Frederick Smith, FedEx CEO, speaking at a podium.
Share this @internewscast.com

FRED Smith, the billionaire founder of revolutionary delivery firm FedEx, has died at the age of 80.

FedEx started up in in 1973 delivering small parcels and documents more quickly than the postal service.

Frederick Smith, FedEx CEO, speaking at a podium.
Fred Smith, founder of FedEx, has died at 80Credit: Getty
Frederick Smith, FedEx CEO, testifying before Congress.
Smith leaves behind 10 childrenCredit: Getty

Smith oversaw its growth to a behemoth of the industry, relied upon by other companies all over the world.

The business now delivers a staggering 17million parcels every day.

His cause of death is yet to be confirmed.

Smith, worth $5.3billion at his death according to Forbes, was also known for his philanthropy.

He donated millions of dollars to the Marine Corps Scholarship Foundation – after serving for four years in the Marine Corps himself.

Politicians and commercial figures have paid tribute to the legendary businessman.

Tennessee Senator Marsha Blackburn said: “I am deeply saddened by the passing of Fred Smith.

As the creator of FedEx, his visionary leadership and groundbreaking innovations reshaped international trade. He will be celebrated for his unwavering determination, strong sense of patriotism, and dedication to serving others.

“His legacy will endure not only through the company he built but through the countless lives he touched.

“Praying for his wife, children, and family.”

Share this @internewscast.com
You May Also Like
ChiArts news: Chicago High School for the Arts board decides not to renew contract with Chicago Public Schools, future in jeopardy

ChiArts Update: School Board Chooses Independence from Chicago Public Schools, Future Uncertain

CHICAGO (WLS) — Concerns are arising over the sustainability of Chicago’s sole…
Judge temporarily blocks Trump administration from deploying troops in Portland, Oregon

Court Halts Trump Administration’s Plan to Send Troops to Portland Temporarily

PORTLAND, Ore. (AP) — A federal judge in Oregon has temporarily stopped…
Most Americans rate the U.S. economy poorly: Poll

Poll Reveals That Many Americans Hold a Negative View of the U.S. Economy

(The Hill) — Nearly three-quarters of Americans say economic conditions are poor…
Forest Park community rallies, supports Black-owned Living Fresh Market on Roosevelt Road considering closing for tariffs, economy

Forest Park Community Unites to Support Black-Owned Living Fresh Market on Roosevelt Road Amidst Tariff and Economic Challenges

FOREST PARK, Ill. (WLS) — This Saturday saw a turnout of customers…
Hamas says it accepts some elements of Gaza peace plan; Trump orders Israel to stop bombing Gaza

Hamas Agrees to Parts of Gaza Peace Proposal; Trump Directs Israel to Halt Gaza Attacks

On Friday, U.S. President Donald Trump directed Israel to halt its bombing…

Virginia AG Democratic Candidate Apologizes for Violent Political Texts from 2022

RICHMOND, Va. (AP) — Virginia’s Democratic candidate for attorney general has issued…
Day 3 of Prince Holland's murder trial

The Third Day of Prince Holland’s Homicide Trial

Jurors examined forensic evidence and rap videos linking Marcel Johnson and Kentrevious…
Suspect arrested, charged in shooting deaths of 2 teens found dead months ago in Arizona wilderness

Arrest Made and Charges Filed in Shooting Deaths of Two Teens Discovered in Arizona Wilderness Months Ago

Law enforcement in Arizona has apprehended and charged an individual in relation…
Israel claims no aid was found aboard Gaza-bound flotilla

Israel Reports Absence of Aid on Flotilla Heading to Gaza

Israel said the Global Sumud Flotilla (GSF) was carrying plenty of activists,…
Gaza War: IDF Prepares to Capture Gaza City - Part 1

Conflict in Gaza: Israeli Forces Get Ready to Seize Control of Gaza City – Part 1

In my debut column, “Drone Strike Rocks Eilat, Israel – 22 Injured,”…
Metra, Pace, CTA riders, workers could be affected by fare increases, layoffs, reduced service to bridge RTA budget gap

Fare Hikes, Job Cuts, and Reduced Services Could Impact Metra, Pace, and CTA Due to RTA Budget Deficit

CHICAGO (WLS) — On Friday, the news was somber, as the committee…
Sextortion scams against teen boys skyrocket after COVID, watchdog says

Watchdog Reports Surge in Sextortion Scams Targeting Teen Boys Post-COVID

DENVER – The National Center for Missing & Exploited Children (NCMEC) is…