1863-1947. American businessman, founder of Ford Motor Company, father of modern assembly lines, and inventor credited with 161 patents., The pioneer in the manufacturing of affordable automobiles with his Model T, which was built using assembly line methods. The car was sturdy, reliable, inexpensive, and available only in black. In 1914, he announced that he would pay workers $5 a day. Workers were happy, and Ford had many customers. By 1924, his car sold for less than $300.