Fred Smith

Fred Smith is a businessperson, entrepreneur, and former army officer who is known for being the founder, chairman, and CEO of the multinational delivery service company FedEx. The headquarters of the company is located in Fred Smith’s hometown of Memphis, Tennessee.

Well, how well do you know about Fred Smith? If not much, we have compiled all you need to know about Fred Smith’s net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Fred Smith to date.

Biography and Early Life

Fred Smith was born in Memphis, Tennessee, the U.S. on August 11, 1944, to parents James Frederick Smith and Sally Wallace. His father was the founder of the Toddle House restaurant chain. His father passed away when he was only four years old, after which his mother and uncles raised him. From an early age, he was suffering from a bone disease that left him crippled, but later by the age of 10, he ultimately regained his health.

Age, Height, Weight & Body Measurement

So, how old is Fred Smith in 2021 and what is his height and weight? Well, Fred Smith’s age is 76 years old as of today’s date 2nd August 2021 having been born on 11 August 1944. Though, he is 5′ 7″ in feet and inches and 173 cm in Centimetres tall, he weighs about 185 lbs in Pound and 84kg in Kilograms.

Education

Fred Smith attended Presbyterian Day School for elementary school. Later for his high school, he went to Memphis University School and became an amateur pilot during his teenage years. After graduating, he entered Yale University in 1962, studying economics. He also wrote a paper about outlining overnight delivery for his class. He graduated with a bachelor’s degree in 1966. He also became friends with future U.S. president, George W. Bush, and future U.S. senator John Kerry, with whom he shared an aviation enthusiasm.

Personal Life: Dating, Girlfriends, Wife, Kids

Fred Smith has been married twice. He married his wife, Linda Black Grisham in 1969. The couple had two children. They got divorced in 1977. He then married Diane Smith, with whom he has many children. Not much is known about all of his children, but some of them are photographer Windland Smith Rice, film producer Molly Smith, Atlanta Falcons coach Arthur Smith, Cannon Smith, and Richard Smith.

Is Fred Smith Gay?

Fred Smith is not gay because he is married to woman for many years, and with whom he has many children. There are no reports that suggest he used to date anyone other than women.

Professional Career

Fred Smith came up with the idea of FedEx back in his college days, but no one paid heed to him. After graduating from college, he joined the U.S. Marine Corps, and was soon sent to the Vietnam War. After he returned from the war, he decided to work on his original plan.

In 1971, he established the Federal Express Corporation, a. k. a. FedEx but at the beginning, due to a variety of reasons, the company lost millions of dollars. After some years of struggle, it began to grow and expand its customer base, and by the end of the 1970s was stable enough to be part of the stock exchange. Apart from FedEx, he also owns a minority part of the Washington Football Team that plays in the NFL.

Awards

Fred Smith has been awarded numerous times for his contributions in the industry. He was inducted into the Junior Achievement U.S. Business Hall of Fame. In 1998, he received the Golden Plate Award by the American Academy of Achievement. He was also inducted in the SMEI Sales & Marketing Hall of Fame. For his business leadership, he received the 2008 Bower Award from the Franklin Institute. He also got the Tony Jannus Award in 2011 for his contribution to aviation.

Net Worth, Salary & Earnings of Fred Smith in 2021

As of 2021, Fred Smith has an estimated net worth of $6 Billion. Forbes confirms the figure, and it is stated that he has earned the majority of his fortune from tenure as the chairman, president, and CEO of FedEx. Since the company’s foundation, he has worked hard every day, and now it is the largest express delivery service company of the world.

Some Interesting Facts You Need To Know

• After he launched FedEx, the company went on to lose $29 million in the first few months of its business. To keep the company afloat, Fred went to Las Vegas and tried his hand at casinos, winning a total of $27000.
• He also has a production company, called the Alcon Entertainment which is responsible for producing the film, Blade Runner 2049.
• For the past few years, FedEx is contesting with Amazon and keeping its sales at their highest level.

Fred Smith never gave up hope and established his company FedEx, making it the world’s largest delivery service company. He stood by his employees, even during their time of struggle. He has managed a lot of people and has led them successfully, using the skills that have taught him to be ethical, humble, and empathetic.