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Phil Knight Net Worth

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Phil Knight Net Worth
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Phil Knight Net Worth

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What is Phil Knight’s net worth?

Net Worth: $45.5 Billion
Age: 82
Born: February 24, 1938
Country of Origin: United States of America
Source of Wealth: Entrepreneur
Last Updated: 2020

Introduction

Philip “Phil” Hampson Knight is an American business magnate and philanthropist from Oregon. Knight is the co-founder and current Chairman Emeritus of Nike, Inc.

He is also the owner of the stop motion film production company ‘Laika’. Knight was ranked by Forbes as the 28th richest person in the world.

As of 2020, Phil Knight’s net worth is estimated to be roughly $45.5 billion.

Early Life

Philip Hampson Knight was born on the 24th of February, 1938, in Portland, Oregon. Knight is the son of lawyer turned newspaper publisher Bill Knight and his wife Lota Knight. He grew up in Portland and attended Cleveland High School.

Knight used to work the night shift tabulating sports scores and every morning he ran home the full seven miles. He continued his education at the University of Oregon (UO) in Eugene, where he is a graduate brother of Phi Gamma Delta Fraternity.

 

Career

Knight began his career working as a Certified Public Accountant, firstly with Coopers & Lybrand, and then price Waterhouse. He then became an accounting professor at Portland State University.

After graduating from the University of Oregon, Knight enlisted in the Army and served one year on active duty. After one year of active duty, he enrolled at Stanford Graduate School of Business.

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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. The company name would later be transformed into Nike.

His first sales were made out of a now legendary green Plymouth Valiant automobile at track meets across the Pacific Northwest. In 1969, the early sales allowed him to leave his accountant job and work full-time for Blue Ribbon Sports.

Today, Nike’s “swoosh” logo, now is considered to be one of the most powerful logos in the world.

As of 2020, Phil Knight’s net worth is $45.5 billion.

 

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Shedrach uzogazie Techfarns co-founder and an aspiring entrepreneur who keeps a close eye on open source, tech giants, and security. Get in touch with him by sending an email — techfarns@gmail.com

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