According to forbes, smith came up with the idea for the company while he was a student at yale in 1965. Fred smith s net worth is estimated to be $6 billion. The main source of fred smith s wealth was fedex, the transportation, e-commerce, and business services company. · fred smith ($6. 7 billion net worth ) fred smith is the founder of fedex. · on the other hand, celebrity net worth valued fred smith s net worth at $6 billion. · frederick wallace smith , the founder of global courier giant fedex, who reportedly passed away on june 21 at the age of 80, leaves behind not only a legacy of innovation in logistics but also a. · and, according to celebrity net worth, that assumption rings true. How did fred smith make his money? What is fred smith net worth? Considered one of the most successful transportation entrepreneurs in the world, smith had an estimated net worth of $5. 3 billion at the time of his death according to forbes. · fred smith is #605 on forbes 2025 billionaires list. · fred smith s net worth at the time of his death in june 2025 was estimated at $6 billion, largely from his fedex shares and legacy as a logistics pioneer. Was fred smith a billionaire?