[58][59], University President Dave Frohnmayer subsequently signed a one-year contract with the WRC; Knight then withdrew a US$30 million commitment toward the Autzen Stadium expansion project and offered no further donations to the university. [57] In April 2000, student leaders began organizing an anti-sweatshop and fair labor practices campaign, and called for Dave Frohnmayer, president of the school, to support the Workers Rights Consortium (WRC). Penny Knight gets pregnant, and they move into a house in Beaverton, OR.

The two men agreed to a partnership by handshake on January 25, 1964, the birth date of Blue Ribbon Sports (BRS), the company that would later become Nike. He lives together in a house in Hillsboro, Oregon. Impressed by the quality and low cost of the shoes, Knight called Mr. Onitsuka, who agreed to meet with him. 1993.

What Happened to Wil Willis? The Hall recognized him as the driving force behind Nike's huge financial support of U.S. basketball and its players. Nike co-founder Phil Knight funneled 7,250,000 shares of Nike Class B stock, valued at $900.7 million, into an unnamed charity late last month, according to an SEC document filed yesterday. His father was a lawyer who took to newspaper publishing and his mother was a homemaker. These Are The 10 Best-Paid Television Stars In The World, Caught Smoking: These Are The 60 Most Shocking Celebrity Smokers, These 50 Celebrity Tattoos Went Horribly Wrong, Top 50 Most Shocking Pictures Ever Made of Celebrities Without Makeup, 30 Whopping Homes & Cars Of Celebrities That Will Amaze You, Top 55 of World’s Richest Actors – Current Net Worth, Top 50 Craziest Tattoos Of Celebrities in 2020, Top 15 Highest-Paid Soccer Players (Salary & Net worth), Sonal Chappelle: Get To Know The Adorable Daughter of Dave Chappelle, Scott Mackinlay Hahn: The Life of an Eco-Friendly Fashion Designer, Manuela Escobar and The Impact of Pablo Escobar on Her Life, Siohvaughn Funches Got Happy Again After A Nasty Divorce, Charlie Zelenoff: The Self-Proclaimed Greatest Of All Time (Spoiler: He’s Not), June Shannon & The Success Of Mama June In Reality TV, How Kirsten Storms Became A Successful Actress While Overcoming Illness And Severe Stress. The campus was named "The Knight Management Center," in honor of Knight's philanthropic service to the school. [30], In June 2015, Knight and Nike announced that he would step down as the company's chairman, with president and CEO Mark Parker to succeed him.

[38] As of 2016, according to Portland Business Journal, "Knight is the most generous philanthropist in Oregon history. Nike co-founder Phil Knight has given $942 million worth of Nike shares to charity. Because Phil Knight and Onitsuka are on very thin ice, he decides to sever ties and begin manufacturing his own shoes. The billion-dollar conglomerate was just an idea by co-founders Phil Knight and Bill Bowerman, Knight’s track coach at the University of Oregon. Phil Knight’s PK80 tournament, which was in honor of his 80th birthday, had 16 college basketball teams face off in a special Thanksgiving Invitational. And he was already a runner. [79], On February 24, 2012, Knight was announced as a 2012 inductee of the Naismith Memorial Basketball Hall of Fame, as a contributor. In late 2003, Knight appointed his son to the board and, after Vinton had stepped down— prior to leaving the company with a severance package —Knight rebranded the company Laika. Three new buildings will be constructed and will provide 750 family-wage jobs once it is completed and fully operational. Phil Knight has three children, two sons Matthew knight and Travis Knight, a daughter whose name is Christina Knight.

Knight was a runner in school, with his personal best being one mile in 4.10 minutes. [6] He next enrolled at Stanford Graduate School of Business,[6] where, for his small business class, Knight produced a paper, "Can Japanese Sports Shoes Do to German Sports Shoes What Japanese Cameras Did to German Cameras?," that essentially premised his eventual foray into selling running shoes. They met in 1968, in the early days of Nike’s founding, married the same year, and have been together since. Travis Knight [19], At Nike, Knight developed personal relationships with some of the world's most recognizable athletes, including Michael Jordan and Tiger Woods. By the end of that meeting, Knight landed a distribution deal, that allowed him to begin selling the shoes in U.S. Phil Knight and Penelope Parks got married on September 13, 1968, and just a year later, their first son, Matthew was born. In. “The only reason I would’ve played in that event was if Phil Knight told me, ‘You have to play in this event.’ And he did not say that,” said Calipari. Knight earned an MBA from the business school in 1962. His father … [15], Knight's first sales were made out of a now storied green Plymouth Valiant automobile at track meets across the Pacific Northwest. Currently he is CEO and President of Laika, Inc., a production company that his father started.

[53] The sports complex was named the Marcus Mariota Sports Performance Center and includes motion capture systems, neurocognitive assessment tools, 40-yard dash track, and steam machines made by Nike to help athletes break into their footwear more quickly. Nike has sponsored Hamza "The Truth" Day, all league linebacker from Wilson High School. Who Are Jenifer Lewis’ Family?

[14], Jeff Johnson, Nike's first employee, suggested calling the firm "Nike," named after the Greek winged goddess of victory,[16] and Blue Ribbon Sport was subsequently renamed Nike in 1971.

