The former President of the Ford has an estimated net worth of $500 million. The company was founded by Henry Ford on the 16 th of June 1903. 3 Andrew Carnegie United States: 1835–1919 (84 years) 310 Henry Ford II - Wikipedia en.wikipedia.org / wiki / Henry _ Ford _II No. In the year 2001, Edsel purchased Pentastar Aviation. The prolific industrialist Henry Ford was a pacifist, so initially opposed US involvement in World War II. His net worth in today's money would have been $199billion, according to the NY Daily News . Since 1963 William Clay Ford Sr. (who is the grandson of Henry Ford) and his family have controlled the Detroit Lions franchise of the National Football League. Chairman/CEO: Sheila Ford Hamp. Edsel Ford II Net Worth: $500 Million. Likewise, an American heiress, Elena Ford is his niece. Henry Ford II was the grandson of Henry Ford, who founded the Ford Motor Company in 1903. Net worth: $2 billion. The Walton family was ranked No. Henry Ford III serves on the foundation’s Board of Trustees and is a member of the investor relations team at Ford Motor Company. 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. Photos Birthday: 04 September 1917 Sign: Virgo. The latest Ford family member to take a place at the company built by his great grandfather is Henry Ford III. - Ford heir - great grandson of Henry Ford - CEO/President - Pentastar Aviation Anthony L. Soave GPF -former owner of City Management Corp, -sold company in 1997 for $780 million Robert G. Liggett, Jr GPS -Elias Bros. Photographic print. Since joining the company in 2006, he has spent time in labor relations, purchasing, marketing and sales, and as a vehicle programs analyst. See Wright L Lassiter's compensation, career history, education, & memberships. Henry Ford II was born on September 4, 1917 in Detroit, Michigan, USA. Signatures of Henry Ford, Thomas Edison, and Other Business Associates, 1922. This business magnate is best recognized as the founder of the world renowned Ford Motor Company. Anne is the granddaughter of Ford Motor Company President Henry Ford II and the great granddaughter of company founder Henry Ford. ... 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. Like the Walt Disney Company, Ford Motor Company's logo features its founder's name in a flowing script. It is known that based on a market cap of $59.83 billion, the Ford family holds $1.2 billion worth of common stock. Shortly after, he began to experiment with gasoline engines. Henry Ford II Net Worth, Height, Wiki, Age, Bio. https://en.wikipedia.org/wiki/List_of_wealthiest_historical_figures After … Henry Ford III and Ford English are likely years away, if ever, from assuming the uppermost leadership roles. Edsel Ford II: Net Worth, Salary. 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. The descendants of Henry Ford have managed to do what many family dynasties have failed to do -- maintain firm control through generations. 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. Henry Ford III is the first family member to sit on the foundation's board since his grandfather, Henry Ford II, resigned in 1976 after 33 years of service as president, chair, and a trustee. Henry Ford III serves on the Ford Foundation’s Board of Trustees and is a member of the corporate strategy team at Ford Motor Company. Comments 0. In contrast to what is commonly believed in by many, it wasn't Henry Ford who invented the first automobile. 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. He is generally credited with reviving the firm. Henry Ford 2d, because, he said, he wanted to devote more time to personal interests. Elena Ford's net worth: $125 Million. In 1963, Henry Ford II suggested that the fastest way to get Ford on track was to buy the key player Ferrari. 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). Lived: 70 years Ask / say what you think about HENRY FORD II: Trending stars: Eugene Goodman, Yarden Saxophone, Alex Mytton, Jill Biden, Rosalie Simard, Aaron Burriss: Wiki. The story begins in the 1960s when Ferrari completely dominated the 24 Hours of Le Mans car racing track, and Henry Ford II decided to bring the Ford Motor Company into the competition. American industrialist and businessman Henry Ford has an estimated net worth of $199 billion in 2013. Restaurants Inc. owner of “Big Boy” restaurants John W. Stroh, III GPF - Stroh Companies, Inc. James B. Nicholson GPF 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. Using the inflation model, in adjusted dollars for late 2017, his net worth would be US$350 billion. His son Edward Johnson III and his grandchildren own 49 percent of the firm and control assets of $1.7 trillion. He has an estimated net worth of above $500 million. Also like Disney, Ford's logo isn't a direct copy of its founder's handwriting. Besides, he is best known as the great-grandson of Henry Ford (founder of Ford Motor Company) and the son of Henry Ford II. Purchase price: $4.5 million (1964) Current franchise valuation: $1.95 billion. The family owns all of the company’s Class B shares, which are collectively entitled to elect 40% of the company’s Board of Directors. He was not only an inspiration, but he accrued a wealth that few could compare. He paved the way for industrialist policies like the minimum wage law and created the Model T in 1908. He died on September 29, 1987 in Detroit. Henry Ford's great-grandson was heading for ruin and then had a better idea: spiritual enlightenment. Wright L Lassiter is President/CEO at Henry Ford Health System. He was married to Anne McDonnell. Since joining the company in 2006, he has spent time in labor relations, purchasing, marketing and sales, and corporate strategy. 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. Value appreciation: 43,233%. In 1980, at age 40, Ford … He was an actor, known for Producers' Showcase (1954), Longines Chronoscope (1951) and The Ford 50th Anniversary Show (1953). Henry Ford (1863 – 1947) Net Worth: $188 billion. 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. How He Made His Fortune: Ford Motor Company – mass production of cars. Henry Ford was an American automobile manufacturer who created the Model T in 1908 and went on to develop the assembly line mode of production, which revolutionized the … 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. Henry's grandson William Clay Ford Sr. and his family have controlled the Detroit Lions franchise of the National Football League since 1963. Died: 29 September 1987. 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. Elena Anne Ford-Niarchos is the daughter of Charlotte Ford, who is an heiress to the Ford Motor Company Fortune, and multi-billionaire Greek Shipping Tycoon Stavros Niarchos. 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