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Fred Smith
0 yrs Born on August 11, in Marks, Mississippi 1944
4 yrs When Smith was only four years old, his father died 1948
21 yrs At Yale University Fred Smith writes a term paper that outlined his idea for a company that would guarantee overnight delivery of small, time-sensitive goods 1965
22 yrs Smith graduated with a degree in economics (Yale University, BA) and shortly thereafter enlisted in the U.S. Marine Corps 1966
25 yrs Smith was honorably discharged at the rank of captain with numerous honors, including a Silver Star, a Bronze Star, and two Purple Hearts 1969
  Smith married Linda Black Grisham  
25 yrs Smith began by purchasing the controlling interest in Ark Aviation Sales, an aircraft maintenance company owned by his then father-in-law 1969
27 yrs Smith had expanded the company's venue, turning the focus from airplane maintenance to a company that bought and sold used corporate jets 1971
  Smith, then 27 years old, created the Federal Express Corporation  
33 yrs Smith divorced Linda Black Grisham 1977
50 yrs The company changed its name to FedEx 1994
53 yrs FedEx employed 120,000 employees worldwide; delivered an average of 2.5 million packages a day in 211 countries and territories through one of its 37,000 trucks; and had made Smith one of the four hundred wealthiest people in the world 1997
54 yrs FedEx formed the FDX Company, which served as a holding company that oversaw both domestic and international operations of the organization 1998
62 yrs FedEx Corp.'s chairman, president and CEO Frederick Smith was ranked No. 365 on Forbes' 2006 list of the world's richest people, with a net worth of $2.1 billion. Smith's self-made fortune was made through his Memphis-based shipping giant. His annual pay is $4.62 million. 2006
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