Walter Chrysler

Date of Birth: April 2, 1875

Zodiac Sign: Aries

Date of Death: August 18, 1940

Biography

Walter Percy Chrysler was an American automotive industry executive and founder of the Chrysler Corporation, one of the major American automobile manufacturers. Born on April 2, 1875, in Wamego, Kansas, he grew up with a fascination for machinery and engineering. His career began in the railroad industry, where he worked his way up from a machinist to a plant manager. In 1911, he entered the automotive field, joining Buick as a works manager. By 1920, he became the president of Buick. In 1924, Chrysler introduced the first car bearing his name, and in 1925, he founded the Chrysler Corporation. Under his leadership, the company introduced revolutionary innovations such as the first mass-produced car with four-wheel hydraulic brakes. Walter Chrysler passed away on August 18, 1940, leaving behind a legacy of innovation and entrepreneurship.

5 Interesting Facts about Walter Chrysler

1. Walter Chrysler started his career in the railroad industry before moving to the automotive sector.

2. He was instrumental in the development and popularization of the Chrysler Six, which featured advanced engineering for its time.

3. Under his leadership, Chrysler Corporation developed the iconic Chrysler Building in New York City, which was the world’s tallest building for a brief period.

4. Chrysler was known for his hands-on approach and often worked alongside his engineers to solve problems.

5. He was awarded the prestigious Automotive Hall of Fame award in 1967, recognizing his significant contributions to the industry.

5 Most Interesting Quotes from Walter Chrysler

1. “The real secret of success is enthusiasm.”

2. “To me, the real secret of happiness is ambition.”

3. “The way to succeed is to double your error rate.”

4. “I don’t want a lot of good investments; I want a few outstanding ones.”

5. “The man who builds a factory builds a temple; the man who works there worships there.”

Highest Net Worth Achieved

At the peak of his career, Walter Chrysler achieved a net worth of approximately $100 million, which would be equivalent to several billion dollars today when adjusted for inflation.