Frederick W.  Smith net worth and biography

Frederick Smith Biography and Net Worth

CEO of FedEx

Frederick W. Smith is chairman and chief executive officer of FedEx Corp., a $79 billion global transportation, business services, technology, and logistics company serving more than 220 countries and territories.

Smith is responsible for providing strategic direction for all of FedEx Corp. and its operating companies, including FedEx Express, FedEx Ground, FedEx Freight, FedEx Logistics, FedEx Office, and FedEx Services. Since founding FedEx in 1971, he has been an active proponent of regulatory reform, free trade, and “open skies agreements” for aviation around the world.

 

Smith is a trustee for the Center for Strategic and International Studies and a member of the Business Roundtable and The Business Council. He served as chairman of the US-China Business Council and is co-chairman of the French-American Business Council. He has also served on the boards of several large public companies and on the St. Jude Children’s Research Hospital and Mayo Foundation boards. He was formerly chairman of the Board of Governors for the International Air Transport Association and the U.S. Air Transport Association.

Smith has received numerous civic, academic, and business awards, including the Global Leadership Award from the U.S.-India Business Council, the George C. Marshall Foundation Award, the Atlantic Council’s Distinguished Business Leadership Award, and the Circle of Honor Award from the Congressional Medal of Honor Foundation. In addition, he is a member of the Aviation Hall of Fame, served as co-chairman of both the U.S. World War II Memorial Project and the campaign for the National Museum of the Marine Corps, was cited in Forbes “100 Greatest Living Business Minds,” and was named a top CEO by Barron’s and Chief Executive magazines.

Born in 1944 in Marks, Mississippi, Smith earned a bachelor’s degree from Yale University in 1966. He served as an officer in the U.S. Marine Corps from 1966 to 1970.

What is Frederick W. Smith's net worth?

The estimated net worth of Frederick W. Smith is at least $3.66 billion as of April 11th, 2023. Mr. Smith owns 14,459,759 shares of FedEx stock worth more than $3,660,054,198 as of March 19th. This net worth approximation does not reflect any other assets that Mr. Smith may own. Additionally, Mr. Smith receives an annual salary of $8,080,000.00 as CEO at FedEx. Learn More about Frederick W. Smith's net worth.

How old is Frederick W. Smith?

Mr. Smith is currently 80 years old. There are 7 older executives and no younger executives at FedEx. Learn More on Frederick W. Smith's age.

What is Frederick W. Smith's salary?

As the CEO of FedEx Co., Mr. Smith earns $8,080,000.00 per year. Learn More on Frederick W. Smith's salary.

How do I contact Frederick W. Smith?

The corporate mailing address for Mr. Smith and other FedEx executives is 942 SOUTH SHADY GROVE ROAD, MEMPHIS TN, 38120. FedEx can also be reached via phone at (901) 818-7500 and via email at [email protected]. Learn More on Frederick W. Smith's contact information.

Has Frederick W. Smith been buying or selling shares of FedEx?

Frederick W. Smith has not been actively trading shares of FedEx in the last ninety days. Most recently, Frederick W. Smith sold 131,755 shares of the business's stock in a transaction on Tuesday, April 11th. The shares were sold at an average price of $232.21, for a transaction totalling $30,594,828.55. Following the completion of the sale, the chief executive officer now directly owns 14,459,759 shares of the company's stock, valued at $3,357,700,637.39. Learn More on Frederick W. Smith's trading history.

Who are FedEx's active insiders?

FedEx's insider roster includes Mark Allen (EVP), Jill Brannon (EVP), David Bronczek (COO), Brie Carere (EVP), Robert Carter (EVP), Donald Colleran (CEO), John Dietrich (EVP), Marvin Ellison (Director), Stephen Gorman (Director), Alan Graf, Jr. (EVP), Kim Jabal (Director), Shirley Jackson (Director), Jennifer Johnson (VP), Amy Lane (Director), Michael Lenz (EVP), Henry Maier (CEO), R. Martin (Director), John Merino (VP), Joshua Ramo (Director), Susan Schwab (Director), Frederick Smith (CEO), John Smith (CEO), David Steiner (Director), Rajesh Subramaniam (COO), and Paul Walsh (Director). Learn More on FedEx's active insiders.

Are insiders buying or selling shares of FedEx?

In the last year, FedEx insiders bought shares 4 times. They purchased a total of 3,110 shares worth more than $745,164.40. In the last year, insiders at the shipping service provider sold shares 8 times. They sold a total of 195,650 shares worth more than $46,270,276.77. The most recent insider tranaction occured on December, 28th when EVP John W Dietrich bought 1,000 shares worth more than $252,020.00. Insiders at FedEx own 8.7% of the company. Learn More about insider trades at FedEx.

Information on this page was last updated on 12/28/2023.

Frederick W. Smith Insider Trading History at FedEx

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/11/2023Sell131,755$232.21$30,594,828.5514,459,759View SEC Filing Icon  
4/15/2021Sell102,000$290.02$29,582,040.0014,595,728View SEC Filing Icon  
5/7/2020Sell155,750$117.71$18,333,332.50View SEC Filing Icon  
4/5/2019Sell155,650$189.83$29,547,039.5014,945,124View SEC Filing Icon  
4/18/2018Sell124,000$255.99$31,742,760.0014,864,465View SEC Filing Icon  
5/2/2017Sell135,000$189.02$25,517,700.0015,326,133View SEC Filing Icon  
4/22/2016Sell200,000$166.14$33,228,000.0015,416,526View SEC Filing Icon  
1/9/2015Sell180,200$172.86$31,149,372.00View SEC Filing Icon  
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Frederick W. Smith Buying and Selling Activity at FedEx

This chart shows Frederick W Smith's buying and selling at FedEx by year and by quarter.

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FedEx Company Overview

FedEx logo
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services. The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. In addition, the company offers supply chain management solutions; and air and ocean cargo transportation, specialty transportation, customs brokerage, and trade management tools and data. The company was founded in 1971 and is headquartered in Memphis, Tennessee.
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Today's Range

Now: $253.12
Low: $251.68
High: $254.94

50 Day Range

MA: $245.82
Low: $236.39
High: $255.53

2 Week Range

Now: $253.12
Low: $213.80
High: $285.53

Volume

1,557,686 shs

Average Volume

1,533,588 shs

Market Capitalization

$63.25 billion

P/E Ratio

15.00

Dividend Yield

1.99%

Beta

1.2