He left the largest share of his estimated $500-$700 million of wealth to the foundation he created. Henry Ford improved the quality of life for individuals of all races. He paid a more than fair wage and always gave back to the community. The impacts of his vision changed the way America developed.Click to see full answer. Regarding this, what did Henry Ford spend his money on?Henry had enough time and money to devote attention to his personal experiments on gasoline engines. He also spent most of his money through donations on research for a breast cancer cure.Beside above, what made Henry Ford a successful entrepreneur? His introduction of the Model T automobile revolutionized transportation and American industry. As the owner of theFord Motor Company, he became one of the richest and best-known people in the world. He is credited with “Fordism“: mass production of inexpensive goods coupled with high wages for workers. In this manner, what was Henry Ford’s catchphrase? Henry Ford coined the catchphrase after someone asked why he was so carefree with his money. His actual quote was, “money is like an arm or leg — use it or lose it.”How did Henry Ford’s invention impact society?Henry Ford was determined to build a simple, reliable and affordable car; a car the average American worker could afford. Out of this determination came the Model T and the assembly line – two innovations that revolutionized American society and molded the world we live in today.

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