Henry Ford Net Worth
Henry Ford Net Worth $188 Billion (In today's terms)
Henry Ford was an industrialist still known today as the founder of the Ford Motor Company and sponsor of the development of the assembly line technique of mass production in America. According to Forbes, Henry Ford has been recorded as one of the top 10 wealthiest people in history with a net worth of $188 billion.
Although he didn’t invent the automobile, he manufactured the first automobile affordable for middle class Americans. As owner of the Ford Motor Company, he became one of the richest and best-known people in the world. He is known with coining the word "Fordism", which means the mass production of inexpensive goods paired with working high wages. Business innovations were the outcome of his promise to systematically lower technical costs.
Ford left most of his vast wealth to the Ford Foundation and arranged for his family to control the company permanently. His achievements include: the Model T automobile (which revolutionized transportation and industry in America) and the establishment of a franchise system (which put dealerships throughout most major cities and on six continents).
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