About Frederick W. Smith
Frederick Wallace Smith 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. Considered one of the most successful transportation entrepreneurs in the world, Smith had an estimated net worth of $5.3 billion at the time of his death according to Forbes. During his teenage years, Smith co-founded Ardent Studios along with childhood friends John Fry and John King. The studio would go on to record a number of seminal soul and rock acts on the Stax label and is closely associated with the acclaimed Memphis band Big Star. Smith attended elementary school at Presbyterian Day School in Memphis and high school at Memphis University School and became an amateur pilot as a teenager. Smith became a member and eventually the president of the Delta Kappa Epsilon (DKE) fraternity and the Skull and Bones secret society.
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