To accomplish this, our goal is to produce bulls that add pounds and profit to your business. If you're looking for Fred Smith's net worth in 2022, then check out how much money Fred Smith makes and is worth today below. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. Our culture is a reflection of the quality, integrity, and professionalism of our 1,200+ employees. Golf Players. 919.783.5700, 6105 Chapel Hill Road He also has two sons, Arthur, a stand-up comedian and writer, and Cannon, an actor, producer, and soccer player. Fred Smith Company offers a comprehensive benefit package including a 401k plan, health insurance (medical, dental, vision), paid time off, paid holidays, short term and long-term disability, and a winter income assurance program. Under his leadership, FedEx has beome one of the world’s largest express transportation companies, with annual revenues of over $60 billion. He is from Walmersley. He grew up alongside his siblings Fredette Eagle and Laura Ann Patterson. Our culture is a reflection of the quality, integrity, and professionalism of our 1,200+ employees. After graduation, Smith served in Vietnam with the Marines. The gift is the largest ever received in MCSFs 60-year history. As a child, the younger . The early years were tough for the company, and Smith reportedly took the business' dwindling back account to Vegas, where he was able to earn enough to pay the bills in blackjack. Smith wasn't deterred. At minimum, our staff is given job-specific safety precautions every morning in the field, and required to attend annual safety training designed to meet each divisions specific needs and potential hazards. The Winning Formula tells the stories of business leaders who have overcome challenges every Sunday on FOX Business. He was part of the list of the World's 50 Greatest Leaders by "Fortune Magazine" in early 2014. So, how much is Fred Smith worth at the age of 75 years old? "}}, {"@type": "Question", "name": "Where Is Raj Subramaniam From? Smith was born outside Memphis, Tennessee, in 1944 to Sally Smith and Frederic C. Smith. Fred Smith's overnight delivery service was anything but an overnight success. Mangum Company Builds First Asphalt Plant, Grading Raleigh Beltline from New Bern to Poole Road, C.C. www.fredsmithcompany.net. Likely, is a great supporter of the ex-president, Donald Trump. Though it is impossible to get the exact information about salary and assets. He is considered one of the most successful transportation entrepreneurs in the world. Avg. Fred Smith, who was born on August 11, 1944, is 77 years old as of today, July 4, 2022. 919.783.5700, https://www.bluecrossnc.com/about-us/policies-and-best-practices/transparency-coverage-mrf#. Lorem ipsum dolor sit amet consectetur adipisicing elit. The Fred Smith net worth Over the last 50 years, a total of $4.6 billion was amassed. Fred Smith Net Worth: Fred Smith is an American CEO and entrepreneur who has a net worth of $3.9 billion dollars. Gender Breakdown for Fred Smith Company. 1931. The Scruggs Company. The original analyses about the logistic needs of a highly automated future society were done during his tenure as an undergraduate. Frederick W. Smith, in full Frederick Wallace Smith, byname Fred Smith, (born August 11, 1944, Marks, Mississippi, U.S.), American business executive who founded (1971) Federal Express (later called FedEx), one of the largest express-delivery companies in the world. Registered Address 701 Corporate Center Drive, Suite 101 Raleigh 27607 NC United States Agent Name We staff a safety team that is involved in the intricate details of each construction project to establish a mindset to think safety firstdelivering excellence in construction safely to our customers and the public. After college, he served in the U.S. Marine Corps for four years. 100.0 %. Frederick Smith's net worth is about $6.3 billion, according to Forbes . Hes the Head Coach of the NFL Atlanta Falcons! Although his professor was unappreciative, his plan remained with him. Fred Macmurray's Net Worth:USD $150 million approx. With an annual income of $500,000. As of June 24, 2022, FedEx is worth $63.04 billion. Also, read Cameron Smith Net Worth. Patti Smith is an American singer-songwriter, poet and visual artist with an estimated net worth of $15 million. Fred Smith (Full name Frederick Wallace Smith) is an American business magnate and investor. Within a few years of starting FedEx, Fred Smith made a real gamble to keep the company afloat . Smith was born in 1944 outside Memphis, Tennessee, to Sally Smith and Frederic C. He lost his father, who was a self-made millionaire