Phil Knight Net Worth 

Phil Knight has a net worth of $18.3 billion and he has amassed his fortune by co-establishing the company Nike Inc. The man also serves as the CEO of the company. The man graduated from the University of Oregon and Stanford Graduate School of Business. Both of the educational institutions have received humongous financial benefits courtesy of alumni, Phil Knight. It was at Stanford Graduate School of Business where he derived the billion dollar idea of setting up Nike Inc 

  • Phil Knight is the CEO and co-founder of Nike Inc.
  • The man graciously donated $68 million for the building of a training facility for the football team at University of Oregon.
  • The iconic logo of Nike was made by a designer for $35.
  • The man graduated with an MBA degree from Stanford Graduate School of Business.

Phil Knight has a net worth of $18.3 billion and he has amassed his fortune by co-establishing the company Nike Inc. Phil Knight was born to a lawyer father who later turned his attention to newspaper publishing. He was a talented athlete who specialized in middle distance running. It was only after his enrollment in Stanford Business School did he get the idea to become an entrepreneur. Upon graduation, the man set out to travel around the world.

When he stopped in Japan, Phil was largely impressed by the Tiger brand running shoes manufactured by Onitsuka Co. The shoes were of high quality and were sold at low costs. He immediately secured the Tiger distribution rights in United States. The man sent the samples he received to Coach Bill Bowerman. To his surprise, his coach loved the shoes and even decided to invest in them. The two men finalized their collaboration on a handshake. Thus, Blue Ribbon Sports was born. It would later be known as Nike. 

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)