[FYYFFF]

It is not his success that I find problematic, its his current assessment of the Gov, the politics and the imbalance that exists in today's "Socialize risk, Privatize profits" environment. He's suffering from hubris.

The fact that he comes from money makes this whole thing even more ridiculous. He did not build anything from scratch, he literally started on 3rd base and was handed his field position before he even started...

This also seems to ignore the fact that UPS existed decades before his company, a company that he intentionally named Federal Express to fool people into thinking it was a government entity...

[ethagknight]

UPS introduced next-day air service in select markets in 1982 and UPS Airlines founded in 1988, Fedex was founded in 1971 with a focus in overnight delivery. He launched his company in the shadow of a juggernaut.

Naming his company- even better, he apparently gave his dozen or so planes random serial numbers to give the impression he had way more planes. Plane #136 coming in!

Starting at 3rd base- this might be said of the Fords or for the Waltons, but Fred did not inherit the business he built. Yes he had a privileged start, but his daddy certainly didn't hand him an air freight business.

I certainly understand not liking his politics. His comments in the article are bristly.

[FYYFFF]

UPS was founded in 1907. Bu thanks.

Fred was trained by the US Gov to fly, went to the most exclusive schools and inherited 40million in the 70s! That's 250million today... You can think this is a story of a selfmade man but you'd be wrong. He may have built a business, but he did it from the highest rings of the ladder having been placed there by his privilege.