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International Business Times UK
International Business Times UK
World
Marie Joy Toledo

Fred Smith FedEx Founder Cause of Death, Net Worth, Family and the Infamous Gambling That Saved His Company

FedEx founder Fred Smith leaves a lasting global legacy (Credit: From FedEx Facebook)

Fred Smith, the visionary founder of FedEx, has died at the age of 80. Known for revolutionising global logistics and taking bold risks, including a now-famous blackjack gamble, Smith turned a college idea into a multi-billion-dollar company.

His death on 21 June 2025 marks the end of a remarkable legacy that continues to shape the way the world moves goods.

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