In this post, we are going to discuss Phil Knight net worth.
Phil Knight is an American businessman and entrepreneur. He is the co-founder and chairman of Nike, Inc., one of the world’s largest and most successful sports companies.
Knight’s net worth is estimated at $25.9 billion as of 2019, making him one of the richest people in the world.
Born in Portland, Oregon, Knight was a track and field athlete at the University of Oregon. He graduated in 1957 and started working at Nike soon afterward.
With Knight’s help, Nike grew from a small startup into a multi-billion dollar company. Knight has been the chairman of Nike since 1964, and he remains one of the most influential figures in the company’s history.
Knight has donated hundreds of millions of dollars to the University of Oregon, his alma mater, and has founded two major nonprofit organizations, the Nike Foundation and the Phil Knight Family Foundation.
He is also one of the founders of the 2020 Olympic Games in Tokyo. As a result, he has received many awards and honors during his career, including the Presidential Medal of Freedom.
Phil Knight is one of the most successful entrepreneurs in history, and his net worth is a testament to his hard work and ingenuity.
He has helped Nike become one of the world’s biggest and most profitable companies, and he shows no signs of slowing down.
Who is Phil Knight?
Born in 1938, Phil Knight is an American business magnate and entrepreneur who is the co-founder and chairman of Nike, Inc., one of the world’s largest suppliers of athletic shoes and apparel.
A graduate of Stanford University, Knight started working at Nike in 1962 as a salesman, and by 1964 had become the company’s first full-time employee.
In this role, he has contributed to the expansion of NIKE as a global sportswear and equipment supplier for such sports as track and field, soccer, golf and baseball.
In March 2015, Knight announced his resignation as CEO of Nike, effective in 2016. He will remain at the company as chairman emeritus , though he had been at the company for over 30 years.
Knight is estimated to be the 44th richest person in America as of March 2013, with a net worth of $11.5 billion.
Knight’s wife, Penny Knight , has been involved in numerous philanthropic projects including those that support research into finding a cure for breast cancer and ovarian cancer.
Knight is known for his business savvy as well as his largely reclusive lifestyle.
Philip Hampson “Phil” Knight is an American-born businessman, and the co-founder of Nike, Inc., one of the world’s largest suppliers of athletic shoes and apparel.
A graduate of Stanford University, Knight started working at Nike in 1962 as a salesman. In this role, he contributed to the expansion of NIKE as a global sportswear and equipment supplier for such sports as track and field, soccer, golf and baseball.
Phil Knight: Career and Education
While Phil Knight is well-known as chairman and CEO of Nike, he was also the president of the company for four years. He has contributed to a significant amount of funding for various philanthropic causes.
The foundation Knight has established, the Phil Knight Foundation, is one of the largest private foundations in the United States.
Knight began his business career in 1957 by selling Japanese running shoes from the trunk of his car. Knight and Bowerman founded Blue Ribbon Sports, later renamed Nike, on January 25, 1964.
Knight has been honored for his business acumen and entrepreneurship. He was inducted into the U.S. National Institute of Entrepreneurship’s Hall of Fame in 1997 and received the Institute’s Lifetime Achievement Award in 2005.
Knight is also a recipient of the EY Entrepreneur of the Year Award (2013) and was named one of America’s Best Leaders by U.S. News & World Report in 2009.
Knight has donated generously to academic institutions, primarily at his alma mater, the University of Oregon. The largest donation made by Knight was $105 million to the university in 2007, which was the largest gift made to a public university at that time.
The Phil Knight Campus for Innovation and Entrepreneurship opened on the University of Oregon campus in 2014.
Phil Knight YouTube Videos
FAQ: Phil Knight’s Net Worth
👉 What is the real size of Phil Knight’s fortune?
$14.4 billion is the estimated size of Phil Knight’s net worth. This number is based on calculations that Knight has a share in Nike, Inc. worth $10 billion and also on the assumption that he still owns the same shares as he did back in 2007.
✅ How did Phil Knight make his fortune? (i.e. career beginnings, history, and description)
One of the most interesting founders in the world of high finance is Phil Knight – who founded one of the world’s most famous footwear manufacturers, Nike Inc., which he still leads as its chairman and chief executive officer. Since co-founding this sports giant in 1964, Knight has become one of the richest people on the planet – with an estimated net worth of $14.4 billion as of July 2017, according to Forbes.
👉 What has Phil Knight been doing since creating Nike?
Knight ran the company from his spare bedroom for the first few years of Nike’s life. However, as it grew and became a household name, he took a more back-seat role. These days, Knight is still chairman and CEO of Nike Inc., but he has also branched out into other entrepreneurial activities. For example, he has co-founded the media company called Across Two Worlds – which is dedicated to increasing dialogue between Eastern and Western cultures through education, media, art, design and sports. He also sits on the board of directors at LVMH.
Conclusion: Phil Knight Net Worth 2024
Phil Knight’s net worth is believed to be around $26 billion as of 2015. He was born in Oregon in 1938 and was about twelve years old when he first started selling magazine subscriptions.
It didn’t take long for him to buy things like stereos and watches. He bought a lot of these items from auctions where the owners were trying to get rid of them so they could buy something new.