When Henry Ford died in 1947, his grandson opened the company vault and found $700 million in cash stacked inside.
Henry Ford didn’t trust banks. He never borrowed a dime, never let investors control his company, and refused to deposit money. Instead, he kept Ford Motor Company completely private and self-funded.
This decision shocked even his own family.
When Henry Ford II took over, he found out that every cent was stored in cash, no loans, no banks, no outside strings attached.
Most companies relied on Wall Street and bankers to grow. Ford built an empire by rejecting them, keeping full control of his business and legacy.
Source: Money up Academy
