Lee Iacocca Net Worth

Lee’s real name is Lido Anthony “Lee” Iacocca. He is a businessman and former Chrysler Chairman and Former Ford President by profession. He is famous for his contribution to the Fors Mustang and Ford Pinto. He was the president of Ford Motors. He was also the chairman of Chrysler in 1978. He holds his name in three Big Three Automakers.

Early Life

Lee’s real name is Lido Anthony Iacocca. He was born in Allentown of Pennsylvania, in the U.S. He was brought up in this world on 15th October 1924. He was taken to Nicola Iacocca and Antonietta Perrotta. He had an ancestry of Italian. Their ancestors were shifted from Italy to America. His family had opened the Yocco Hot Dog. He said that his name “Lido” is because his parent’s honeymoon spot was in the Lido, present in Venice. He had completed his schooling at the Allentown High School in the year 1942. He had graduated from Lehigh University, which is present in Bethlehem, Pennsylvania. He had graduated in Industrial Engineering. He is also a part of the Tau Beta Pi, an engineering honor society. After completing his Industrial Engineering, he went to Princeton University. He had done his graduation in Politics.

Career

After he had completed his studies at the University, he had started his career at Ford Motors. He had joined t Ford motor in the year 1946. He slowly starts working in the Sales and Marketing department. Then slowly, he went to the assistant Manager in the Iaccoca. He then grabbed national attention by doing the 56 campaign. He had offered 1956 model cars in 20% down payment. Then time passed, then in 1960, he became the Vice President and General manager of Ford Motors. Slowly he became the president of Ford Motors. Them he had clashes with Henry Ford. He got fired on 13rh July 1978. In that year, the company had made $2 billion of it. In 1984, he had written a book namedIacocca: An Autobiography. It was the best book which was a non-fictional hardback book. In 2007, he had written the book whose name was Where to Have All the leaders Gone. Rhe Catherine Whitney co-wrote this book. He got the award whose name was S. Roger Award for the Greatest Public Service by the public in the Jefferson Awards.

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Personal Life

Iacocca got married to Mary McCleary on 29th September 1956. The couple got blessed with two daughters. His wife died on 15th May 1983. She died due to Diabetes. He reached again married to Peggy Johnson in the year1986. Then they got separated from Each other in 1987. Then he again got married to Darrien Earle in the year1991. But they also got divorced. He died on 2nd July 2019. He died due to Parkinson’s Disease.

Net Worth

Lee holds a net worth of $150 million, which he gained from the business he had done. He was the president of Ford Motors.

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