Rank #95
Phil Knight & family
Net worth $26.6B
Nike · United States
- Born
- Feb 24, 1938
- Age
- 88
- Source
- Nike
- Residence
- Hillsboro, Oregon
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of Oregon
Net worth over time
Biography
- Phil Knight, cofounder of shoe giant Nike, retired as chairman in 2016 after 52 years at the company.
- Knight ran track at the University of Oregon and created Nike shoes with his former track coach, Bill Bowerman.
- In 1964, they each put up $500 to start Blue Ribbon Sports. Knight & family still own 21% of the $46 billion (fiscal 2025 revenue) company now known as Nike.
- Knight and his wife Penny have given $4 billion to charity so far--mainly through their Knight Foundation. They rank among America's top philanthropists.
- The Knights have pledged over $500 million in donations to each of the University of Oregon and Stanford University, Phil's alma maters.
- The couple pledged $400 million to help rebuild Portland, Oregon's historically Black Albina neighborhood in 2023.
- In August 2025, the Knights pledged another $2 billion to Oregon Health & Science University's Knight Cancer Institute.
- Before cofounding Nike, Knight sold Japanese running shoes from the trunk of his car.
- Knight paid a Portland State University student $35 to design Nike's iconic "Swoosh" logo.
Financial assets
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