See Wright L Lassiter's compensation, career history, education, & memberships. This family's wealth began under the direction of Henry Ford, the man who founded the Ford Motor Company and built the first auto assembly line. Henry Ford II was the grandson of Henry Ford, who founded the Ford Motor Company in 1903. The latest Ford family member to take a place at the company built by his great grandfather is Henry Ford III. Henry Ford 2d, because, he said, he wanted to devote more time to personal interests. He was not only an inspiration, but he accrued a wealth that few could compare. Shortly after, he began to experiment with gasoline engines. Henry Ford III serves on the foundation’s Board of Trustees and is a member of the investor relations team at Ford Motor Company. Likewise, an American heiress, Elena Ford is his niece. In 1940 Ford left Yale University without graduating to join the firm founded by his grandfather, Henry Ford, and at the time run by his father, Edsel Ford. Henry Ford II, (born September 4, 1917, Detroit, Michigan, U.S.—died September 29, 1987, Detroit), American industrialist and head of Ford Motor Company for 34 years (1945–79). Using the inflation model, in adjusted dollars for late 2017, his net worth would be US$350 billion. He died on September 29, 1987 in Detroit. About: After turning down the opportunity to take over the family farm, Henry Ford left home to become an apprentice machinist, and later became Chief Engineer at the Edison Illuminating Company. 3 Andrew Carnegie United States: 1835–1919 (84 years) 310 Henry Ford II - Wikipedia en.wikipedia.org / wiki / Henry _ Ford _II It is known that based on a market cap of $59.83 billion, the Ford family holds $1.2 billion worth of common stock. Also like Disney, Ford's logo isn't a direct copy of its founder's handwriting. A look at the growing Ford family and where management and financial control lies: First generation Henry Ford: 1863-1947 Founder and owner: He launched Ford Motor Co. in 1903 after two failed attempts to start a car company. Restaurants Inc. owner of “Big Boy” restaurants John W. Stroh, III GPF - Stroh Companies, Inc. James B. Nicholson GPF In 1980, at age 40, Ford … How He Made His Fortune: Ford Motor Company – mass production of cars. Henry Ford II net worth: Henry Ford II was an American businessman who had a net worth of $400 million at the time of his death in 1987. Henry Ford also received the Grand Cross of the German Eagle and the Elliott Cresson Medal for the industrial leadership and for his great engineering work.As of August 2020, Henry Ford had an estimated net worth of more than $200 billion. Value appreciation: 43,233%. Henry Ford (1863 – 1947) Net Worth: $188 billion. Signatures of Henry Ford, Thomas Edison, and Other Business Associates, 1922. He paved the way for industrialist policies like the minimum wage law and created the Model T in 1908. Henry Ford II, Henry III’s grandfather, ran the company from 1945 to 1979 and was for much of that time one of the world’s most revered -- and feared -- chief executives. In contrast to what is commonly believed in by many, it wasn't Henry Ford who invented the first automobile. He is generally credited with reviving the firm. The family of Henry Ford is an American family from the U.S. state of Michigan, best known for their control of the Ford Motor Company automobile manufacturer, which was founded by Henry Ford in the early-twentieth century. ... Mr. Ford sold $30,000,000 worth of products to Russia, and, incidentally, gave added impetus to the industrialization of that country, which was to prove of such importance in later years. Chairman/CEO: Sheila Ford Hamp. The oldest grandson of Henry Ford was married to his second wife and was midway through his 34-year reign as CEO of the family business, Ford Motor. Henry's grandson William Clay Ford Sr. and his family have controlled the Detroit Lions franchise of the National Football League since 1963. American industrialist and businessman Henry Ford has an estimated net worth of $199 billion in 2013. Like the Walt Disney Company, Ford Motor Company's logo features its founder's name in a flowing script. Photographic print. https://en.wikipedia.org/wiki/List_of_wealthiest_historical_figures
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