Fred Smith Net Worth 2024: Age, Height, Weight, Wife, Kids, Bio-Wiki

Fred Smith is an American entrepreneur who founded one of the largest delivery companies in the world, FedEx.

Maybe you know about Fred Smith very well, but do you know how old and tall is he and what is his net worth in 2024? If you do not know, we have prepared this article about details of Fred Smith’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.

Early Life & Biography

Smith was born in 1944 outside Memphis, Tennessee, to Sally Smith and Frederic C. He lost his father, who was a self-made millionaire himself when he was four years old.

He was born with a congenital disability – Legg-Calve-Perthes Syndrome, a form of arthritis that crippled him for most of his youth. He eventually grew out of the disease and learned how to pilot airplanes. He attended the Presbyterian Day School and then joined the Memphis University School. After completing his bachelor’s degree in economics from Yale University, he enlisted in the U.S Marine Corps and served with them during the Vietnam War.

Personal Life

Smith married the television host Linda Black in the year 1969. The marriage, however, ended in divorce in 1977. He is currently married to Dianne Avis. His first child, Windland Smith, was a wildlife photographer by profession who passed away in 2005 due to Long QT syndrome. His daughter, Molly Smith, is a film producer. He also has two sons, Arthur, who is a writer and stands up comic, and Cannon, who an actor, producer, and soccer player.

Age, Height, and Weight

Being born on 11 August 1944, Fred Smith is 80 years old as of today’s date 20th December 2024. His height is 1.73 m tall, and his weight is 84 kg.

Career

The idea behind the most significant overnight delivery service in the world took birth when Smith was in college. Although his professor was not appreciative enough, his plan stayed with him.

Not long after graduating in 1966, Smith enlisted in the U.S Marine Corps and was sent to fight during the Vietnam War. After returning to the U.S, he revisited his idea and then, in 1971, established the Federal Express Corporation. A variety of factors caused FedEx to lose millions of dollars in the initial months of its operation. The company slowly began to expand and grow its customer base, and by 1978, it was stable enough to be a part of the New York stock exchange.

In addition to FedEx, Smith has also worked in the St. Jude Children’s Research Hospital and the Mayo Foundation. Smith led the Board of Governors of the International Air Transport Association and the U.S Transport Association for a brief period, and he is also the owner of the Washington Redskins Football Team in the NFL.

Awards & Achievements

Smith has been awarded three military honors, the Silver Star, the Bronze Star, and the Purple Heart. He was inducted into the Junior Achievement U.S Business Hall of Fame in 1996, and he was given the title “CEO of the Year” by the Chief Executive Magazine in 2000. In 2008, he was awarded the Kellog Award for Distinguished Leadership.

In the same year, Franklin Institute of Philadelphia recognized his prowess with the Bower Award for Business Leadership. He was also the recipient of the Tony Janus Award for his contribution in the field of aviation and the George C. Marshall Award for his success in building FedEx from scratch. In 2019, he was presented with the Atlantic Council’s Distinguished Leadership Award.

Net Worth & Salary of Fred Smith in 2024

The American entrepreneur has an estimated net worth of $3 Billion as of December 2024. Most of his earnings come from being the chairman and president of FedEx, the largest overnight express delivery company in the world.

Fred Smith is the American businessman who came up with the idea of air freight and founded FedEx. Although the company had to battle several issues in the first two years of its operation, Smith stood by his employees, through thick and thin. He is thus, precisely what a leader should be – ethical, principled, humble, organized, and empathetic.