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Phil Knight
  • Net Worth : $42 Billion
    0.00%
    Real Time Net Worth as of 2024/02/27
  • Wealth Source : Nike
  • Industry : Fashion & Retail
  • Date of Birth : 1938/02/23
  • Age : 86
  • Gender : Male
  • Citizenship : United States

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Phil Knight
  • Net Worth : $42 Billion
    0.00%
  • Wealth Source : Nike
  • Industry : Fashion & Retail
  • Date of Birth : 1938/02/23
  • Age : 86
  • Gender : Male
  • Citizenship : United States

Phil Knight Net Worth 2024

Year Net Worth

The massive figure on Phil Knight’s net worth has earned him a spot on the list of wealthiest people in the world. He is one of America’s top businessmen, chairman emeritus, and co-founder of Nike, Inc. 

Phil Knight’s net worth is approximately $38.9 billion, placing him on a high pedestal with the world’s wealthiest people.

The crazy, huge figures on Phil Knight’s net worth do not come as a huge surprise considering that he owns significant shares at Nike Inc.; he secures and controls these shares through a firm called “Swoosh,” which he founded by himself.

This article will explore the personal, family, and business life of Phil Knight.

Who is Phil Knight?

Phil Knight is an American billionaire, businessman, sports fan, and philanthropist. He was born in Portland, Oregon, and bagged a degree in journalism from the University of Oregon. He then enlisted with the United States Army, serving one year on active duty and another seven years with the reserve.

Phil Knight also studied and graduated with a master’s degree in business administration from the Standard Graduate School of Business.

He is married to Penelope Park, and together they have three children, Matthew, Travis, and Christina. Matthew, unfortunately, passed away after suffering an undetected congenital heart defect.

Phill started his business journey selling sports shoes at several track meets, and he used to make the sales from his car. He co-founded Nike Inc. with his former college track coach Bill Bowerman, who joined forces to create Blue Ribbon Sports on January 25, 1964, which later became Nike.

Phil Knight resigned and stepped down from his role as CEO on November 18, 2004, but he still retains his position as chairman of the board.

phil knight net worth - comparewise

What is Phil Knight’s net worth?

Knowing the exact figure that makes up Phil Knight’s net worth and the businesses and assets that make up this figure is essential. To calculate net worth, one subtracts liabilities from one’s assets.

Phil Knight sits 25th on the list of the wealthiest people globally, with his net worth at a whopping $38.9 billion. The summary of Phil Knight’s net worth can be broken down as follows:

Phil Knight owns the majority shares at Nike Inc., which are classified into Class A and Class B. They also equate to 24 percent of the world’s largest athletic and sports apparel company, Nike Inc., which is worth around $147 Billion

Phil Knight also owns a stop-motion film production company called “Laika.”

Conclusion

Phil Knight has undoubtedly built a legacy from scratch, taking his place as one of the most significant and influential figures in the sports and business worlds.

His company, Nike, is widely credited with influencing and expanding the game of basketball globally through its high-quality and innovative products and influential marketing. 

As we see today, Phil Knight’s vision and leadership are highly credited for innovations and top mergers in top-flight sports and popular culture. His dedication has been to developing elite footwear, apparel, and sports tools built on quality and high performance, all of which have contributed to his success.

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FAQs about Phil Knight’s Net Worth

Does Phil Knight own Nike?

Phil Knight retired from his position as CEO of Nike in 2004, but he is still chairman of the board and owns majority shares of the company.

How much is Nike worth?

As of October 2023, Nike is currently worth $147 billion.

Who is the owner of Nike?

Phil Knight owns and controls the majority shares at Nike.

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January 2, 2024
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