![]() He and his second wife, Dianne Avis, have eight children together. Smith married his first wife, Linda Black, in 1969, and they divorced in 1977. He was also the president of the Association of Licensed Automobile Manufacturers in its early years. He was one of the founders of the Olds Motor Works in 1899 and of General Motors Corporation in 1908. He has battled several legal issues, including a forgery indictment and involvement in a deadly hit-and-run. Frederic Latta Smith (Febru August 6, 1954) was a pioneer of the automobile business. He was part of the list of the World's 50 Greatest Leaders by "Fortune Magazine" in early 2014. Defense Secretary upon Bush's election, Smith declined. Jude Children's Research Hospital, and was inducted into the Aviation Hall of Fame. Smith is the co-owner of the NFL's Washington Redskins, has worked on the board for companies such as the Mayo Foundation and St. Headquartered in Memphis, Tennessee, FedEx is today one of the biggest overnight express delivery companies in the world. The early years were tough for the company, and Smith reportedly took the business' dwindling back account to Vegas, where he was able to earn enough to pay the bills in blackjack. Two years later, Smith took his inheritance and some investment money and founded Federal Express. The decorated veteran earned two Purple Hearts, a Silver Star and a Bronze Star while in the service. Marine Corps before his honorable discharge in 1969. SMITH, FREDERIC L., age 73, of Birmingham, died on after a courageous struggle with leukemia. He graduated Yale in 1966 as a fraternity brother of future President George W. ![]() ![]() He attended Yale University, where he wrote a mediocrely received economics paper that would later serve as the idea that inspired his global brand, FedEx. Within five years of becoming healthy, he was a star football player in his local community and learned to fly as an amateur pilot. Born in Marks, Mississippi, in 1944, Fred Smith grew up battling a bone disease until he was ten years old. Fred Smith Net Worth: Fred Smith is an American CEO and entrepreneur who has a net worth of $3.9 billion dollars. ![]()
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