FedEx Founder Frederick W. Smith Dies at 80

Memphis Mourns Visionary Behind Global Logistics Giant

Frederick W. Smith, the founder of FedEx, whose vision revolutionized global commerce, has passed away at the age of 80. His legacy extends far beyond the overnight delivery service; he profoundly shaped Memphis, becoming a pillar of the community.

A Pioneer’s Impact

Smith was born on August 11, 1944, in Marks, Mississippi. He established FedEx in 1971, with operations beginning in 1973. Early financial struggles once led Smith to a Las Vegas blackjack table to secure funds, a story illustrating his determination.

FedEx CEO Raj Subramaniam shared a message with employees Saturday night: “Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its PSP culture, values, integrity, and spirit. He was a mentor to many and a source of inspiration to all. He was also a proud father, grandfather, husband, Marine, and friend; please keep the entire Smith family in your thoughts and prayers during this difficult time.”

During the COVID-19 pandemic, FedEx played a pivotal role in distributing vaccines globally, highlighting its vast impact. In 2023, FedEx delivered more than 1.2 billion packages and documents to customers worldwide (USPS 2024).

Shaping Memphis

FedEx’s growth profoundly transformed Memphis, visible in the ubiquitous planes above the city and the sprawling distribution centers. The company is a major employer, supporting thousands locally and globally. Its impact extends to the city’s sports landscape.

Smith’s military service in the U.S. Marine Corps, including two tours in Vietnam, significantly influenced his leadership style and FedEx’s culture. He earned two Purple Hearts and a Silver Star.

Tributes and Legacy

Former Memphis Mayor Jim Strickland stated, “Fred Smith was the most important Memphian of all time. He benefitted our city in every way possible, and he allowed generations of Memphians to achieve the American dream.” Philanthropist Gayle Rose recalled Smith’s compassion following the death of her son.

“Every good thing that’s happened in Memphis in the last 40-50 years, he, his family or the FedEx family has contributed to it. It’s immeasurable, his impact on this city.”

—Jim Strickland, Former mayor of Memphis

Rep. Steve Cohen said, “(There has been) nobody more important to Memphis in our history than Fred Smith. The jobs he’s brought, the contributions he’s made to our community, the investments in community resources and activities. He’s been Mr. Memphis. He was a great guy. I value the time I spent with him.”

Memphis Mayor Paul Young noted that Smith had reshaped the city’s identity, saying, “Fred’s innovative spirit challenged all of us to think bigger. To dream beyond the limits. To imagine what’s possible and then deliver it. In many ways, he gave our city wings,” and that Smith’s legacy would continue to move Memphis and the world forward.

Smith’s innovative spirit and commitment to Memphis will leave a lasting legacy, as the city reflects on his profound impact.