Henry Ford (July 30, 1863 – April 7, 1947) was great American industrialist, founder of Ford Motor, also noted as the father of the automobile.
Henry Ford’s Net Worth based on Forbes is $188.1 billion. He was one of the greatest innovators and inventors of our time holding 161 US patents. Ford was also a filmmaker, who was the largest producer and distributor of films; an early pioneer in sustainability and “green science” methods; as well as a collector; accomplished dancer; and marketer whose business practices set the standard for advertising and marketing today.
The Ford Motor Company was formed in 1903 and Ford created an assembly line which revolutionized car production, making automobiles affordable for middle class Americans to own, forever changing where people lived and how they traveled.
Henry Ford was an American industrialist, the founder of the Ford Motor Company, and sponsor of the development of the assembly line technique of mass production.
Although Ford did not invent the automobile or the assembly line, he developed and manufactured the first automobile that many middle class Americans could afford.
In doing so, Ford converted the automobile from an expensive curiosity into a practical conveyance that would profoundly impact the landscape of the twentieth century. His introduction of the Model T automobile revolutionized transportation and American industry.
As owner of the Ford Motor Company, he became one of the richest and best-known people in the world. He is credited with “Fordism”: mass production of inexpensive goods coupled with high wages for workers. Ford had a global vision, with consumerism as the key to peace. His intense commitment to systematically lowering costs resulted in many technical and business innovations, including a franchise system that put dealerships throughout most of North America and in major cities on six continents.
Henry Ford is one of the greatest innovators and inventors of our time holding 161 US patents. He was also a filmmaker, who was the largest producer and distributor of films; an early pioneer in sustainability and “green science” methods; as well as a collector; accomplished dancer; and marketer whose business practices set the standard for advertising and marketing today.
In 1920 Henry Ford developed charcoal briquets under the brand name Kingsford. Ford built a charcoal plant after turning wood scraps from the production of the Model T’s into charcoal briquets.
In 1929, Henry Ford established the Edison Institute in Dearborn Michigan, today named The Henry Ford and Greenfield Village, with his personal collection of historic objects which he began collecting as far back as 1906. The Museum and Village boasts rare collections of famous homes, machinery and Americana including the original Edison Electric Laboratory from Fort Myers.
As an early American “green scientist,” Ford patented a plastic bodied car in 1942 using soy based plastics in hopes to use agricultural plastics to promote other markets for farmers to sell their crops.
In 1905, Henry Ford served as Vice President of the Society of Automotive Engineers when the organization was founded to standardize US automotive parts