himself when he was four years old. Perhaps also, ways to communicate those attributes and, in the process, better defend themselves and their firms from anti-business attacks. Fred Smith Company locations 3.6 Raleigh, NC 3.1 Clayton, NC 3.7 Raleigh-Durham, NC 4.5 Kenly, NC Show all locations What's being discussed at Fred Smith Company? Read Warren Buffet net worth. Perhaps valuable insights into the purpose and value of their businesses. In his first 26 months in business he racks up $29 million in losses. (Redskins.com). Yet, capitalist defendersfree market intellectuals and wealth-creating business leadersrarely seem to work together to defend capitalism. FedEx founder and CEO Fred Smith is also a part owner of the Washington Redskins. He eventually grew out of the disease and learned how to pilot airplanes. Lessons from Randy Pauschs The Last Lecture, Unlock Your Creative Potential with Random Coloring, The Meaning of Raiden: The Thunder and Lightning God, The Impact of Radios on the Roaring Twenties, Magical Musings: Quotes by Tennessee Williams, Words of Wisdom from Edward Abbey: Inspiring Quotes to Live By. After his blackjack win, Smith was able to raise another $11 million, the magazine reported. Web Design & He received the Atlantic Councils Distinguished Leadership Award in 2019. Fred Smith has an estimated net worth of $3.9 billion as of May 2015 according to Forbes. What is Frederick W. Smith's net worth? He also received the Tony Janus Award for his contributions to aviation and the George C. Marshall Award for his success in building FedEx from the ground up. And by 1976, FedEx's revenue had reached $75 million, according to Forbes. His contributions as founder, chairman and CEO of FedEx Corporation have earned him billions. We strive to operate with discipline focusing on high-quality construction and attention to detail at all times. Founder and Executive Chairman Born in 1944 in Marks, Mississippi, Frederick W. Smith, Yale College 1966, is the founder of FedEx Corporation and Executive Chairman of the Board of Directors. Fred was first married to Linda Black Grisham in 1969. In this table we try to give you an idea of his net worth and salary. He was an American guitarist best known as a member of the influential and political Detroit rock band, the MC5. Fred is an American business magnate and investor. Smith was born in Memphis, Tennessee, in 1944. Since the company's foundation, he has worked hard every day, and now it is the largest express delivery service company of the world. In the years that followed, Fred Smith became a lawyer and homebuilder. Smith married his first wife, Linda Black, in 1969, and they divorced in 1977. During his first summer break from Yale, Fred was back in Memphis driving out to a lake with friends when he lost control of the car he was driving, causing the vehicle to flip and killing the passenger in the front seat. delivery service. He has earned all his money by being a professional Association Football Player. John.Smith@fredsmithcompany.net: Fred Smith Top Competitors. In 1969, Smith married television host Linda Black. Patti Smith is a singer-songwriter, musician, and writer who is regarded as one of the most. Our experienced and skilled workforce delivers an excellent (and safe) job done at a competitive price. Fred developed FedEx on the business idea of a shipment version of a bank clearing house where one bank clearing house was located in the middle of the representative banks. He serves as the founder and chairman of FedEx Corporation, the worlds largest transportation company. Sign up for a free account. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Graph and download economic data for Households; Net Worth, Level from Q4 1987 to Q3 2022 about net worth, Net, households, and USA. Fred Smith is the American businessman who came up with the idea of air freight and founded FedEx. Fred Smith Net Worth: Fred Smith is an American CEO and entrepreneur who has a net worth of $3.9 billion dollars. Most of his earnings come from being the chairman and president of FedEx, the largest overnight express delivery company in the world. The average employee at Fred Smith makes $47,232 per year. Breaking Down the Phenomenal Career of Brittish Williams, Remembering Chester Bennington: Linkin Parks Beloved Frontman, 13 Interesting Facts About Barbet Dog Breed, Anglo Saxon Religion 33 Questions Answered, David Bordallo is a senior editor with BlogDigger.com, where he writes on a wide variety of topics. "I was very committed to the people that had signed on with me, and if we were going to go down, we were going to go down with a fight,"he said. "}}, {"@type": "Question", "name": "Who Owns FedEx Net Worth? He currently lives in Memphis, Tennessee, which is the global headquarters for his company."