Frederick W. Smith

Frederick W. Smith
Smith in 2025
Born
Frederick Wallace Smith

(1944-08-11) August 11, 1944
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)
    Children10, including Arthur Smith
    Windland Smith Rice
    Molly Smith
    Parent(s)James F. Smith
    Sally Wallace
    Military career
    AllegianceUnited States
    BranchUnited States Marine Corps
    RankCaptain
    Battles / warsVietnam War (WIA)
    AwardsSilver Star
    Bronze Star
    Purple Heart (2)

    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. Smith stepped down as CEO in June 2022 and was succeeded by Raj Subramaniam. He is considered one of the most successful transportation entrepreneurs in the world. He had an estimated net worth of $4.8 billion as of April 2025.