Fred Smith, FedEx Founder and Former CEO, Dies at 80

TL;DR
Fred Smith, the founder of FedEx and a pioneer in the logistics industry, has died at age 80. He established FedEx in 1973, transforming it from a small operation into a global delivery giant with over 500,000 employees. A former Marine and Yale graduate, Smith innovated the hub-and-spoke delivery system that revolutionized package delivery. He was remembered as a visionary leader and a mentor to many.
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