Let’s take a closer look at Martha Firestone Ford’s financial situation to understand her wealth and influence better. Martha recognized for her important connections to the automotive industry and her ownership of the Detroit Lions has accumulated substantial wealth over time.
In this post, we’ll dive into the specifics of Martha Firestone Ford’s net worth, exploring where her wealth comes from, her business ventures and the overall impact of her financial position.
How Much is Martha Firestone Ford’s Net Worth?
It is estimated that Martha Firestone Ford’s net worth is estimated to be $800 Million. He is an American businesswoman and former principal owner and chairperson of the Detroit Lions of the National Football League (NFL).
Martha Firestone Ford’s Journey with the Detroit Lions
William Clay Ford Sr., Martha’s spouse, passed away on March 9, 2014, at the age of 88. He had been the sole owner of the Lions since he bought out all other owners in 1963 for US$4.5 million. It was declared on March 10, 2014, that she would acquire a controlling stake in the Lions.
Her four children each owned a modest stake in the team, but she possessed the majority of the shares. At the end of her career, Ford was one of 10 women who owned NFL clubs.
The others are Virginia Halas McCaskey (Chicago Bears), Kim Pegula (Buffalo Bills), Carol Davis (Las Vegas Raiders), Dee Haslam (Cleveland Browns), Amy Adams Strunk (Tennessee Titans), Gayle Benson (New Orleans Saints), Janice McNair (Houston Texans), Denise DeBartolo York (San Francisco 49ers) and Jody Allen (Seattle Seahawks).
On June 23, 2020, she announced her resignation as the Lions’ owner, leaving her daughter Sheila Ford Hamp in her place. She bought the team in 1964 for $4.5 million and by 2022, its value had risen to $3.05 billion.
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A Look at Martha Firestone Ford’s Early Life
Firestone, the daughter of Harvey S. Firestone Jr. and Elizabeth Parke Firestone, was born in Cleveland, Ohio, on September 16, 1925. Harvey Samuel Firestone, the founder of Firestone Tire and Rubber Co., and his wife Idabelle Smith Firestone are her paternal grandparents. In 1946, she earned her degree from Vassar College.
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