Fred Smith Net Worth $4.7 Billion

Smith’s Father, Who Also Went by the Name of Fred Smith, Was a Self-Made Millionaire, the Owner of the Restaurant Chain Toddle House and the Smith Motor Coach Company, Which Later Became Part of the Greyhound Bus Lines Company. He Died When Fred Smith Junior Was Four Year's Old and the Boy Was Raised by His Mother in Memphis, Tennessee Where He Attended the Private Presbyterian Day School. He Had Struggled with Hips Arthritis Until He Was 10 Year's Old, but Upon Growing out of the Disease, Smith Became a Successful Football Player, and Developed a Great Passion for Flying, Soon Turning into a Skilled Amateur Pilot. Upon Matriculating from Memphis University School, He Enrolled at Yale University in 1962, Studying Economics. While There, Smith Wrote a Paper Which Outlined His Idea for a Company Offering Overnight Package Delivery Services Across the Usa. This Was the Idea That Later Brought Smith Huge Success.

Frederick W. Smith Net Worth

By Sophia Al-Mansoor

• Oct 13, 2026 • 5 min read

From key trends to fundamental details, understand everything about Frederick W. Smith Net Worth with our comprehensive overview.

Direct Answer • Key Takeaway

Frederick Wallace Smith Was Born on 11 August 1944, in Marks, Mississippi Usa, to Parents Sally and James Frederick Smith. He Is an Entrepreneur Best Known as the Owner of the Global Delivery Services Company Fedex.

Sophia Al-Mansoor

Global Business & E-Commerce Reporter

Sophia analyzes international trade, startup ecosystems, retail transformation, and supply chain logistics for modern digital publications.