Frederick W. Smith

Frederick Wallace Smith (born August 11, 1944) is an American business magnate and investor. He is the founder and chairman of FedEx Corporation, the world's largest transportation company. On June 1, 2022, Smith stepped down as CEO to become executive chairman, and was replaced by Raj Subramaniam. He is considered one of the most successful transportation entrepreneurs in the world.

For the surgeon in Syracuse, New York, see Frederick W. Smith (physician). For other people with similar names, see Frederick Smith.
Frederick W. Smith
Smith in 2012
Born
Frederick Wallace Smith

(1944-08-11) August 11, 1944
Marks, Mississippi, U.S.
EducationYale University (BA)
Occupations
  • Business magnate
  • Investor
  • Philanthropist
Years active1971–present
Known forFounder of FedEx Corporation
Political partyRepublican
Spouses
Linda Black Grisham
​
​
(m. 1969; div. 1977)​
    Diane Smith
    ​
    ​
    (m. 2006)​
    ChildrenRichard Smith
    Arthur Smith
    Cannon Smith
    Windland Smith Rice
    Molly Smith
    Parent(s)James F. Smith
    Sally Wallace
    Military career
    AllegianceUnited States
    Service/branchUnited States Marine Corps
    RankCaptain
    Battles/warsVietnam War (WIA)
    AwardsSilver Star
    Bronze Star
    Purple Heart (2)

    He has an estimated net worth of $5.3 billion (as of June 2023).

    Member of Energy security leadership council

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