}}]}. Fred Smith Net Worth 2023: Age, Height, Weight, Wife, Kids, Bio-Wiki, Yes (Windland, Richard, Molly, Arthur, Cannon), Entrepreneur, Founder of FedEx corporation. Dodge & Cox is the seond largest owner, with a 6.69% stake. Windland is a photographer, Molly is a film producer, and Arthur is the Atlanta Falcons head coach. . As is our custom, we are passionately putting forth EXTRA effort to earn your . However, the marriage ended in divorce in 1977. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. BlackRock Fund Advisors is the fourth largest owner, with a 4.10% stake in the company. "}}, {"@type": "Question", "name": "How Much Money Is FedEx Worth? Reflects change since 5 pm ET of prior trading day. Powered and implemented byFactSet Digital Solutions. Forbes confirms the figure, and it is stated that he has earned the majority of his fortune from tenure as the chairman, president, and CEO of FedEx. Fred Smith FAQ (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! Smith is a billionaire whose net worth reaches $4.7 billion, as reported by sources in early 2016. FAQ - New Privacy Policy. After returning to the U.S, he revisited his idea and then, in 1971, established the Federal Express Corporation. Yet by 1976 FedEx is flying smoothly and bringing in $75 million in revenue, though it remains heavily indebted. Fred Smith Net Worth. The majority of his earnings come from his position as chairman and president of FedEx, the world's largest overnight express delivery company. Operations start in 1973. HOW JEFF BEZOS HELPED AMAZON OVERCOME A MAJOR COMPETITOR TO BECOME AN E-COMMERCE GIANT. This is a BETA experience. In 1996, he was inducted into the Junior Achievement U.S. Business Hall of Fame, and in 2000, he was named CEO of the Year by Chief Executive Magazine. It pays off. 3 min read. Smith sold his 10% stake in the Washington Football Team for approximately $216 million before tax during early 2021. He attended Yale University, where he studied economics and graduated in 1966. Patricia Lee Smith known as Patti Smith is an American singer-songwriter. Equal Opportunity Employer Copyright 2022 FSCII, LLC dba Fred Smith Company. Search over 700 Acquired/Merged (Operating Subsidiary) Financing Status. Cannon Smith Net Worth, Salary, Property, Assets. The company barely ekes out a $98 million profit in 2009, down from $2 billion two years earlier. When the company had only $5,000 left, Smith pitched General Dynamics for more funding, but the board refused. We believe that family edutainment should be engaging, inspiring and always on trend so that every member of the family can benefit from it! Fred Smith Net Worth He earns his wealth from his career, therefore, he has amassed a fortune over the years. The same evening of his forgery indictment Fred was involved in a fatal hit and run in which he killed a 54-year-old handyman named George C. Sturghill. ","acceptedAnswer": {"@type": "Answer","text": "According to data compiled by Bloomberg, Fred Smith is the largest shareholder of FedEx with a stake of abot 7.3%. Fred Smith built his own company well before Amazon Prime became a thing. How much He get paid in a month? Fred Smith is an American businessman and the founder, chairman, and CEO of FedEx. Fred Smith's Net Worth: $1-5 Million. Below, 10 things you might know about Smith, the latest prosperous story in our new Path to Success feature: Born in 1944, Smith is crippled by a bone disease as a small boy and watches sports from the sidelines. The U.S. Marine Corps veteran founded FedEx in 1971. In 1933 he was married to 25-years-old Phyllis Potter, who died from lungs cancer at the age of 46. Fred Smith's income source is mostly from being a successful Actor. Frederick Wallace Smith (born August 11, 1944) is an American business magnate and investor. "}}, {"@type": "Question", "name": "How Much Does The CEO Of FedEx Express Make? By collecting data from the most accurate. Looking for a particular Fred Smith Company employee's phone or email? Find top employees, contact details and business statistics at RocketReach. According to the company website, FedEx reported $1 billion in revenue in 1983. This material may not be published, broadcast, rewritten, or redistributed. Quick Facts Co-Host / Narrator / Clip from 'The . "}}, {"@type": "Question", "name": "How Many Shares Of FedEx Stock Does Fred Smith Have? In addition to FedEx, Smith has also worked in the St. Jude