Phil Knight Biography– Philip Hampson Knight (February 24, 1938) is an American businessman and millionaire. He is the co-founder and chairman emeritus of Nike, Inc., as well as the company’s former chairman and CEO. Knight was named the 24th richest person in the world by Forbes on July 23, 2020, with a net worth of $55 billion.
He is also the founder and CEO of Laika, a stop motion film production firm. Knight is a Stanford Graduate School of Business and University of Oregon graduate. At the University of Oregon, he raced track for Bill Bowerman, with whom he would later co-found Nike.
Knight has given hundreds of millions of dollars to his alma school and Oregon Health & Science University. He has given more than $2 billion to the three organizations.
Bill Knight, a lawyer who later became a newspaper publisher, and his wife, Lota Cloy (Hatfield) Knight, raised Phil Hampson Knight in Portland, Oregon. Knight attended Cleveland High School in the Portland area of Eastmoreland where he grew up.
“When his father refused to give him a summer job at his newspaper [the now-defunct Oregon Journal], believing that his son should find work on his own,” Knight “went to the rival Oregonian, where he worked the morning shift tabulating sports scores and ran home the full seven miles every morning,” according to one source.
Who is Phil Knight ?
Phil Knight is a philanthropist and business entrepreneur from the United States with a net worth of $55 billion.
He grew up in the Eastmoreland district of Portland, Oregon, as the son of Bill Knight, a lawyer turned newspaper publisher, and Lota Knight.
He graduated from Cleveland High School and went on to the University of Oregon in Eugene to further his education. He acquired a journalism degree while working as a sports reporter for the Oregon Daily Emerald.
He became a middle-distance runner at the University of Oregon, earning varsity letters for his track achievements for three consecutive years until 1959.
He created Athletics West, an American running team, with two other partners, Bowerman and Geoff Hollister.
He worked as a Certified Public Accountant (CPA) before joining the Nike running team, and he even taught accounting at Portland State University (PSU).
He enlisted in the Army shortly after graduation, serving for one year on active service and seven years in the Army Reserve.
He attended Stanford Graduate School of Business after serving a year in the military. In Frank Shallenberger’s Small Business class, he discovered his entrepreneurial side.
He had to write a business strategy and a report in class called Can Japanese Sports Shoes Do to German Sports Shoes.
Phil Knight Net Worth: How much does he have?
Phil Knight has an estimated net worth of $55 billion and a sports aficionado, and philanthropist from the United States.
Phil Knight is the founder of Nike Inc. and the company’s largest individual stakeholder.
He is also the founder and CEO of Laika, a stop motion film production firm. Knight is a Stanford Graduate School of Business and University of Oregon graduate.
Phil Knight Career
Phil Knight started his career like most average college graduates with no money, no clear direction, and what seemed like an eternity working as an accountant at a desk. Instead, one of the greatest American entrepreneurial stories and a $100 billion sportswear behemoth emerged.
This is the narrative of Phil Knight, the co-founder of Nike, who made his insane concept a reality. In his new biography, “Shoe Dog,” the 78-year-old tells the story of Nike for the first time.
Knight says the inspiration for the athletic apparel behemoth came from “running track at Hayward Field in Oregon and out of the classroom at Stanford business school.”
Phil “Buck” Knight, a self-described “average mid-distance runner” on the track team, observed his track coach, Bill Bowerman, experiment with runners’ running shoes and the instant influence it had on their performance.
When you combine it with a thesis he did at Stanford about why shoes should be made in Japan (rather than Germany), where labor is cheaper, you get his wacky idea.
Knight’s business, originally known as Blue Ribbon Sports, began on a whim when he persuaded a group of Japanese businessmen to export their popular Tiger sneakers to the United States and offer him exclusive distribution rights. Knight realized the need for Tigers after selling them out of the trunk of his car.
Phil Knight Age: How old is he?
Philip Hampson Knight age is 84 years , born on February 24, 1938. He is a millionaire businessman from the United States.
He is the co-founder and chairman emeritus of Nike, Inc., as well as the company’s former chairman and CEO.
Phil Knight Wife: Penny Knight
Phil Knight has been married to Penelope Parks since 1968 and has no divorce records. Travis, Christina, and Matthew Knight are their three children.
Matthew died in a scuba diving accident in 2004. Travis is an animated actor. Christina Knight, his daughter, is a mystery.