Frederick W. Smith Biography and Wiki
Fredrick Wallace Smith (born August 11th, 1944) is the founder, chairman, president, and CEO of FedEx. The company is headquartered in Memphis, Tennessee. He was born in Marks, Mississippi, the son of James Fredrick Smith who dropped his first name, expressing a preference to be known as Fred or Fredrick, the founder of the Toddle House restaurant chain and the Smith Motor Coach Company.
Frederick W. Smith Age and Birthday
Smith was born on August 11th, 1944 in Marks, Mississippi, in the United States. He is currently at the age of 76 as of 2020. He always celebrates his birthday on August 11th, every year.
Frederick W. Smith Height and Weight
Smith stands at an average height and weight. He appears to be quite tall in stature in his photos, relative to his surroundings, which are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
Frederick W. Smith Education
Smith attended elementary school at Presbyterian Day School and high school at Memphis University School. In 1962, he entered Yale University. While attending Yale, he wrote a paper for an economics class, outlining overnight delivery service on a computer information page. Folklore suggests that he received a C for this paper, although in a later interview he told a reporter, ”I don’t know what grade, 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. Smith became a member and eventually the president of the Delta Kappa Epsilon fraternity and the Skull and Bones secret society. He received his bachelor’s degree in economics in 1966. In his college years, he was also friends 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.
Frederick W. Smith Family, Parents, Siblings
Smith was born in Marks, Mississippi, the son of James Fredrick Smith who dropped his first name, expressing a preference to be known as Fred or Fredrick, the founder of the Toddle House restaurant chain and the Smith Motor Coach Company. Smith Snr. died when Fred the son was at the age of 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.
Frederick W. Smith Wife
Smith is a proud father of ten children, including photographer Windland Smith Rice and football coach Arthur Smith. We are keeping tabs and will update this information once we get it from a credible source.
Frederick W. Smith Facts and Measurements
- Full Name: Fredrick Wallace Smith
- Age: 76 years (2020)
- Date of Birth: August 11th, 1944
- Place of Birth: Marks, Mississippi, in the United States
- Education: Presbyterian Day School, Memphis University School
- Birthday: August 11th,
- Nationality: American
- Father’s Name: James Fredrick Smith
- Mother’s Name: Ms. Smith
- Children: Windland Smith Rice, Arthur Smith, and 8 others
- Profession: founder, chairman, president, and CEO of FedEx
- Known For: CEO of FedEx
- Net worth: US $5.4 billion
Frederick W. Smith Net Worth
Smith is the founder, chairman, president, and CEO of FedEx who currently stands at an estimated Net Worth of US $5.4 billion as of 2019 – 2020. He has acquired his money and wealth being the founder, chairman, president, and CEO of FedEx.
Frederick W. Smith Marine Corps Service
After Smith graduated he was commissioned in the U.S. Marine Corps, working for three years as a platoon leader and a forward air controller, flying in the back seat of the OV-10. Much mythology exists about this part of his life; Smith was a Marine Corps for his entire service. He was specially trained to fly with pilots and observe and control ground action.
He never went through Navy flight training and was not a ”Naval aviator” or ”pilot” in the military Individuals who completed Navy flight training and become a ”Designated NavalAviator” were obligated to work six years at the time. As a Marine, he had the opportunity to observe the military’s logistics systems first hand. He worked two tours of duty in Vietnam, flying with pilots on over 200 combat missions. He was honorably discharged in 1969 with the rank of Captain, having received the Silver Star, the Bronze Star, and two Purple Hearts.
Frederick W. Smith FedEx
Smith bought the controlling interest in an aircraft maintenance company, Ark Aviation Sales in 1970, and by 1971 turned its focus to trading used jets. On June 18th, 1971, Smith founded Federal Express with his $4 million inheritance and raised $91 million in venture capital. In 1973, the company began offering services to 25 cities, and it began with small packages and documents and a fleet of 14 Falcon 20 jets.
His focus was on developing an integrated air-ground system, which had never been done before. Smith developed FedEx on the business idea of a shipment version of a bank clearing house where one bank clearing house was located in the middle of the representative banks and all their representatives would be sent to the central location to exchange materials.