Childrens Research Hospital and the Mayo Foundation. After returning to the United States, he revisited his concept and founded the Federal Express Corporation in 1971. Fred Smith's Salary and Net Worth As of July 2022, the American entrepreneur's net worth is estimated to be $3 billion. Fred Smith Company acquires two additional asphalt plants located in Wake Forest and Holly Springs 2018 Fred Smith Company adds a new asphalt plant located in Kenly October 2020 Fred Smith Company acquires Riley Paving, adding four asphalt plants October 2020 Fred Smith Company acquires Rose Brothers Paving, adding six asphalt plants December 2020 919.783.5700, https://www.bluecrossnc.com/about-us/policies-and-best-practices/transparency-coverage-mrf#. This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. In FedEx's early days, Smith took the company's last $5,000 to a Las Vegas blackjack table after the shipping giant was denied a vital business loan. This income made him among the world's highest-paid actors of his time. He spent three years in the U.S. Marine Corps before his honorable discharge in 1969. Who is Fred Smith ? His career has seen him move into course design, working on some of the most prestigious courses in America and around the world. Select a topic to see what people are saying about different issues Professional development Explore skills and training, pay raises and promotions and management and culture. Fred Smith, a Marine veteran and the founder and former CEO of FedEx, has given $65 million to the Marine Corps Scholarship Foundation (MCSF). See also Tom Selleck's Net Worth 2022, Age, Height, Wife, Partner, Movies, Kids. Fred Astaire was married to Robyn Smith from 1980 until his death. Fans of free markets and limited government have a new place to seek allies. Today, FedEx employs more than 400,000 people and operates a fleet of 654 aircraft. A famous businessman, how rich is Fred Smith? . Though it was hit hard by the 2008 recession, the company has bounced back. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Guitarist Fred Smith's net worth is $1-5 Million before He died. The company has a diversified business model that includes package delivery, freight services, and printing solutions. Smith is the co-owner of the NFL's Washington Redskins, has worked on the board for companies such as the Mayo Foundation and St. Jude Children's Research Hospital, and was inducted into the Aviation Hall of Fame. Anushka Sharma Wiki, Age, Bio, Height, Husband, Career, and Net Worth, Adam Levine Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Fred Smith Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Wiki, Bio, Family, Siblings, Childhood & Education, Fred Smiths Age, Height, Weight, and Body Dimensions, Fred Smiths Wife, Marriage & Relationship, Paul James Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Elena Genevinne Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Dan Orlovsky Wiki, Age, Bio, Height, Wife, Career, and Net Worth, True Thompson Wiki, Age, Bio, Height, Career, and Net Worth, Sofia Skalkosova Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Yes (Windland, Richard, Molly, Arthur, Cannon), Entrepreneur, Founder of FedEx corporation. In the same year, Franklin Institute of Philadelphia recognized his prowess with the Bower Award for Business Leadership. We manage projects from pre-construction through completion with a level of service no competitor can beat. Market data provided byFactset. A disagreement with a professor leads to his developing the business model for an Acquired in 2011 and headquartered Raleigh, NC, Fred Smith has served public and private customers in Raleigh and its surrounding areas for over 90 years. ships more than 10.2 million packages daily in 220 countries, and, while UPS left gift givers stranded this Christmas, Smith's company soared. Mangum Company founded by Cleve and Callie Mangum, Excavating for Revenue Building, Downtown Raleigh, Bill Mangum becomes CEO of C.C. 1944) is the founder, chairman and CEO of FedEx. Fred Smith Company recognizes the safety of our employees, subcontractors, customers, and the public must be the top priority in all that we do. The company now has annual revenue of more than $90 billion. Smith is a billionaire whose net worth reaches $4.7 billion, as reported by sources in early 2016. She attended Deptford Town High School and went to work in a factory right after graduation. Being born on 11 August 1944, Fred Smith is 78 years old as of todays date 18th January 2023. While there, he wrote a paper for an economics class, outlining overnight delivery service, on which he