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2024-04-02 10:22:01

Phil Knight

American billionaire co-founder of Nike
American billionaire co-founder of Nike
Philip Hampson Knight, born on February 24, 1938, is the co-founder of Nike, Inc. Forbes estimated his net worth at $45.0 billion in December 2023. Knight is also known for his philanthropy, having donated hundreds of millions of dollars to his alma maters and over $2 billion to various institutions.
1938-02-24
Phil Knight born
Phil Knight, born on February 24, 1938 in Portland, Oregon, was an American businessman who co-founded Nike, Inc. and played a significant role in making it one of the most successful companies in the world.
1957-11-18
Life changing Meeting
A significant meeting that had a profound impact on Phil Knight's life occurred on November 18, 1957.
1959-01-01
Meeting with Bill Bowerman
In 1959, he meets his future partner Bill Bowerman, who was the coach of the Oregon University Track team.
1960-11-18
Degree in Journalism
On November 18, 1960, he receives a degree in journalism.
1962-01-01
Enrollment in Stanford Graduate School of Business
After serving 1 year of active duty in the Army and 7 years in the Army Reserve, Phil Knight enrolled in Stanford Graduate School of Business in 1962.
1962-11-18
Enrollment in the Army
He enrolls in the army for one year.
1963
Founding of Nike by Philip H. Knight
In 1963, Philip H. Knight started selling track shoes from the trunk of his car, which eventually led to the founding of Nike.
1964-01-25
Founding of Blue Ribbon Sports
On January 25, 1964, Phil Knight and Bill Bowerman founded Blue Ribbon Sports, which later evolved into the billion-dollar business known as Nike. The company started by reselling sneakers from Japan and grew to become a major player in the sports and lifestyle industry.
1964-11-18
Graduation with Masters of Business Administration
He graduated with a Masters of Business Administration.
1968-08-18
Becomes CEO of Blue Ribbon Sports
He becomes CEO of Blue Ribbon Sports.
1968-09-13
Marriage of Philip Knight
On September 13, 1968, Philip Knight married Penelope Parks. They had two sons, Matthew and Travis, and a foster daughter.
1969
Phil Knight sells $1 million worth of Tiger shoes
In 1969, Phil Knight successfully sold $1 million worth of Tiger shoes, showcasing his early success in the footwear industry.
1977
Foundation of Athletics West
In 1977, Phil Knight, along with Bill Bowerman and Geoff Hollister, founded an American running team called Athletics West. This initiative was part of Knight's involvement in the sports and athletic industry.
1978
Nike signs John McEnroe for endorsement deal
In 1978, Nike signed tennis star John McEnroe to an endorsement deal. This strategic move reflected Phil Knight's vision that great athletes were the ultimate free spirits.
1980-11-18
Phil Knight becomes CEO of Nike
Phil Knight became the CEO of Nike on November 18, 1980.
1982
Philip Knight named Oregon Businessman of the Year
In 1982, Philip Knight was named Oregon Businessman of the Year. This recognition highlighted his success in the business world.
1986
Financing Neil Goldschmidt's Campaign
In 1986, Phil Knight financed Neil Goldschmidt's successful campaign. This event showcases Knight's involvement in supporting political campaigns.
1988
Phil Knight's net worth reaches $400 million
By 1988, Phil Knight, the co-founder of Nike, had amassed a personal fortune estimated at $400 million. His entrepreneurial success and leadership had significantly contributed to Nike's growth and prominence in the market.
1989
Golden Plate Award
In 1989, Phil Knight received the Golden Plate Award of the American Academy of Achievement for his contributions to business, corporate, and philanthropic leadership.
1990
Nike's Rapid Growth Under Phil Knight's Leadership
By 1990, Nike had surpassed its competitors and under the leadership of Phil Knight, it became one of the largest companies globally. The company's success was attributed to its focus on cutting-edge design, celebrity endorsements, and streetwear appeal.
1992
Nike Endorsement Controversy at 1992 Olympic Games
During the 1992 Olympic Games, Michael Jordan and other NBA players with Nike endorsements refused to appear on television with the insignia of their official Reebok sweat suits showing. Phil Knight, the co-founder of Nike, faced strained relationships with some athletes due to his handling of the situation.
1994
Publication of Just Do It: The Nike Spirit in the Corporate World
The book 'Just Do It: The Nike Spirit in the Corporate World' by Donald R. Katz was published in New York in 1994.
1997
Recognition by Business Weekly
In 1997, Philip H. Knight received recognition from Business Weekly.
2000-04-04
Student sit-in at Johnson Hall
In April 2000, students at the University of Oregon began a sit-in at Johnson Hall, the UO's administrative center, as part of an anti-sweatshop and fair labor practices campaign.
2000-11-18
