Fred Smith FedEx founder dies at the age of 80
Fred Smith FedEx founder, executive chairman
Fred Smith dead at 80. Frederick Smith, aka Fred Smith passed away on June 21. Fred Smith (80), founder of FedEx who started the global delivery conglomerate with more than a dozen planes in the 1970s, has died, the company’s CEO Raj Subramaniam said in memo to staff posted on its website on Saturday. Fred Smith death News shared by Indian-American Raj Subramaniam. Fred Smith cause of death that He Smith died Saturday evening after reportedly suffering a heart attack. The news of Fred Smith’s demise shattered everyone. Tributes started coming in as the statement was released. Fred Smith funeral will take place privately. The date of the funeral is currently unknown. It will likely be for her Family, close friends.
The following message was sent by Raj Subramaniam to FedEx team members, the statement read: “It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today.
Who was Fred Smith?
The businessman was born as Frederick Wallace Smith in Marks, Missisippi on August 11, 1944, to James and Sally Smith.The former Vietnam war veteran founded the company at the age of 26 and over five decades built it up into a $90 billion revenue generating transport and logistics business. Smith stepped aside as FedEx’s CEO in 2022 and was succeeded by Raj Subramaniam, who was then the company’s operations chief. Smith was most recently serving as the firm’s executive chairman and focused on board governance.
Fred Smith net worth
He had an estimated net worth of $4.8 billion as of April 2025.
Was Fred Smith married?
Yes Fred Smith is survived by his second wife Dianne Avis, he has 10 children. One of his sons, Richard Smith, is CEO of FedEx’s airline. He had two children with first wife, Linda Black Grisham; and eight children with second wife, Diane. His daughter Windland Smith Rice, known as Wendy, died in 2005.
What was Fred Smith’s cause of death?
Fred Smith reportedly suffered a heart attack.
