To date, including 2016's payout, that adds up to nearly $300 million. Fun Fact:Eventually, in 1911, the Supreme Court of the United States enforced the Sherman Antitrust Act and ordered that Standard Oil Company be broken into 34 new companies. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. As the owner of the Ford Motor Company, he became one of the richest and best-known people in the world. All net worths are calculated using data drawn from public sources. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! After a few years, Henry Ford developed his first vehicle ever named Ford Quadricycle, then met Thomas Edison and got his approval for the vehicle. About:Andrew Carnegie was born in Scotland in a one room cottage. He that will not is a bigot. The most active insiders traders include Retiree Medical Benefits Tr, William Clay Jr Ford, and Richard A Manoogian. His father, William Ford, was a farmer and his mother, Mary Ford, was a housewife. Its impossible to list the wealthiest men of all time with 100% accuracy. This investment adviser does not provide advice to individual investors. Henry and Clara gave birth to 1 son only, his name is Edsel Ford. The 29-year-old son of Edsel Ford is fresh off a summer internship at Galpin Ford, where he told AutoWeek that he sold five Fords and a Volvo. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Later, he worked on a two-cylinder engine, and completed his first motor car. Their names are Georgia Walker Ford born in December 2013 and Harold Eugene Ford III born in May 2015. Known For:Rufus fortune represented more than 7% of Britains net national income at the time. Notably, Ford was a pioneer of welfare capitalism. Stock quotes provided by InterActive Data. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Henry Ford net worth is $200 Billion Henry Ford Wiki Biography Henry Ford was born on 30 July 1863, in Greenfield Township, Michigan USA into a farming family of Irish-English (father) and Belgian (mother) descent. How He Made His Fortune:Ford Motor Company mass production of cars. The Ford estate isn't quite the mess that Prince's is turning into, largely because Henry Ford II left not only a traditional will, but a video will as well, hoping that it would keep the different factions of his family from suing each other into eternity. He took over the company his grandfather started after coming back from World War II. . Ford Motor Co (F) Insider Trades Summary All our content may be republished or reused for free, except for most photographs, illustrations, and videos. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The company credited Henry Ford IIIin its news release for being part of the team that negotiated the landmark 2008 labor agreement with the UAW. All Rights Reserved. Fun Fact:The U.S. Steel buyout was (and still is) the largest industrial takeover in the history of the United States. Since joining the company in 2006, he has spent time in labor relations, purchasing, marketing and sales, and corporate strategy. Nathan, along with his four brothers, controlled finance and information across the entire continent of Europe. 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. She has been receiving $10.5 million a year since he died at the age of 70 in 1987. From the collections of The Henry Ford and Ford Motor Company. Henry Ford studied at the Detroit Business Institute. As the inventor of the first automobile that middle-class Americans could afford, he changed the automobile from a luxurious purchase to an accessible mode of transportation that radically altered the landscape of the 20th century. I regard Henry Ford as my inspiration, Hitler told a Detroit News reporter two years before becoming the Chancellor of Germany. He led a brutal suppression against rebels that killed 150,000 people. He currently serves on the finance committee and the sustainability, innovation and policy committee of the board. The Ford Motor Company was founded on June 16, 1903, with $28,000 in capital. of 680,197 shares made by Ford William Clay Jr Low Resolution Photos. Henry Ford II Cars. Fun Fact:Adolf Hitler kept a life-size portrait of Ford next to his desk. If you do not know, We have prepared this article about details of Henry Fords short biography-wiki, career, professional life, personal life, todays net worth, age, height, weight, and more facts. Nearly all of the major public buildings in Hyderabad city were built during his reign. He is a cousin of the company's Executive Chairman . That makes him one of the wealthiest human beings who ever lived. Off. Theiremployees were among the first to receive standard 40-hour weeks, two day weekends and $5 wages, whichhelped to increase efficiency, driving the costof a Ford car from its launch price of $825 to $360 by 1918. Unsurprisingly, Ford became one of the richest people in history, but just how much was the manufacturer worth? Jacob led a consortium of German and Italian businessmen that loaned Charles V gold in order to secure his election as Holy Roman Emperor. Born in Michigan, Ford is the great-grandson of Edsel Ford, who created the Ford Foundation in 1936. Numerous sociopolitical flare-ups ensued, including a protest by unemployed Detroit auto workers that was fired upon by police and Ford security guards. Before his election to the board, Ford held a variety of roles within the company. Charlotte and Ann were so fond of their father's second wife that they boycotted his wedding to DuRoss Ford in 1980. Other key executives at Ford Motor Co include Oh, and before you bother to question the absence of Bill Gates he didnt make the cut. Hemophilia therefore became known as the royal disease.. He also made quite a fortune from his investments in steel. Making use of his connections, Carnegie established businesses that supplied rails and bridges to railroads. In 2017, Ford Motor Company has branches across the whole world, with billions of cars sold. To answer this question, we thought it only fair that we take inflation, GDP growth, currency exchange rates, fluctuations in share price and percentage of economic power into account. Debbie and Kimberly are Kathleen's daughters from a previous marriage and they now fear that their mother's attorney is deliberately shutting them out so that he can get his hand on their mother's (inherited) fortune. His fortune, however, played a large part in gaining support from senators. For more than a year, Kathleen's daughters have only been allowed to speak with their mother on a conference call with her lawyer L. Frank Chopin listening in. More: How Ford kept its Maverick pickup a secret from everyone: 'Wildly audacious', More: Henry Ford's short trip in his first vehicle 125 years ago changed our lives forever. The couple had one child named Edsel, who passed away from cancer in 1943. Enter your email below and we'll send a link to help you access your account. This helped him create an efficient assembly line that paved the way for an affordable automobile. Henry Ford is one of the first people to create and develop cars. In 1903 richtte hij de Ford Motor Company op en in 1908 bracht hij het eerste Model T, of "Tin Lizzie", op de. He developed a close relationship with the companys president, J. Edgar Thompson, which allowed him to participate in inside trading. As of December 2022, Henry Ford had an estimated net worth of more than $200 billion. After starting and failing with multiple automobile companies, Ford eventually created the Ford Motor Company. Truth be told, this is not an exact science. However, the wealth left behind has since diminished somewhat, with Ford's market cap now standing at $43.5 billion. Alexandra Ford English,daughter of Bill Ford, was elected to the board at age 33 with Henry Ford III. In other words, this is not an exhaustive list by any means and there are quite a few figures who were left off, such as Genghis Khan, Alexander the Great,Croesus,King Solomon,Cosimo de Medici andMusa I,among many others. It is enough to kill anyone. Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. The next time youre browsing through some of the cool stuff we feature here oninStashandwishing you had the money to buy it all, look to those who monopolized money for inspiration; those who not only knew how to make money, but (were willing to bet) had a damn good time spending it, as well. Officer Jennifer Waldo Forbes annual list ofThe Worlds Billionairesis an accurate indicator of who the richest people in the world are today, but how do they stack up against the titans of the past? . To thwart union organizing, he assigned former Navy boxer Harry Bennett as the head of the service department; Bennett was known to use myriad intimidation tactics in this position. It was so inexpensive at $825 that everyday people could afford to buy them. 15 million Model T vehicles were sold in its 20 years of production. CEO of Ford Pro Theodore J. Cannis The fortune that he has comes from the "Ford Motor Company" that he found. Henry Ford is best known as the owner of the Ford Motor Company. Henry Ford III, who has a degree in history from Dartmouth College and most recently worked as a middle school teacher in Virginia, is to take a job in labor relations at the automaker. #129 Ford family on the 2015 America's Richest Families - More than 100 years after Henry Ford introduced his Model T and revolutionized automobile production, Together, the family of four are enjoying a happy and worry-free life. About:John D. 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