In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company’s last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company’s $24,000 fuel bill. It kept FedEx alive for one more week. In addition to FedEx, Smith is also a co-owner of the NFL’s Washington Redskins. His son Arthur Smith, who played football at the University of North Carolina, is the offensive coordinator for the Tennessee Titans.
This partnership resulted in FedEx sponsorship of the Joe Gibbs NASCAR racing team. Smith also owns many entertainment companies including Alcon Entertainment. Smith made an appearance as himself in the Tom Hanks movie Cast Away in 2000, when Tom’s role is welcomed back, which was filmed on location at FedEx’s home facilities in Memphis, Tennessee.
A DKE Fraternity Brother of George W. Bush while at Yale, after Bush’s 2000 election, there was some speculation that Smith might be appointed to the Bush Cabinet as Defensive Secretary. While Smith was Bush’s first choice for the position, he declined for medical reasons, Donald Rumsfeld was named instead. Although Smith was friends with both 2004 major candidates, John Kerry and George W. Bush, Smith chose to endorse Bush’s re-election in 2004. When Bush decided to replace Rumsfeld, Smith was offered the position again, but he refused in order to spend time with his terminally sick daughter.
Smith was a supporter of Senator John McCain’s 2008 Presidential bid and had been named McCain’s National Co-Chairman of his campaign committee. Some had speculated that Smith might have a role as an economic advisor in a theoretical McCain administration. Smith was inducted into the Junior Achievement U.S. Bushes Hall of Fame also awarded the Golden Plate Award of the American Academy of Achievement in 1998.
He was inducted into the SMEI Sales and Marketing Hall of Fame in 2000. His other awards include ”CEO of the Year 2004” by Chief Executive Magazine and the 2008 Kellogg Award for Distinguished Leadership, presented by the 2008 Bower Award for Business Leadership from The Franklin Institute in Philadelphia, Pennsylvania. He is the 2011 recipient of the Tony Jannus Award for distinguished contributions to commercial aviation.
While CEO of FedEx in 2008, Smith earned a total compensation of $10,434,589, which included a base salary of $1,430,466, a cash bonus of $2,705,000, stocks granted of $0, and options granted of $5,461,575. In June 2009, he expressed interest in buying the controlling share of the St. Louis Rams from Rosenbloom and Lucia Rodriguez.
Smith earned a total compensation of $7,740,658 in 2009 which included a base salary of $1,355,028 a cash bonus of $0, stocks granted of $o, options granted of $5,079,191, and other compensation totaling $1,306,439. Fortune Magazine ranked Smith 26th, among the list of ”Worlds 50 Greatest Leaders” in March 2014.
Frederick W. Smith House
Frederick W. Smith Books
- Fort Stanton, An Illustrated History
- Literary Capital: A Washington Reader
- The Physics and Chemistry of Materials
- SPARK: How to Lead Yourself and Others to Greater Success
- Faith That Matters: 365 Devotions from Classic Christian Leaders
- Smudge’s Story: The story of an East End lad serving in the Royal Navy in the First World War
- Forest Fragmentation in the Southern Rocky Mountains
- Simple Solutions: Harness the Power of Passion and Simplicity to Get Results
Frequently Asked Questions About Frederick W. Smith
Who is Fredrick Wallace?
Fredrick Wallace Smith (born August 11th, 1944) is the founder, chairman, president, and CEO of FedEx. The company is headquartered in Memphis, Tennessee.
How old is Fredrick Wallace?
Smith was born on August 11th, 1944 in Marks, Mississippi, in the United States. He is currently at the age of 76 as of 2020. He always celebrates his birthday on August 11th, every year.
How tall is Fredrick Wallace?
Smith stands at an average height and weight. He appears to be quite tall in stature in his photos, relative to his surroundings, which are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.
Is Fredrick Wallace married?
Smith is a proud father of ten children, including photographer Windland Smith Rice and football coach Arthur Smith. We are keeping tabs and will update this information once we get it from a credible source.
How much is Fredrick Wallace worth?
Smith is the founder, chairman, president, and CEO of FedEx who currently stands at an estimated Net Worth of US $5.4 billion as of 2019 – 2020. He has acquired his money and wealth being the founder, chairman, president, and CEO of FedEx.
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Frederick W. Smith Twitter
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