Fred Smith, founder and former CEO of FedEx, passed away at 80. Smith, a former US Marine, established FedEx in 1973, revolutionizing the parcel delivery industry. He led the company until 2022, leaving behind a legacy as a visionary entrepreneur. Current CEO Raj Subramaniam described Smith as the "heart and soul" of FedEx, highlighting his profound impact on the company's success.

Prepared by Christopher Adams and reviewed by editorial team.