Particle.news
Download on the App Store
10 ARTICLES
·
3w ago

FedEx Founder Fred Smith Dies at 80, Leaving Lasting Impact on Global Logistics

Leaders from politics to business praised his innovation, citing his lifelong commitment to service.

FedEx Corporation Chairman, President and CEO Frederick Smith has died. He was 80.
Frederick W Smith, founder of FedEx, died on Saturday
FedEx founder Fred Smith passed away at the age of 80.
Image

Overview

  • Fred Smith founded FedEx in 1971 and served as its CEO until March 2022 before becoming executive chairman.
  • He died on June 21, 2025 at age 80 and is survived by his wife, Dianne Avis, and ten children from two marriages.
  • FedEx CEO Raj Subramaniam and Senators Marsha Blackburn and Brent Taylor praised his pioneering vision and commitment to Memphis after news of his death.
  • His $6 billion net worth at death reflected a career that included co-ownership of the Washington Commanders and board roles at the Mayo Foundation and St. Jude Children’s Research Hospital.
  • A former Marine who overcame childhood Legg-Calvé-Perthes syndrome, Smith declined an offer to serve as Defense Secretary under President George W. Bush due to health concerns.