Lee Iacocca Net Worth

Joins Ford Motor Company

Iacocca starts his career at Ford, beginning his ascent in the auto industry.

Introduces Ford Mustang

The Mustang's success elevates Iacocca's status within Ford.

Fired from Ford

A falling out with Henry Ford II leads to his dismissal.

Joins Chrysler as CEO

Iacocca takes over Chrysler and begins its turnaround.

Secures Government Loan Guarantees

Iacocca persuades the government to guarantee loans, saving Chrysler.

Introduces Chrysler Minivan

The minivan becomes a hit, solidifying Chrysler's recovery.

Retires from Chrysler

Iacocca retires after successfully reviving Chrysler.

Death and Legacy

Iacocca's death marks the end of a legendary career in the automotive industry. His turnaround of Chrysler is remembered.

Legacy in Automotive History

Continues to be regarded as influential business leader.