American business magnate, founder of FedEx (1944–2025)
Frederick Wallace Smith was an American business magnate and investor. He was the founder and chairman of FedEx Corporation, the world's largest express transportation company. Smith stepped down as CEO in June 2022 and was succeeded by Raj Subramaniam. Considered one of the most successful transportation entrepreneurs in the world, Smith had an estimated net worth of $5.3 billion at the time of his death according to Forbes.
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