So, you’re at a backyard barbecue, and someone brings up the founder of FedEx. The conversation drifts, as it does, and suddenly someone asks, “Wait, how many wives did Fred Smith have?” It’s one of those random facts that sticks in your brain like a catchy song. Let’s be honest: we all love a little peek behind the curtain of successful people. It makes them feel less like legends and more like… us.

The Short Answer (So You Can Nod at the Cookout)

Fred Smith has been married twice. That’s it. No wild harem, no secret marriages in a dozen countries. Just two wives, which, in the world of corporate titans, is almost quaint. Think of it like your own family tree: sometimes the first branch doesn’t hold, so you plant a second one that grows stronger.

His first marriage was to Linda Black in 1969. They had two daughters together. Like many young couples, they built a life while Fred was starting FedEx, a company that nearly went bankrupt eleven times. Imagine the stress of that—like trying to keep a Jenga tower from falling while someone shakes the table.

That marriage ended in divorce in the mid-1970s. It happens. Sometimes the pressure of building an empire from scratch is like a slow leak in a tire. You don’t notice until you’re completely flat on the side of the road.

Enter the Second Mrs. Smith: The One Who Stayed

Fred married his second wife, Diane Avis, in 1977. And here’s where it gets really human: Diane was a high school sweetheart from his hometown. They had dated before he went off to Yale, then reconnected years later. It’s like that old movie trope where the one who got away comes back, but this time, everyone stays.

Fred Lee Smith, 1940-24 — Adam Smith InstituteFred Lee Smith, 1940-24 — Adam Smith Institute

Diane and Fred have been married for over 45 years now. That’s longer than most of us have kept a smartphone, a car, or a New Year’s resolution. They have four children together—two sons and two daughters. So total, Fred has ten children between both marriages. Yes, ten. That’s a whole baseball team’s worth of family dinners.

Why should you care? Because it’s not a scandal. It’s a story about growing up. Fred’s first marriage was during the chaotic startup years. His second marriage began when he was already a weathered, successful man. It’s the difference between building a sandcastle at high tide versus low tide.

Helen Pitts DouglassHelen Pitts Douglass

The Real Lesson: It’s Not About the Number

Here’s the thing people get wrong. They want to know “how many wives” to judge someone. But Fred Smith’s story is about persistence. He failed at his first marriage, but he didn’t give up on love. He failed at business, but he didn’t give up on FedEx. Remember, at one point, the company had $10,000 left in the bank—and he gambled it on blackjack-style risk to make payroll.

That’s the daily life lesson: You can mess up. You can divorce. You can lose money. But you can also try again. Diane didn’t marry a perfect man; she married a man who learned from his mistakes. And that’s a far more interesting story than the number of rings he bought.

Ex-Washington NFL Team Part-Owner Fred Smith Married Diane After HisEx-Washington NFL Team Part-Owner Fred Smith Married Diane After His

A Little Comparison to Your Own Life

Think about your own relationships. Maybe you’ve had two jobs, two apartments, or two serious partners. It doesn’t make you a failure. It makes you a person who is figuring things out. Fred Smith just did it while inventing overnight shipping. So the next time someone asks, “How many wives did Fred Smith have?” you can smile and say, “Two. And he got it right the second time.”

That’s comforting. It means that even the guy who changed how the world sends packages needed a mulligan. And if he can get one, so can you. So go ahead, pass the potato salad, and enjoy the fact that even billionaires have complicated love lives. Just fewer than the tabloids would have you believe.

Frederick Douglass Wife