Phil Knight, an American businessman and philanthropist, began his career in the late 1950s, fueled by a passion for running and a dream to create a revolutionary sports brand. Born in 1938, Knight graduated from the University of Oregon with a degree in journalism, where he was also a middle-distance runner. His entrepreneurial journey took off when he started selling Japanese running shoes, which he imported, out of the trunk of his car in 1963. This was the humble beginning of what would eventually become Nike, Inc.

Phil Knight’s Current Net Worth (2025)

As of 2025, Phil Knight’s net worth is estimated to be around $50 billion. This significant wealth is primarily attributed to his role as the co-founder of Nike, Inc.

Career

Phil Knight’s career began in the late 1960s when he co-founded Blue Ribbon Sports, which later became Nike. He served as the company’s CEO from 1964 to 2004, and then as chairman until 2015. Knight’s innovative marketing strategies and commitment to quality have made Nike a global leader in athletic footwear and apparel.

Other Ventures

In addition to Nike, Knight has invested in various other ventures. He is a co-founder of the Knight Venture Group, which focuses on early-stage investments in technology and consumer products. Knight has also made significant investments in the film industry, including the production of “Patriots Day” and “The Joy Luck Club.”

Assets

Phil Knight’s assets include a substantial stake in Nike, Inc., which accounts for a significant portion of his net worth. He also owns a significant amount of real estate, including properties in Oregon, California, and Hawaii. Knight’s art collection, which includes works by Andy Warhol and Roy Lichtenstein, is also valued in the tens of millions of dollars.

Annual Income

As of 2025, Phil Knight’s annual income is estimated to be around $1 billion. This income primarily comes from his stake in Nike, Inc., as well as his other investments and ventures. Knight’s annual income has seen a steady increase over the years due to the continued success of Nike and his other business interests.

Frequently Asked Questions about  Phil Knight

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Frequently Asked Questions about Phil Knight’s Net Worth

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1. What is Phil Knight’s net worth?

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Phil Knight’s net worth is estimated to be around $44 billion.

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2. How did Phil Knight make his fortune?

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Phil Knight co-founded Nike, Inc. in 1964 and served as its CEO until 2004. He is credited with transforming Nike into the world’s leading supplier of athletic shoes and apparel.

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3. What is Phil Knight’s role at Nike today?

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After stepping down as CEO, Knight remained as Nike’s chairman until 2016. He is now the company’s chairman emeritus and still holds a significant stake in the company.

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4. How much of Nike does Phil Knight own?

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As of 2021, Phil Knight owns approximately 12% of Nike’s outstanding shares.

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5. What is Phil Knight’s annual income?

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Phil Knight’s annual income varies, but as of 2021, it is estimated to be around $10 million.

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6. What are some of Phil Knight’s philanthropic efforts?

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Knight and his wife Penny have donated hundreds of millions of dollars to various causes, including the Knight Cancer Institute at Oregon Health & Science University and the University of Oregon, where he graduated.

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7. What is Phil Knight’s book about?

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Knight’s memoir, titled “Shoe Dog: A Memoir by the Creator of Nike,” was published in 2016 and provides an inside look at the founding and growth of Nike.

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8. How tall is Phil Knight?

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Phil Knight is 5 feet 10 inches (178 cm) tall.

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9. What is Phil Knight’s political affiliation?

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Phil Knight has not publicly disclosed his political affiliation.

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10. What is Phil Knight’s education background?

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Knight graduated from the University of Oregon with a Bachelor of Science degree in 1959. He then earned a Master of Business Administration degree from Stanford University in 1962.