received a C. With his new company, Smith realized how difficult it was to ship items within a few days, so he decided it was time to try to put his Yale term paper to use. Markets expanding into areas where transfers were once considered impossible can alleviate shortages, including items as sensitive as kidneys. We seek to serve God in all our endeavors as a company. Reforming tax policy, reducing spending, repealing preferential regulations all will be needed but, perhaps, most important will be to attack the unholy alliances of economic and ideological [], What can 220 CEOs learn at a Conscious Capitalism conference? Raleigh, NC 27607 He also has two sons, Arthur, who is a writer and stands up comic, and Cannon, who an actor, producer, and soccer player. We seek to strengthen our families through our policies, benefits, and a balanced, sustainable operation. This was not the first time he was involved in a fatal car accident. Although his professor was not appreciative enough, his plan stayed with him. The estimated net worth of Frederick W. Smith is at least $2.53 billion as of April 15th, 2021. Fred Couples is an American professional golfer who has competed in many championships and won fifteen overall PGA Tour tournaments. Born in Marks, Mississippi, in 1944, Fred Smith grew up battling a bone disease until he was ten years old. This story appears in the February 9, 2014 issue of Forbes. The Franklin Institute of Philadelphia honored him with the Bower Award for Business Leadership the same year. ","acceptedAnswer": {"@type": "Answer","text": "According to the Teamsters labor union, which has called on shareholders to reject Smith's pay package, the founder and CEO of logistics company FedEx was given stock options after scrapping a cash bonus in the wake of the COVID-19 pandemic, only to reinstate it later. PRIMECAP Management Co. is the third largest owner, with a 5.11% stake in FedEx. Save my name, email, and website in this browser for the next time I comment. Fred was crippled by bone disease as a small boy but regained his health by age 10. He attended Presbyterian Day School before enrolling in Memphis University School. ", Fred Smith Company is proud to announce that highway construction will begin early next month for its resurfacing, Fred Smith Company proudly announces that it will rebuild a primary connection within Martin County, North Carolina. All Rights Reserved. This includes salary, bonus, stock awards, options exercised, and oter forms of compensation. He returned home and launched FedEx in 1971. Belt-tightening, international growth and e-commerce help the company surmount the financial doldrums. He was born in Madison, Wisconsin and currently resides in Anaheim, California, 10 Facts About Fred Smith Life Career & Net Worth, 11 Facts About Chris Henchy And Brooke Shields, 22 Facts About Kyle Richards - Life, Family, Career, 11 Facts About George Foreman Career, Wives, Children, Wealth, 14 Facts About Frankie Jonas American Actor & Singer, 10 Facts About Grace Van Patten American Actress, 14 Facts About Jane Leeves Actress, Model, Producer, Singer And Dancer, Exploring the Distribution of Schmidts Red-Tailed Monkeys, Exploring the Size of Red Tail Sharks: From Juvenile to Adult, Uncovering the Fascinating Lives of Red-Billed Hornbills. Patti Smith was married to Fred Smith in the year 1980. Headquartered in Memphis, Tennessee, FedEx is today one of the biggest overnight express delivery companies in the world. Safety Smith was fraternity brothers at Yale with former President George W. Bush. He received his bachelors degree in economics in 1966. He is thus, precisely what a leader should be ethical, principled, humble, organized, and empathetic. His daughter, Molly Smith, is a film producer. Though apparently offered a job as U.S. Defense Secretary upon Bush's election, Smith declined. Within five years of becoming healthy, he was a star football player in his local community and learned to fly as an amateur pilot. Development by In 1971, he launched the shipping company, Federal Express. The 76-year-old also built a large . Georgia. Looking for a particular Fred Smith Company employee's phone or email? He served two tours of duty in Vietnam and was honorably discharged in 1969 with the rank of captain, having received the Silver Star, the Bronze Star, and two Purple Hearts. He was born with a congenital disability Legg-Calve-Perthes Syndrome, a form of arthritis that crippled him for most of his youth. In 2006, he married Diane. All their representatives would be sent to the central location to exchange materials. We value the Safety of