Phil Knight Net Worth is $29.0 Billion (as of 2020)
It has been claimed that one of the most successful entrepreneurs and businesspeople in the world Phil Knight net worth has an estimate of 14.1 billion dollars. Phil Knight is mostly known to the public as the founder of the company “Nike Inc”. In addition, he works as a chairman of the company, which is probably the most important source of Phil Knight net worth.
|Net Worth:||$29.0 Billion|
|Age:||84 years old|
|Date of birth:||Feb 24, 1938|
|Nationality:||United States of America|
He started his career as a businessman and entrepreneur when Phil Knight began co-working with Mr. Onitsuka from Japan. The tow arranged a business deal that Phil Knight would sell shoes of Mr. Onitsuka called “Tiger Running Shoes by Kobe” in the United States. Phil Knight sent several pairs of shoes to Bill Bowerman. Soon, the two decided to create their own business. Therefore, Phil Knight and Bill Bowerman started their company called “Blue Ribbon Sports”, which started to accumulate the overall amount of Phil Knight net worth which he has today.
In the beginning of the company, Phil Knight used to sell these shoes out of his car. It proved to be so successful financially, that soon Phil Knight made a decision to be employed for full time. After some time, the company’s name was changed to “Nike” from “Blue Ribbon Sports”. Today, “Nike” is known as one of the most successful sport companies in the world, which is loved by many people. In 2004, Phil Knight became the Chairman of the Board of the company instead of being its CEO.
Born in Oregon in 1938, before he got involved into business with “Nike”, Phil Knight was studying journalism at the University of Oregon. For one year, Phil Knight was involved into service of Army and for seven more years, he served in the Reserves. After his service in Army, Phil Knight decided that he wanted to be an entrepreneur for his future career and started to study at the Stanford Graduate School of Business. After graduation, Phil Knight was travelling across the globe which resulted into his first deal, which was with “Tiger Running Shoes”. It also started to accumulate the huge Phil Knight net worth.
Talking about his personal life, Phil Knight married Penelope Parks in 1963 with whom he has three children who now are all grown up. Currently, he and his wife are residing in Oregon. Moreover, Phil Knight is involved into cinema. He bought Wil Vinton Studios, which he renamed to Laika and which released the first animation called “Coraline”.