Frederick Smith – Billionaire

Frederick Smith
Chairman and CEO, FedEx
REAL TIME NET WORTH — as of 4/22/17
$4.2 B
FedEx founder’s business is thriving on the rise of e-commerce. Revenues of the company, which ships more than 12 million packages a day, hit $50 billion for the first time in the fiscal year ending in May 2016. Smith drafted up the idea for the business in a term paper at Yale, and his professor gave him an average grade. After graduation, he served in Vietnam, where he survived an ambush that left him without a gun, grenade or helmet. He returned home and picked up his old thesis idea.
Source:forbes
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