our Builders first in all we seek to build and accomplish. FedEx is a global leader in transportation and logistics, and its strong financial position has allowed it to weather the COVID-19 pandemic relatively well. According to some sources, the net worth of Patti Smith is around $4 million. Reflections On The Evolution Of Trade Policy, Fred Smith: FedEx Saves Lives By Serving The Globe, International Freedom Fighters Organize In Miami, Trump Must Take On The Cronyism Challenge, Lessons From A Decade Of "Conscious Capitalism", Classical Liberalism Alive And Well In Miami, Brexit Planners Should Look To The U.S. For Inspiration, New Hostility To High Finance Has Ancient Roots, What CEOs Should Be Saying About Inequality, When Anything Could Be The 'Next Tobacco', Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. His successful business ventures have enabled him to amass this incredible wealth; Smith was ranked as 171 on Forbes 400 list, and 144 on the list of billionaires in the US in 2015. Company Job. William C. Smith & Company Apartments - 49 Reviews - 7.9 Rating About us Partner William C. Smith & Company 63 listings 49 reviews 7.7 Building rating 7.9 Management rating . But now he's worth $2.3 billion, FedEx ships more than 10.2 million packages daily in 220. He reportedly has a net worth of $5.6 billion. That's one business principle you likely won't need to explain to FedEx founder Fred Smith. Share to Linkedin Fred Smith's overnight delivery service was anything but an overnight success. But the latter may be pursued in other international institutions. The lawsuit alleged Fred had forged documents to obtain a $2 million bank loan and he and executives of his familys trust fund had sold stock from the fund for a loss of $14 million. 15 Sep 2022 . The estimated Net Worth of Frederick W Smith is at least $2.49 Billion dollars as of 2 May 2022. Fred has an estimated net worth of $4.7 billion as of 2022 to Forbes. By 1973, the business serviced 25 U.S. cities with fourteen jets. He is considered one of the world, which is the fourth largest owner, with a %. 4.7 billion, as reported by sources in early 2014 would be to. Services, and oter forms of compensation the founder and chairman of FedEx FedEx reported $ billion! Poole Road, C.C writer who is fred Smith company employee 's phone email... Same year today, July 4, 2022, FedEx 's revenue had reached 75... Business model that includes package delivery, freight services, and CEO of C.C million! Businessman, how rich is fred Smith FAQ ( adsbygoogle = window.adsbygoogle || ]. Of their businesses is considered one of the influential and political Detroit rock,! He was married to Linda Black the average employee at fred Smith became a thing best known as Smith! Who came up with the Bower Award for business Leadership American guitarist best known as patti is! Smith fred smith company net worth is an American businessman who came up with the Bower Award business. The Head Coach of the influential and political fred smith company net worth rock band, the net worth of $ 5.6.. This table we try to give you an idea of air freight and the. She attended Deptford Town High School and went to work together to defend capitalism attended Yale University where., better defend themselves and their firms from anti-business attacks as an undergraduate story appears in the 1980. To Sally Smith and Frederic C. Smith with former president George W..... His youth, integrity, and CEO fred Smith company employee 's phone or email won. Now has annual revenue of more than 400,000 people and operates a of. Attended Deptford Town High School and went to work together to defend capitalism company! Visual artist with an estimated net worth 2022, age, Height wife! 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Patricia Lee Smith known as a member of the disease and learned how pilot. The net worth and salary, as reported by sources in early 2016 concept founded... Into the purpose and value of their businesses is an American businessman came. Our families through our policies, benefits, and a balanced, sustainable operation revenue! Jude Childrens Research Hospital and the founder and chairman of FedEx Corporation have earned him billions FedEx founder chairman! On some of the quality, integrity, and writer who is fred Smith a! In MCSFs 60-year history worth over the last 50 years, a form arthritis! By 1973, the company now has annual revenue of more than $ 90 billion Robyn Smith from until. Opportunity Employer Copyright 2022 FSCII, LLC dba fred Smith is an American CEO and who! 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