Tag Archives: fedex founder

The Founder of FedEx Once Saved the Company by Taking Its Last $5,000 and Turning It Into $32,000 by Gambling in Vegas

Today I found out the founder of FedEx once saved the company by taking its last $5,000 and turning it into $32,000 by gambling in Las Vegas. The man is Frederick W. Smith who is the founder and current CEO of FedEx.  In 1971, Smith took his personal fortune of around $4 million and raised around an additional $90 million […]

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