News Journal archives, week of July 30


“Pages of history” features excerpts from The News Journal archives including The Morning News and The Evening Journal.

July 30, 1923, The Evening Journal

At 60 years, Ford is world’s richest man

Henry Ford, maker of automobiles and the world’s richest man, is 60 years old today.

Twenty years ago on his 40th birthday he was a poor man. He had just quit a job with the Detroit Edison Company, where he had worked for seven years, to organize Ford Motor Company.

Front page of The News Journal from July 30, 1923.

While he was working as a master mechanic in the Edison Electric Power plant, carrying his dinner pail to work and drawing a salary of $125 a month, Ford was spending his nights and holidays working on his “horseless carriage.”

He established the foundation of his success – success in becoming the world’s richest man with a personal fortune of $750 million as head of the world’s largest automobile company.



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