122. Fred­er­ick Smith

Forbes - - PROMOTION -

sales at smith’s fedex ex­ceeded $60 billion for the first time in the fis­cal year end­ing may 2017, driven by re­cent ac­qui­si­tions (tnt ex­press) as well as an $1.8 billion in­vest­ment in air­craft; the stock is up by 39% in the past 12 months. smith came up with the idea for his ship­ping com­pany while writ­ing a term pa­per at Yale. al­though his pro­fes­sor was not wowed, smith went ahead and launched the com­pany af­ter re­turn­ing home from the viet­nam war in 1971. smith and former pres­i­dent ge­orge w. bush were fra­ter­nity broth­ers at delta kappa ep­silon.

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