of Amway and Senior Chairman for the Orlando Magic, has passed away at the age of 92 due to complications from an infection.

According to a report from ESPN's Marc J. Spears, Devos died at his home in Ada, Michigan, with family members by his side.

As a kind gesture, the Magic's social media team released a sympathetic tweet shortly after news of DeVos' death broke.

DeVos, who underwent a successful heart transplant in 1997, had an extremely successful career in business. In fact, he was one of the 10 wealthiest Americans at one point in time. In 2012, Forbes listed the Grand Rapids native as the 60th-wealthiest person in the United States, and the 205th-richest in the world, with an estimated net worth of $5.1 billion.

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Prior to his days in business, DeVos attended Calvin College, where he became a member of the Sigma Phi Epsilon Fraternity. He later served in World War II with the United States Army Air Corps.

Though he was a successful businessman, DeVos was also an accomplished author and philanthropist. His works include Compassionate Capitalism and Hope From My Heart: Ten Lessons For Life.

DeVos, a father of three, bought the Magic in 1991 for $85 million. His eyes turned to basketball after a failed attempt to bring a Major League Baseball team to the Orlando area. He also formerly owned several International Hockey League franchises before the league was terminated, including the Orlando Solar Bears, Grand Rapids Griffins, and the Kansas City Blades.

Join us in sending condolences to the DeVos family and Magic Nation.