Riverstone Group

Riverstone Group Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Riverstone Group, Design & Fashion, Fort Worth, TX.

FedEx founder saved his own company by gambling in Las VegasThis is the ultimate life-affirming story for aspiring gambl...
02/04/2025

FedEx founder saved his own company by gambling in Las Vegas

This is the ultimate life-affirming story for aspiring gamblers and small business owners. FedEx founder Frederick Smith saved his floundering company by gambling in Vegas. The businessman made $27,000 on blackjack!

The company only had $5,000 in its coffers. And then in 1973, Friedrich Smith decides to go to Las Vegas to risk all the company's money and gamble in the casino. While not the best idea for an investment, it had unexpected consequences. Smith at the gaming table ended up winning a total of 11 million dollars. Returning home with the money received, the businessman managed to put his company on its feet. And already in 1976 FedEx brought the first profit to its owner.

Address

Fort Worth, TX

Website

Alerts

Be the first to know and let us send you an email when Riverstone Group posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

Share

Category