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Fred Smith was born to very wealthy family in 1944 in Marks , Mississippi. He had a miserable childhood, his dad died when he was 4 and he had a bone disease until the age of 10. In 1966, he graduated from Yale U with a degree in economics. He wrote the most famous C paper, detailing his idea of federal express at Yale. Then he spent 4.5 years fighting in Vietname with the Marines, earning 2 Purple Hearts. He inherited $4 million and used it as seed money for Federal Express. His biggest gamble , he was losing $1 million a month with the 1973 Oil Crisis, when oil price quadrupled. He took his last $5000 in the bank to Las Vegas, gambled in Black Jack, won $27,000 and saved Federal Express, which eventually grew to a global company. In 2021, he holds the world record as the longest serving CEO of a Fortune 500 company. He is still CEO after 50 years, and just saw the stock price of Federal Express more than doubled during the Pandemic. His 2 secrets of success: empower the employees and also technology innovation.