Phil Knight inducted into Oregon Sports Hall of Fame
On November 18, 2000, Phil Knight was honored with induction into the Oregon Sports Hall of Fame for his significant contributions to sports in Oregon.
2001-02-16
Reinstatement of donation to University of Oregon
Following the dissolved relationship between the university and the WRC, Phil Knight reinstated a donation of over US$50 million to the University of Oregon on February 16, 2001.
2004-11-18
Phil Knight Resigns as CEO
On November 18, 2004, Phil Knight stepped down as CEO of Nike and transferred the position to William Perez, the former CEO of S.C. Johnson & Son.
2006
Mark Parker Becomes CEO of Nike
In 2006, Mark Parker took over as the CEO of Nike after William Perez, who succeeded Phil Knight, was replaced.
2007-08
Donation to establish UO Athletics Legacy Fund
In August 2007, Phil Knight announced a donation of US$100 million to found the UO Athletics Legacy Fund to support all athletic programs at the University of Oregon. This philanthropic gift was the largest in the university's history at that time.
2008-10
Pledge to OHSU Cancer Institute
In October 2008, Phil Knight and his wife pledged US$100 million to the OHSU Cancer Institute, resulting in the largest gift in the history of Oregon Health & Science University.
2009
Rebranding of Will Vinton Studios to Laika
Phil Knight rebranded Will Vinton Studios to Laika after assuming control of the company. He invested $180 million into Laika, and the studio released its first feature film, Coraline, in stop motion in 2009, which was a financial success.
2010-10
Donation to Catlin Gabel School
In October 2010, Phil Knight donated several million dollars to the Catlin Gabel School to establish a scholarship for incoming freshmen students.
2011-01-01
Ranked 22nd Richest American
On January 1, 2011, Phil Knight was ranked as the 22nd richest American, reflecting his significant wealth and success.
2012-02-24
Induction into Naismith Memorial Basketball Hall of Fame
On February 24, 2012, Phil Knight was announced as a 2012 inductee of the Naismith Memorial Basketball Hall of Fame for his significant financial support of U.S. basketball and players.
2012-05-18
Contribution to Higher Education PAC
On May 18, 2012, Phil Knight contributed US$65,000 to a higher education Political Action Committee (PAC) formed by Columbia Sportswear CEO Tim Boyle to increase the autonomy of schools in the Oregon University System.
2013-09-27
Donation Announcement at OHSU Knight Cancer Institute
On September 27, 2013, Phil Knight announced his intention to donate US$500 million for research at the OHSU Knight Cancer Institute, challenging OHSU to match it over the subsequent two years.
2014
Donation to John Kitzhaber's Re-election Campaign
In 2014, Phil Knight donated $250,000 to the re-election campaign of Democrat John Kitzhaber. This highlights Knight's financial support for political candidates.
2015-06-25
OHSU Donation Goal Met
On June 25, 2015, OHSU met the $500 million donation goal set by Phil Knight, who then announced an additional $500 million donation, bringing the total raised to $1 billion.
2016-04-26
Release of Shoe Dog memoir
Phil Knight's memoir, Shoe Dog, was released on April 26, 2016. It details the building of the Nike brand and his journey from importing Japanese shoes to facing a federal investigation.
2018
Donation to Knute Buehler's Campaign
During the 2018 Oregon gubernatorial election, Phil Knight donated $3.5 million to Republican Knute Buehler's campaign. This significant contribution reflects Knight's political involvement.
2020
Mount Rushmore Poll
In 2020, Phil Knight was one of the final choices in a university poll to select four UO alumni for a notional Mount Rushmore, recognizing his significant impact on the university.
2021
Phil Knight's $105 million donation to Stanford Graduate School of Business
In 2021, Phil Knight made a generous donation of $105 million to Stanford Graduate School of Business, contributing to the advancement of education and research in the field.
2022-10-06
Donation to Christine Drazan's Campaign
On October 6, 2022, Phil Knight wrote a $1 million check to back Republican Christine Drazan in the Oregon gubernatorial election. This action demonstrates Knight's shifting support towards different candidates.
2023-04
Contribution to Conservative PAC
In April 2023, Phil Knight contributed $2 million to a conservative PAC. This financial support showcases Knight's ongoing involvement in political activities.
2024-03-05
Michael Bloomberg tops the Chronicle of Philanthropy's list of America’s biggest donors in 2023
On March 5, 2024, it was reported that Michael Bloomberg ranked at the top of the Chronicle of Philanthropy's list of America’s biggest donors in 2023.
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Phil Knight

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Phil Knight

American billionaire co-founder of Nike
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