Ford worked for the Ford Motor Company, and briefly led the Continental Division. The Continental Division, however, was short-lived and merged with the Lincoln Motor Company shortly before Ford's public stock offering. Ford redesigned the Lincoln Continental, a vehicle his father created; in 1955, the Continental Mark II was released. Only two pictures adorned his office wall, his father's Continental and his updated Mark II. In 1948, a year after Henry Ford's death, Ford was appointed to Ford Motor Company's board of directors. Ford was chairman of the board at the Henry Ford Museum, from 1951 to 1983. He was also involved in other historic properties, serving on the boards of the Wayside Inn and Seaboard Properties, which managed the Dearborn Inn and Botsford Inn. On April 10, 1952, an iron ore-hauling ship, the , was named in his honor. A minority owner and team president of the Detroit Lions since 1961, Ford took advantage of a power struggle between Edwin J. Anderson and D. Lyle Fife to acquire total control of the franchise by buying out the other 144 shareholders for $4.5 million, equivalent to $ million in . The Lions' board of directors approved the transaction on November 22, 1963. During Ford's ownership, the Lions won 41 percent of their regular-season games, made the playoffs ten times (with a total of 1 playoff win) and never appeared in the Super Bowl. He was also chairman of the short-lived Detroit Cougars, a professional soccer team, which played in the USA and NASL leagues. He was Ford Motor Company's Design Committee chairman for 32 years, from 1957 to 1989. He served on the board of directors for 57 years, retiring on May 12, 2005, including being chairman of the Finance Committee. His son, William Clay Ford Jr., was Ford Motor Company's CEO at the time. According to Forbes magazine, Ford was the 371st richest person in the United States in 2013, with an approximate net worth of $1.4 billion. He reportedly owned in Ford Motor Company: 6.7 million shares of Class B stock and 26.3 million common shares; making him the largest single shareholder. In 2000 the company restructured and paid out a $10 billion special dividend. According to an article from 2000, incidental to a repurchase of outstanding shares: "The Ford family holds all 71 million shares of the company's Class B stock, along with a small number of