How Betsy DeVos makes millions of dollars as education secretary | #Education

WASHINGTON — U.S. Education Secretary Betsy DeVos has reported at least $170 million in outside income during her first three years in Washington, benefiting from her family’s business empire that includes stakes in sports teams, movies and a son-in-law’s company that contracts with the federal government.

DeVos’ annual disclosure reports reviewed by The Detroit News provide a rare glimpse of the complicated web of real estate holdings, private equity and hedge fund investments of the DeVos family, which Forbes has estimated to be worth $5 billion.

For more on this story, head to The Detroit News (story available for subscribers only).

Secretary of Education Betsy DeVos meets with children and families during her August 2017 visit to DeGraaf Nature Center.

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