To have a better understanding of Martha Firestone Ford’s wealth and power, let’s examine her financial situation in more detail. Martha has amassed significant wealth over the years and is well-known for her significant ties to the automobile sector and her ownership of the Detroit Lions.
We’ll get into the particulars of Martha Firestone Ford’s net worth in this article, looking at her business endeavors, sources of money, and overall financial situation.
What Is Martha Firestone Ford Net Worth?
Martha Firestone Ford is estimated to have a net worth of $1.46 billion. She is an American businesswoman who served as the National Football League’s (NFL) Detroit Lions’ major owner and chairman.
Take a look at the official tweet below:
@Esp_Interativo #batalhapelonorte
INFORMAÇÃO
MARTHA FIRESTONE FORD
NET WORTH US$ 1.46 BILLIONS
nao gostava de mulher mais velha
Mudei.— Gunther Vaz (@Gunthervaz) January 2, 2017
Journey Of Martha Firestone Ford With The Detroit Lions
Martha’s husband, William Clay Ford Sr., died on March 9, 2014, at the age of 88. Since he paid US$4.5 million to buy out the previous owners in 1963, he has been the only owner of the Lions. On March 10, 2014, it was announced that she would purchase a majority interest in the Lions.
She had the majority of the shares in the team, but each of her four children had a small ownership portion. Ford was one of ten women who owned NFL clubs at the end of her tenure.
The other teams are the Chicago Bears’ Virginia Halas McCaskey, the Buffalo Bills’ Kim Pegula, the Los Angeles Raiders’ Carol Davis, the Cleveland Browns’ Dee Haslam, the Tennessee Titans’ Amy Adams Strunk, the New Orleans Saints’ Gayle Benson, the Houston Texans’ Janice McNair, the San Francisco 49ers’ Denise DeBartolo York, and the Seattle Seahawks’ Jody Allen.
Sheila Ford Hamp, her daughter, succeeded her as the Lions’ owner when she announced her resignation on June 23, 2020. The squad was purchased by her for $4.5 million in 1964, and by 2022, its valuation had increased to $3.05 billion.
Detroit Lions posted an official tweet:
Martha Firestone Ford to step down as principal owner of Detroit Lions
Sheila Ford Hamp to succeed mother as team’s principal owner and chairman pic.twitter.com/HU0FehT0WO
— Detroit Lions (@Lions) June 23, 2020
Exploring Martha Firestone Ford’s Formative Years
On September 16, 1925, Firestone—the daughter of Harvey S. Firestone Jr. and Elizabeth Parke Firestone—was born in Cleveland, Ohio. Her paternal grandparents are Harvey Samuel Firestone, the founder of Firestone Tyre and Rubber Co., and his wife Idabelle Smith Firestone. She graduated from Vassar College in 1946.
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