Horace Elgin Dodge
|Horace Elgin Dodge|
May 17, 1868|
|Died||December 10, 1920(aged 52)|
|Cause of death||Spanish flu, Pneumonia, cirrhosis|
|Resting place||Woodlawn Cemetery (Detroit, Michigan)|
|Known for||Founding Dodge Brothers Company which became present-day Dodge|
|Net worth||USD $100 million at the time of his death (approximately 1/889th of US GNP)|
|Spouse(s)||Anna Thompson Dodge|
|Relatives||John Francis Dodge|
Early years and business
He was born in Niles, Michigan, on May 17, 1868. His father owned a foundry and machine shop. Horace Dodge and his elder brother John Francis Dodge were inseparable as children and as adults. In 1886, the Dodge brothers moved to Detroit, Michigan, where they took jobs at a boilermaker plant. In 1894 they went to work as machinists at the Canadian Typograph Company across the Detroit River in Windsor, Ontario.
In 1896, Horace Dodge married Anna Thompson, a Scottish immigrant born in Dundee. The couple had a son, Horace Jr., and a daughter, Delphine. Thompson married actor Hugh Dillman after the death of Dodge.
While brother John Dodge was the sales oriented managerial type, Horace was a gifted mechanic and inveterate tinkerer. Using a dirt-proof ball bearing Horace invented and patented, in 1897 John arranged a deal for them to join with a third party investor to manufacture bicycles. Within a few years, they sold the business and in 1901 used the proceeds of the sale to set up their own machine shop in Detroit. During their first year in business the Dodge brothers' company began making parts for the automobile industry.
In 1902, they won a contract to build transmissions for the Olds Motor Vehicle Company upon which they built a solid reputation for quality and service. However, the following year they turned down a second contract from Olds (Oldsmobile) to retool their plant to build engines for Henry Ford in a deal that included a share position in the new Ford Motor Company. By 1910, Horace Dodge and his brother were so successful they built a new plant in Hamtramck, Michigan.
For ten years, the Dodge brothers' company was supplier to Ford, and John Dodge worked as vice president of the Ford company. In 1913 the Dodge brothers terminated their Ford contract and devoted their energies toward producing a Dodge automobile. They began building motor trucks, ambulances and other vehicles for the United States military during the arms buildup for World War I and in October 1917 they produced their first commercial car. At war's end, their company manufactured and marketed both cars and trucks.
Despite their wealth and growing influence in the business community, the Dodge brothers' crude manners and aggressive conduct made them socially unacceptable to most of the wealthy Detroit elite. In 1912, Horace Dodge built a red sandstone mansion in Grosse Pointe called Rose Terrace. The huge home with formal gardens and boat dock overlooked Lake St. Clair.
This was replaced by a second Rose Terrace, constructed in the 1930s by architect Horace Trumbauer, for Mrs. Dodge and her second husband. Architectural historian W. Hawkins Ferry described the mansion as "unquestionably Grosse Pointe's most regal residence". In addition to Rose Terrace, the Dodges acquired a large winter estate in Palm Beach, Florida. Horace's wife Anna had studied music, and this fact won them acceptance by the city's social order. Horace and Anna Dodge became major benefactors of the new Detroit Symphony Orchestra and would play a key role in the construction of Orchestra Hall.
A speedboat and yachting enthusiast, Horace Dodge's keen interest in the vessel's engines led him to establish a marine division as part of their automotive business. He purchased several motor yachts, each larger and more luxurious than the previous. The last, named the Delphine for his daughter, was a 257.8-foot (78.6 m) vessel. Construction commenced in 1920 and was completed in 1921, after his death. In the ensuing years the yacht experienced a sinking, a run onto rocks, and service as a United States Navy patrol boat during World War II. The Delphine passed through the hands of several owners and after major refurbishing it sails the Mediterranean today as a luxury charter.
Horace Dodge's great-grandson is film producer Johnny Dodge.
In 1919, Henry Ford bought out the Dodge brothers' shareholdings in Ford Motor Company for $25 million. In January 1920, Horace's brother, John, died from the Spanish flu. He was interred in the family's Egyptian-style mausoleum in Detroit's Woodlawn Cemetery guarded by two Sphinx statues. Having also contracted the flu that December, Horace also died from complications resulting in pneumonia and cirrhosis of the liver at the age of 52. He was interred with his brother in the same mausoleum. His widow outlived him by fifty years.
In 1925, Horace and John Dodge's widows sold their automobile business to Dillon Read investment bankers for $146 million. Upon her death in 1970, Anna Thompson Dodge left a sum to the City of Detroit for the construction of the Horace E. Dodge and Son Memorial Fountain. The fountain was designed by sculptor Isamu Noguchi and opened in 1978 as part of the city's Hart Plaza. Horace E. Dodge, Jr. died in 1963 at age 63.
- Klepper, Michael; Gunther, Michael (1996), The Wealthy 100: From Benjamin Franklin to Bill Gates—A Ranking of the Richest Americans, Past and Present, Secaucus, New Jersey: Carol Publishing Group, p. xi, ISBN 978-0-8065-1800-8, OCLC 33818143
- Burton, Clarence M., ed. (1922). The City of Detroit, Michigan, 1701-1922, Vol. IV, pp. 308-313. The S. J. Clarke Publishing Company.
- "Mrs. Horace Dodge Dies at 103. Among World's Richest Women. Conflicts Over $100-Million Estate Predicted. Widow Survived 2 Children". New York Times. June 4, 1970. Retrieved 2007-07-21. "Mrs. Anna Thompson Dodge, widow of Horace E. Dodge, the automotive pioneer, and one of the richest women in the world, died last night at her home, Rose Terrace. She was 103 years old and had been using a wheelchair for seven years."
- "John P. Dodge Dies At Ritz-Carlton. Detroit Manufacturer Was Stricken With Pneumonia At Automobile Show. His Brother Recovering As Minority Stockholders Of Ford Company. They Won $60,000,000 Suit Against Henry Ford". New York Times. January 15, 1920. Retrieved March 27, 2010. "John F. Dodge, the Detroit automobile manufacturer, who had been ill for a week with pneumonia in his apartments at the Ritz-Carlton, failed to survive the crisis of the attack and died last night at half past 10 o'clock. For some time before the end he was unconscious and unable to recognize his wife and daughters, who were with him."
- Hyde (2005), pp. 117-18.
- "Horace E. Dodge Dies in Florida. Detroit Automobile Manufacturer Succumbs Suddenly at Beach Home. Brother Died This Year. Sole Head of Industry Employing 18,000 Men Began His Career as Machinist With John F. Dodge". New York Times. December 11, 1920. Retrieved July 21, 2007. "Horace E. Dodge, millionaire automobile manufacturer, died here tonight at his Winter home."
- Patricia Zacharias (June 24, 2000). "Mrs. Dodge and the Regal Rose Terrace". The Detroit News (detnews.com-Michigan History). Retrieved November 19, 2010.