<p class="ingestion featured-caption">Eleanor Clay Ford in 1957 with her sons, Henry Ford II, Benson, and William, and her daughter Josephine.Slim Aarons/Getty Images</p><ul class="summary-list"><li>The <a target="_blank" class href="https://markets.businessinsider.com/news/stocks/ford-stock-price-plummets-ev-losses-warranty-q2-earnings-2024-7">Ford</a> family has amassed significant wealth through the Ford Motor Company.</li><li>Henry Ford founded the company in 1903 and revolutionized automobile manufacturing.</li></ul><p>The name Ford has now become synonymous with the car industry, and the family behind it has also amassed significant wealth.</p><p>Henry Ford, considered to have revolutionized automobile manufacturing, founded the Ford Motor Company in 1903. He not only introduced the groundbreaking Ford Model T, one of the first mass-produced, affordable vehicles, but Ford also helped the American middle class take off.</p><p>In 1914, he offered workers $5 a day (roughly equivalent to $150 now, according to the Ford website) for working eight-hour shifts. This system, later dubbed "Fordism," started an industry trend of "large-scale production combined with higher wages," according to the <a target="_blank" class href="https://corporate.ford.com/articles/history/moving-assembly-line.html">company's website</a>.</p><p>Over a century later, Ford remains one of the world's most influential and largest automakers. Although Henry Ford's descendants have stayed relatively under the radar, here's a rundown of what we know about them.</p>