[22] In 2009, Frederick W. Smith earned a total compensation of $7,740,658, which included a base salary of $1,355,028, a cash bonus of $0, stocks granted of $0, options granted of $5,079,191, and other compensation totaling $1,306,439. On June 18, 1971, Smith founded Federal Express with his $4 million inheritance (approximately $23 million in 2013 dollars),[10] and raised $91 million (approximately $525 million in 2013 dollars)[10] in venture capital. degree from Troy State University. Most of his earnings come from being the chairman and president of FedEx, the largest overnight express delivery company in the world. He attended elementary school at Presbyterian Day School in Memphis and high school at Memphis University School, and became an amateur pilot as a teen. [3], Smith was crippled by bone disease as a small boy but regained his health by age 10.[4]. Domestic.

Regional President of The Americas and Executive Vice President. The estimated Net Worth of Richard A Smith is at least $651 Thousand dollars as of 4 March 2020. Chairman and CEO, FedEx: Net worth: US $5.4 billion (December 2017) ... Smith developed FedEx on the business idea of a shipment version of a bank clearing house where one bank clearing house was located in the middle of the representative banks and all their representatives would be sent to the central location to exchange materials. Smith was inducted into the Junior Achievement U.S. Business Hall of Fame and also awarded the Golden Plate Award of the American Academy of Achievement in 1998. Mr. Smith earned his B.S. Domestic. He is an entrepreneur best known as the owner of the global delivery services company FedEx. Richard Smith, son of FedEx Corp. founder Fred Smith, bought a home in East Memphis last week for $4.8 million.. Smith joined FedEx in 2005.

Moving boldly across the fire-swept terrain to an elevated area, he calmly disregarded repeated North Vietnamese attempts to direct upon him as he skillfully adjusted artillery fire and air strikes upon the hostile positions to within fifty meters of his own location and continued to direct the movement of his unit. Smith also owns or co-owns several other entertainment companies, such as Alcon Entertainment. As Lieutenant Smith led his men in an aggressive assault upon the enemy positions, the North Vietnamese force launched a determined counterattack, supported by mortars, on the Marines' left flank. The Other segment consists of the liquidation of SpringCastle Portfolio activities and non-orginating operations. [7] Smith was also friends with future U.S. His other awards include "CEO of the Year 2004" by Chief Executive Magazine[17] and the 2008 Kellogg Award for Distinguished Leadership, presented by the Kellogg School of Management on May 29, 2008. He has previously served as the President and CEO of FedEx Logistics, and his FedEx career also includes a series of leadership positions in life sciences, healthcare, and customer solutions, including serving as vice president of global trade services and managing director of life sciences and specialty services.

Mr. Smith is also a member of the board of directors of W.C. Bradley Companies, a privately held company headquartered in Columbus, Georgia. [19] He is the 2011 recipient of the Tony Jannus Award for distinguished contributions to commercial aviation. Unhesitatingly rushing through the intense hostile fire to the position of heaviest contact, Lieutenant Smith fearlessly removed several casualties from the hazardous area and, shouting words of encouragement to his men, directed their fire upon the advancing enemy soldiers, successfully repulsing the hostile attack. degree from Columbus State University and received his M.S. While attending Yale, he wrote a paper for an economics class, outlining overnight delivery service[citation needed]. OneMain executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Richard has made over 3 trades of the OneMain stock since 2016, according to the Form 4 filled with the SEC. The American entrepreneur has an estimated net worth of $3 Billion as of November 2020. [2] The elder Smith died when his son was only 4, and the boy was raised by his mother and uncles. In 1973, the company began offering service to 25 cities, and it began with small packages and documents and a fleet of 14 Falcon 20 (DA-20) jets. A famous businessman, how rich is Fred Smith? [25], For the physician and surgeon in Syracuse, New York, see, Learn how and when to remove these template messages, Learn how and when to remove this template message, SMEI Sales & Marketing Hall of Fame in 2000, https://www.forbes.com/profile/frederick-smith/, "Frederick W. Smith Biography and Interview", "10 Things You Might Not Know About FedEx Billionaire Fred Smith", "The 2004 Campaign: The Massachusetts Senator: Idealistic Man on Campus To Realistic Sailor at War", "Frederick Smith - Recipient - Military Times Hall Of Valor", "Titans Promote Arthur Smith to Offensive Coordinator", "Golden Plate Awardees of the American Academy of Achievement", "Kellogg honors FedEx CEO Fred Smith as Distinguished Leader", "2008 Bower Award for Business Leadership: Frederick W. Smith", 2008 CEO Compensation for Frederick W. Smith, "FedEx's Smith could deliver bid for Rams", 2009 CEO Compensation for Frederick W. Smith, https://eu.commercialappeal.com/story/entertainment/movies/2017/03/02/rachel-smith-follows-sisters-footsteps-movie-producer/98587216/, Profile in Fortune Magazine's Innovators Hall of Fame, Chief Executive Magazine Names Fred Smith 2004 CEO of the Year, Federal Motor Carrier Safety Administration, Owner–Operator Independent Drivers Association, National Motor Freight Traffic Association, Glossary of the American trucking industry, https://en.wikipedia.org/w/index.php?title=Frederick_W._Smith&oldid=982851879, United States Marine Corps personnel of the Vietnam War, Short description is different from Wikidata, Articles needing cleanup from October 2020, Cleanup tagged articles with a reason field from October 2020, Wikipedia pages needing cleanup from October 2020, Articles needing additional references from October 2020, All articles needing additional references, Articles with multiple maintenance issues, Pages using infobox military person with embed, Articles with unsourced statements from October 2020, Wikipedia articles with SNAC-ID identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 10 October 2020, at 19:19. Richard W. Smith is regional president and executive vice president of the Americas, which includes U.S. [12] This partnership resulted in FedEx sponsorship of the Joe Gibbs NASCAR racing team.

[23], In March 2014, Fortune Magazine ranked him 26th among the list of "World's 50 Greatest Leaders"[24], Smith has ten children, including photographer Windland Smith Rice and football coach Arthur Smith. His FedEx career also includes a series of leadership positions in life sciences, healthcare, and customer solutions, including serving as vice president of global trade services and managing director of life sciences and specialty services. [16] He was inducted into the SMEI Sales & Marketing Hall of Fame in 2000. [20], While CEO of FedEx in 2008, Frederick W. Smith earned a total compensation of $10,434,589, which included a base salary of $1,430,466, a cash bonus of $2,705,000, stocks granted of $0, and options granted of $5,461,575. Smith was a supporter of Senator John McCain's 2008 Presidential bid, and had been named McCain's National Co-Chairman of his campaign committee.

In addition to FedEx, Smith is also a minority owner of the Washington Football Team of the National Football League (NFL).

[3], In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. The most recent stock trade was executed by Micah R. Conrad on 13 May 2020, trading 2,500 units of OMF stock currently worth $47,150. In his college years, he was a friend and DKE fraternity brother of future U.S. president George W. Domestic, Canada, and LAC (Latin America & the Caribbean), and Executive Vice President of Global Support for FedEx Express. His aggressive tactics and calm presence of min [sic] under fire inspired all who observed him and were instrumental in his unit accounting for the capture of two hostile soldiers as well as numerous documents and valuable items of equipment. The estimated Net Worth of Richard A Smith is at least $635 Thousand dollars as of 4 March 2020. Smith joined FedEx in 2005. Frederick Smith was born in Marks, Mississippi, the son of James Frederick "Fred" Smith, the founder of the Toddle House restaurant chain and the Smith Motor Coach Company (renamed the Dixie Greyhound Lines after The Greyhound Corporation bought a controlling interest in 1931).

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