Home NET WORTH Phil Knight Net Worth 2022: Companies

Phil Knight Net Worth 2022: Companies

by Don Mark
phil knight net worth

Phil Knight Net Worth 2022, Forbes, age, nike, wife, biography, young, quotes. Philip Hampson Knight is an American billionaire businessman. He is the co-founder and chairman emeritus of Nike, Inc., and was previously chairman and CEO of the company.  He is also the owner of the stop motion film production company Laika.

Phil Knight Net Worth 2022

Net worth$57 billion
Date of birthFebruary 24, 1938
Full namePhilip Hampson Knight
Occupation Businessman
NationalityAmerican

What is Phil Knight net worth?

As of 2022, Phil Knight net worth is valued at $57 billion making him one of the richest people in the world. Philip Hampson Knight is an American billionaire businessman. Knight has donated hundreds of millions of dollars to each of his alma maters, as well as Oregon Health & Science University. He has donated over $2 billion to the three institutions.

Early

Phil Hampson Knight was born in Portland, Oregon, to Bill Knight, a lawyer turned newspaper publisher, and his wife, Lota Cloy Knight. Read Bill Gates net worth

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He grew up in the Portland neighborhood of Eastmoreland, and attended Cleveland High School. 

Knight continued his education at the University of Oregon in Eugene, where he is a graduate brother of Phi Gamma Delta fraternity, was a sports reporter for the Oregon Daily Emerald and earned a journalism degree in 1959.

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Career

Before Blue Ribbon Sports—later Nike—flourished, Knight was a CPA, first with Coopers & Lybrand, and then Price Waterhouse. Knight then became an accounting professor at Portland State University

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Phil Knight net worth: Nike Inc.

Immediately after graduating from the University of Oregon, Knight enlisted in the army and served one year on active duty and seven years in the Army Reserve

He then enrolled at Stanford Graduate School of Business where he graduated with a master’s degree in business administration from Stanford in 1962.

Knight set out on a trip around the world after graduation, during which he made a stop in Kobe, Japan, in November 1962. It was there that he discovered Tiger brand running shoes, manufactured in Kobe by the Onitsuka Co., now known as Asics. Read Lisa Su net worth

Impressed by the quality and low cost of the shoes, Knight called Mr. Onitsuka, who agreed to meet with him. By the end of the meeting, Knight had secured Tiger distribution rights for the western United States.

The first Tiger samples would take more than a year to be shipped to Knight; during that time he found a job as an accountant in Portland.

When Knight finally received the shoe samples, he mailed two pairs to Bowerman at the University of Oregon, hoping to gain both a sale and an influential endorsement.

To Knight’s surprise, Bowerman not only ordered the Tiger shoes, but also offered to become a partner with Knight and provide product design ideas.

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The two men agreed to a partnership by handshake on January 25, 1964, the birth date of Blue Ribbon Sports, the company that would later become Nike

Knight’s first sales were made out of a now storied green Plymouth Valiant automobile at track meets across the Pacific Northwest.

By 1969, these early sales allowed Knight to leave his accountant job and work full-time for Blue Ribbon Sports.

Jeff Johnson, Nike’s first employee, suggested calling the firm “Nike,” named after the Greek winged goddess of victory, and Blue Ribbon Sports was subsequently renamed Nike in 1978.

Nike’s “swoosh” logo, now considered one of the most valuable logos in the world, was commissioned for $35 from graphic design student Carolyn Davidson in 1971.

Phil Knight Net Worth

As of 2022, Phil Knight net worth is valued at $57 billion making him one of the richest people in the world. Philip Hampson Knight is an American billionaire businessman. Phil Knight, the founder of shoe giant Nike, retired as chairman in June 2016 after 52 years at the company.

Knight has pledged over $500 million in donations to both the University of Oregon and Stanford’s Graduate School of Business, his alma maters.

In 1990, Knight founded the Philip H. Knight Charitable Foundation Trust. As of 2016, according to Portland Business Journal, “Knight is the most generous philanthropist in Oregon history. His lifetime gifts now approach $2 billion

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