| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $800 million | Unknown | September 16, 1925 | Cleveland, Ohio | Female | Unknown | Businesswoman | American |
Net Worth
Martha Firestone Ford has an estimated net worth of $800 million. Her wealth is primarily inherited from her family, with her grandfather being Harvey Firestone, the founder of Firestone and Rubber Company. Through her marriage to William Clay Ford, the grandson of Henry Ford, Martha also gained significant assets.
Highlights
– Martha Firestone Ford has a net worth of $800 million.
– Her grandfather was Harvey Firestone, founder of Firestone and Rubber Company.
– She was married to William Clay Ford, grandson of Henry Ford.
– Martha was the former owner and chairwoman of the Detroit Lions of the NFL.
Early Life
Martha Parke Firestone Ford was born on September 16, 1925, in Cleveland, Ohio. Her parents were Harvey S. Firestone Jr. and Elizabeth Parke Firestone. Her paternal grandparents were Harvey Samuel Firestone, the founder of Firestone Tire and Rubber Co., and his wife, Idabelle Smith Firestone. Martha Ford graduated from Vassar College in 1946.
Career
Martha Firestone Ford’s career involves her role as the owner and chairwoman of the Detroit Lions, an NFL team. After her husband’s death in 2014, she became the majority owner of the team. She showed her commitment to the team by leading a privately financed $100 million renovation of Ford Field in 2017.
During her ownership, Martha made significant changes to the franchise by firing long-time president Tom Lewand and general manager Martin Mayhew. She also hired Rod Wood, CEO of the Ford Estates financial and concierge firm, to oversee the Lions’ business operations.
Martha Firestone Ford stepped down as the Detroit Lions’ owner on June 23, 2020, passing the ownership to her daughter, Sheila Ford Hamp.
Personal Life
Martha Firestone Ford met her husband, William Clay Ford, in New York through a lunch arranged by their mothers. They got married on June 21, 1947, and had four children together: Martha Parke Morse, Sheila Firestone Hamp, William Clay Ford Jr., and Elizabeth Ford Kontulis. William passed away in 2014.
Aside from her involvement with the Detroit Lions, Martha is also on the board of the Henry Ford Health System. She currently resides in Grosse Pointe Shores, Michigan.
Net Worth Over Time
Martha Firestone Ford’s net worth has remained relatively stable over time. It is primarily derived from her family’s wealth and her ownership of the Detroit Lions.
Components of Net Worth
Martha Firestone Ford’s net worth consists of various components, including:
– Inherited wealth from her grandfather’s business, Firestone and Rubber Company.
– Assets acquired through her marriage to William Clay Ford, grandson of Henry Ford.
– Ownership of the Detroit Lions and the associated value of the franchise.
Overall, Martha Firestone Ford has built her net worth through familial ties, business ventures, and her ownership of an NFL team. Her wealth showcases her successful business acumen and her significant role in the world of professional sports.