By: Madison Malott
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. However he did not invent the automobile or the assembly line, he developed and manufactured the first automobile that many middle class Americans could afford.
The model T had started at $825 in 1908 ($21,650 today) and the price fell every year. Although he failed with his first two companies before he succeeded with Ford Motor Company, at least he made a company that thrived. With 12 investors and 1,000 shares, the company had spent almost all of its $28,000 cash investment by the time it sold the first Ford Model A on July 23, 1903.
Henry was first born July 30, 1863 in Greenfield Township, Michigan, United States and sadly died on April 7, 1947 (age 83) Fair Lane, Dearborn, Michigan, U.S.A. He married Clara Ala Bryant (m. 1888–1947) and has a son named Edsel Ford.