Frederick W. Smith
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Frederick W. Smith
Bounce, Don’t Break: A childhood disease that should have crippled him. A car accident killed his friend. Two tours in Vietnam. The Vegas gamble. The coup attempt. The European disaster. Each crisis taught Fred the same lesson: adapt or die. He didn’t just survive—he built an $88 billion empire that moves 17 million packages daily. Most people are
... See moreSmith, however, was an entrepreneur, and that Yale paper became the basis for FedEx, which he founded in 1971. He was also a betting man: once, in the early days of FedEx, after a bank had refused to extend a crucial loan, he took the company’s last $5,000 to Las Vegas and won $27,000 playing blackjack to cover the company’s $24,000 fuel bill. Of c
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