Famous American businessman and philanthropist Lee Iacocca had a net worth of $150 million at the time of his death in 2019. Known for his influential role at the Ford Motor Company and later as the president and CEO of Chrysler Corporation, Iacocca’s achievements in the automotive industry contributed to his impressive financial success.
Key facts:
Lee Iacocca was best known for his contributions to the automotive industry, particularly his role in developing successful cars such as the Ford Mustang, Ford Pinto, and Continental Mark III during his time at the Ford Motor Company in the 196s.
After being fired from Ford in 1978, Iacocca later became the president and CEO of the struggling Chrysler Corporation in the 198s.
Under Iacocca's leadership, Chrysler experienced a remarkable turnaround and introduced innovative and popular models like the Plymouth Reliant, Dodge Aries, and Plymouth Voyager, which contributed to the company's success.
Iacocca was known for his philanthropic work, including his involvement in raising funds for the restoration of the Statue of Liberty and Ellis Island, as well as his support for diabetes research.
He was also a successful author, with his autobiography becoming a best-seller in the 198s, and he continued to release books throughout his life, including 'Where Have All the Leaders Gone?' in 2007.
