Frederick W Smith Net Worth is1,817.6 $Million
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Birth Date: 1944/8/11
Birth Place: Marks, Mississippi, United States
Salary: $8.64 million
Nationality: United States
Title: Chair (official), President and Chief executive officer
Occupation: Founder of FedEx
Alma Mater: Yale University
Employer: FedEx
Parents: Frederick C. Smith
Module: embed
Rank: Captain (U.S. Marine Corps)
Allegiance: United States
Branch: United States Marine Corps
Battles: Vietnam War
Awards: Silver Star, Bronze Star Medal, Purple Heart (2)
Frederick Wallace Smith (born August 11, 1944), or Fred Smith, is the founder, chairman, president, and CEO of FedEx, originally known as Federal Express, the first overnight express delivery company in the world, the largest in the United States and largest in the world. The company is headquartered in Memphis, Tennessee.
Smith was born in Marks, Mississippi, the son of James Frederick Smith a?? who (before age 20) dropped his first name, expressing a preference to be known as Fred or Frederick a?? the founder of the Toddle House restaurant chain and the Smith Motor Coach Company (renamed the Dixie Greyhound Lines after The Greyhound Corporation bought a controlling interest in 1931). Fred Smith, the father, died while Smith the son was only 4, and the boy was raised by his mother and uncles.
Smith had a great interest in flying, and became an amateur pilot as a teen. He attended elementary school at Presbyterian Day School and high school at Memphis University School.
In 1962, Smith entered Yale University. While attending Yale, he wrote a paper for an economics class, outlining overnight delivery service in a computer information age. Folklore suggests that he received a C for this paper, although in a later interview he claims that he told a reporter, "I don't know what grade, probably made my usual C", while other tales suggest that his professor told him that, in order for him to get a C, the idea had to be feasible. The paper became the idea of FedEx (for years, the sample package displayed in the company's print advertisements featured a return address at Yale). Smith became a member and eventually the President of the Delta Kappa Epsilon fraternity and the secret society Skull and Bones. He received his Bachelor's degree in economics in 1966. In his college years, he was a friend and DKE fraternity brother of George W. Bush. Smith was also friends with John Kerry and shared an enthusiasm for aviation with Kerry and was a flying partner with him.

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Frederick W Smith Latest News

Marshall W. Smith, longest-serving president of John Tyler Community College, dies

Marshall W. Smith, the sixth and longest-serving CEO of John Tyler Community ... “He was very dedicated to the mission of the community college,” said former colleague Fred Taylor. “He was very student-focused.” Taylor still works part time at ...
Posted: April 28, 2018, 4:35 am

Alumnus Brig. Gen. Frederick Henry tells Fitchburg State University grads: Make good choices

Frederick A. Henry, a 1984 FSU graduate ... Grover (MS), Jessica L. Hebert (MED), Aidan W. Horgan (BS), Clarisse Ishimwe (BS), Brooke H. Jacob (BS), Megan E. Johns (BS), Peter T. Kougias (BS),Elizabeth Kukkula (BS), Nicole L. Lawrence (BS), Keith ...
Posted: May 19, 2018, 11:38 am

Fred W. Smith of Reynolds Foundation Has Died

Fred W. Smith, chairman of the Donald W. Reynolds Foundation, was a tough, focused newsman of integrity who led the awarding of some $1.8 billion in philanthropic grants over the last 20 years with a sharp eye toward financial transparency and end results.
Posted: May 2, 2018, 7:03 pm
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