Sometimes a person’s influence goes so far beyond the company they built, it shapes cities, industries, and even the lives of people they never met.
That’s the kind of legacy Fred Smith left behind.
The billionaire founder of FedEx and father of NFL coach Arthur Smith has passed away at the age of 80, according to multiple reports.
From Military Roots to Global Logistics Empire
Fred Smith’s journey started long before FedEx became a household name.
After serving in the Marine Corps for four years, he took a bold leap into entrepreneurship in 1973, launching FedEx in Memphis, Tennessee.
Over time, the business exploded into a global leader in transportation, logistics, and e-commerce.
Though the cause of his death hasn’t been made public yet, what is clear is the extraordinary impact he made across multiple spheres of American life—from corporate boardrooms to community organizations.
A Business Icon and Community Pillar
Smith didn’t just build a company—he built a legacy.
Worth an estimated $5.3 billion at the time of his passing (according to Forbes), he also gave back generously.
One of his most meaningful philanthropic efforts included donating millions to the Marine Corps Scholarship Foundation, reflecting his deep ties to military service and veterans’ causes.
He stepped down as CEO of FedEx in 2022 but remained closely involved as executive chairman.
His presence was always felt—not just in the business world, but in the city of Memphis, where he was considered something of a local hero.
Political Figures Pay Tribute
Tributes quickly poured in from across the country.
Tennessee Senator Marsha Blackburn expressed her condolences, calling Smith a visionary leader whose innovations reshaped global commerce.
“His leadership and innovation transformed global commerce,” she said.
“He’ll be remembered for his relentless drive, patriotism, and commitment to service.”
Former Memphis mayor Jim Strickland called him “the most significant Memphian in history,” praising how Smith created opportunities for generations of locals.
“He benefited our city in every way possible,” Strickland said. “God bless Fred Smith.”
A Personal Loss for NFL Coach Arthur Smith
While the business world is mourning an icon, the loss is deeply personal for Arthur Smith, Fred’s son.
Born in Memphis, Arthur made a name for himself in professional football.
He climbed the coaching ranks with the Tennessee Titans before becoming the Atlanta Falcons’ head coach in 2021.
After three straight 7-10 seasons, Arthur was let go from Atlanta and is now serving as the offensive coordinator for the Pittsburgh Steelers.
News of his father’s passing triggered an outpouring of sympathy from fans online.
“Have to feel for Arthur tonight. Losing a parent is rough. RIP Mr. Smith,” one fan wrote on X (formerly Twitter).
Another simply added, “Prayers to Arthur Smith and his family.”
A Lasting Footprint on Memphis and Beyond
Fred Smith wasn’t just a business tycoon—he was a proud Marine, a generous philanthropist, a father, and a mentor to many.
His impact will continue to be felt through the continued success of FedEx, the lives improved by his giving, and the city of Memphis, which he helped uplift in more ways than one.
At 80, Fred Smith leaves behind more than just a legacy—he leaves behind a powerful reminder that great leadership is built on vision, service, and heart.