What percent of Nike does Phil Knight own?
In NIKE's case, its Top Key Executive, Philip Knight, is the largest shareholder, holding 17% of shares outstanding. Meanwhile, the second and third largest shareholders, hold 6.7% and 5.7%, of the shares outstanding, respectively.
Knight personally owns over 31.4 million Class A shares and over 3.3 million Class B shares in Nike, according to SEC filings in 2020. His son Travis Knight owns over 40 million shares.
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares.
Phil Knight, founder of shoe giant Nike, retired as chairman in June 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 what would become Nike, then called Blue Ribbon Sports.
The Swoosh is the logo of American sportswear designer and retailer Nike. Today, it has become one of the most recognizable brand logos in the world, and the most valuable, having a worth of $26 billion alone.
General Public Ownership
The general public holds a 12% stake in NIKE. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders.
| Avg Vol (3 month) 3 | 7.03M |
|---|---|
| Shares Outstanding 5 | 1.26B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 1.25B |
| % Held by Insiders 1 | 1.23% |
Definition of Nike
: the Greek goddess of victory.
Nike, Inc., formerly (1964–78) Blue Ribbon Sports, American sportswear company headquartered in Beaverton, Oregon.
Who is the sole owner of Nike?
Philip Hampson Knight (born February 24, 1938) is an American billionaire businessman.
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Bill Bowerman Net Worth.
| Net Worth: | $400 Million |
|---|---|
| Nationality: | United States of America |
The Blazers confirmed Knight made an offer but said the franchise is not up for sale. The team was last purchased in 1988 by Microsoft co-founder Paul Allen, who owned the organization until his death in 2018. Since then, the team has been owned by Paul's estate, which is overseen by his sister, Jody.
According to the show, Nike owner Phil Knight offered Magic $100,000 in Nike stock and a $1 royalty for every Magic shoe sold. During the episode, a graphic appears estimating that Johnson lost out on $5.2 billion.