[84], Knight met his wife, Penelope "Penny" Parks, while he was working at Portland State University and the pair were married on September 13, 1968.

Hispanic Heritage Month: Top 10 Up-and-Coming Latin American Entertainers. With this latest donation, they’ve made charitable contributions totaling at least $3 billion. Knight also established endowed chairs across the campus. He met his wife at the university in which he was working as an accountant. At the time, the donation was the largest philanthropic gift in the history of the university. We use cookies to provide the best experience on our website. She agrees. The filing doesn't name the charity, except to say it's an organization for which Knight and wife Penny Knight serve as directors. https://www.wealthypersons.com/phil-knight-net-worth-2020-2021 He made his 23000 million dollar fortune with Co-founder and Chairman Nike, Inc.. A spokesman for Knight confirmed the donation was given to the Knight Foundation, which he and his wife, Penelope, established in 1997. Once again, sales are poised to double for Blue Ribbon, at $300,000 this year. Kate Brown wins re-election against GOP challenger Knute Buehler: NBC News", "Phil Knight recalls coping with death of son", "Breaking News: Henry Selick Leaves Laika", National Football Foundation Gold Medal winners, https://en.wikipedia.org/w/index.php?title=Phil_Knight&oldid=987151867, American chief executives of manufacturing companies, American chief executives of fashion industry companies, Cleveland High School (Portland, Oregon) alumni, Articles with dead external links from July 2018, Articles with permanently dead external links, All Wikipedia articles written in American English, Wikipedia articles with Trove identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, Deford, Frank. The logo was commissioned for $35, but when the company went public, Knight gave Davidson 500 shares of the company, as well as a diamond ring with the logo engraved on it. Sign up for a free trial here. According to one source, "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 eve… [22], Citing mismanagement, Knight eventually purchased Will Vinton Studios and assumed control of the company's board with the cooperation of Nike executives. He is a generous man and has contributed a staggering amount of money towards many charitable causes which support education and better standard of living all across the world. We try to stay on top of the latest celebrity news, and celebrities that get caught, Nobody is perfect. Goodwin served as the CEO of RBS Group.

The Matthew Knight Arena in Eugene, Oregon, is named after him.

Penny Knight: Phil Knight’s Wife and Partner. [20][21], Following mainstream success in the late 1990s, Will Vinton Studios animation company sought external investors due to rapid growth, including Knight, who assumed a 15 percent stake in the company, in 1998, and facilitated the employment of his son Travis– who had graduated from PSU following an unsuccessful attempt at a rap music career –as an animator. #celebrity #quote #celebrityquote #philknight #nike #entrepenuer #owner #celebbaby #parenting #travisknight #parenthood #kids #child #children #negotiations #kidsofig #parentingquotes #father #momsofinstagram #dadsofinstagram #kidsofinstagram #kidsstopress #simplifyingparenting, A post shared by Kidsstoppress (@kidsstoppress) on Nov 18, 2017 at 2:28am PST. Add them together, and you get the one of the world’s most successful sporting brands of all time: Nike! Their first sale came from Plymouth Valiant, who allowed the shoes to be sold at track meets. Philip Hampson “Phil” Knight is an American businessman, producer and philanthropist. Penny Knight is Nike founder Phil Knight’s first and only wife. Forever young. Phil wants to elevate their relationship beyond just teacher-student dating (which Portland State doesn’t approve of). In 2004, Matthew died from a heart attack while scuba diving in El Salvador. Travis is professionally an animator, film executive and former rapper. [54], In October 2016, Knight and his wife invested $500 million to build a new campus dedicated to science, called the Phil and Penny Knight Campus for Accelerating Scientific Impact. Phil feels it’s finally safe to pay himself a salary ($18,000 a year), and he quits Portland State to go full time at Blue Ribbon. The couple together has three children. He made his 23000 million dollar fortune with Co-founder and Chairman Nike, Inc.. Knight Children – Travis Knight, Matthew Knight and Christina Knight. In 1978, the company was officially called Nike, and the highly recognizable logo was made by a graphic design student named Carolyn Davidson. [10], As a middle-distance runner at UO, his personal best was 1 mile (1.6 km) in 4 minutes, 13 seconds,[11] and he won varsity letters for his track performances in 1957, 1958 and 1959. Travis Roy’s Girlfriend: Where Is Maija Langeland Now? What the New Philanthropy.com Means for You. He has three children, two sons Matthew Knight, Travis Knight, and a daughter whose name is Christina Knight. Phil Knight wife’s name is Penelope penny knight. It’s a good year for Phil. [3][4] He is also the owner of the stop motion film production company Laika. Your email address will not be published. On the Oprah television program in April 2011, Knight claimed he gave Davidson "A few hundred shares" when the company went public. As of 2015, Phil Knight has a net worth of 27.4 billion USD. [14], The first Tiger samples would take more than a year to be shipped to Knight; during that time he found a job as an accountant in Portland. Philip Hampson Knight (born February 24, 1938), is an American billionaire businessman. The man married Penny Knight in the year 1968. On April 4, 2000, students began a sit-in at Johnson Hall, the UO's administrative center.