Web Reference: Frederick Wallace Smith (August 11, 1944 – June 21, 2025) 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. [1] . Jun 22, 2025 · Fred Smith launched Federal Express in 1973 with a fleet of 14 Dassault Falcon jets and a vision to transform the shipping industry. That first night, Federal Express delivered 186 packages to 25 U.S. cities. Jun 22, 2025 · FedEx started operating in 1973, delivering small parcels and documents more quickly than the postal service. Over the next half-century, Smith, a Marine Corps veteran, oversaw the growth of a...
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