Federal Express founder Fred Smith dies aged 80
Summary
Fred Smith, the founder of Federal Express (FedEx), passed away at the age of 80. He started the company in 1973 and led it as CEO until 2022. FedEx now employs over 500,000 people and delivers millions of packages daily.Key Facts
- Fred Smith founded Federal Express (FedEx) in 1973.
- He was a former member of the US Marine Corps.
- Smith led FedEx as CEO until 2022.
- The company started with 389 employees and 14 small planes.
- FedEx now has over 500,000 employees worldwide.
- The company's fleet includes 705 aircraft and 200,000 vehicles.
- FedEx delivers millions of packages each day globally.
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