Henry Ford was an American industry leader and a business tycoon, born on July 30, 1863. He was the founder of the Ford Motor Company. More than a car builder, he was a farmer, a watch repairman, and a race car🏎 driver as well.

He revolutionized the transportation industry with his Model T automobile and became one of the richest and prevalent people of his time.👍

He sponsored the development of the assembly line technique of mass production and considered as the inventor of mass production.🧐

His technique of mass production of budget💰 goods united with high wages for workers is known as “Fordism”. This technique of lowering⬇ costs resulted in many technical and business innovations, including a franchise system.

Ford incorporated the Ford Motor Company in 1903 with a mere 28,000 USD from the public. He built the ‘Model A’ as the company’s first car🚘followed by the ‘Model N’ in 1907.

He died due to a cerebral hemorrhage on April 7, 1947.😔

Interesting Facts:

👉 He once quoted “Why is it every time I ask for a pair of hands, they come with a brain🧠 attached?”

👉 He built his first steam engine by the age of 15 in 1878 and realized his dream of gasoline engines in 1893.👍

👉 He is the only American mentioned favorably in Adolf Hitler’s semi-autobiographical ‘Mein Kampf.’😮

👉 He had de facto control of the business and was never officially an executive of his own company.🙄

👉 He was inducted into the Motorsports Hall of Fame of America in 1996, despite the fact he hated car racing and pursued the car racing🏎 only to promote his cars.

👉 He also founded the Ford Airline Company during World War I due to his interest in the aviation industry.✈

👉 He has registered 161 unique patents to his name.

👉 His Model T was named the most influential car of the 20th century, with the sale of 16.5 million units. It still makes the top-ten list of most-sold cars of all time (ranked ninth) currently.😱