35 million shares.
Net Worth Summary Knight and his family own about 230 million shares through holding company Swoosh, according to a July 2020 filing. Philip Knight owns a further 35 million shares in his own name, according to an October 2020 filing. His son Travis Knight has about 41 million shares through a trust and its subsidiary.
In this post
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.
Phil Knight
The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc. (BLK).
Does Phil Knight still own Nike?
He is the co-founder and chairman emeritus of Nike, Inc., and was previously chairman and CEO of the company. As of July 23, 2020, Knight was ranked by Forbes as the 24th richest person in the world, with an estimated net worth of US$54.5 billion.
| Phil Knight | |
|---|---|
| Parent(s) | William W. Knight Lota Hatfield Knight |
holds about 5.7% of the company stock. After doing some more digging, we found that the top 16 have the combined ownership of 50% in the company, suggesting that no single shareholder has significant control over the company.
How much is a stake in Nike?
Institutional investors purchased a net $5.3 million shares of NKE during the quarter ended May 2019.
Top 10 Owners of Nike Inc.
| Stockholder | BlackRock Fund Advisors |
|---|---|
| Stake | 4.78% |
| Shares owned | 60,683,399 |
| Total value ($) | 6,201,843,378 |
| Shares bought / sold | +544,670 |
Share Statistics
| Avg Vol (3 month) 3 | 7.19M |
|---|---|
| Shares Outstanding 5 | 1.26B |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 1.25B |
| % Held by Insiders 1 | 1.23% |
How did Phil Knight get so rich?
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. Today Nike’s revenues are nearly $45 billion.
Institutional investors represent the largest investor group, holding 81% of shares outstanding (2020: 86%). Private investors and undisclosed holdings account for 19% (2020: 11%).
What is Nike’s parent company?
The company was founded on January 25, 1964, as “Blue Ribbon Sports”, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory.
Nike, Inc.
| Formerly | Blue Ribbon Sports, Inc. (1964–1971) |
|---|---|
| Website | nike.com |
| Footnotes / references |
Who owns Nike Jordan?
Nike
Air Jordan
| The silhouette of Michael Jordan served as inspiration to create the “Jumpman” logo. | |
|---|---|
| Product type | Basketball Shoes, Clothing |
| Owner | Nike |
| Country | United States |
| Introduced | November 17, 1984 |
How much is the Nike logo worth?
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.
Who is richer Adidas or Nike?
The brand value of Nike has increased year-on-year since 2010 and reached around 42.5 billion U.S. dollars in 2021. In comparison, the adidas brand was valued at approximately 13.4 billion U.S. dollars in 2021 – increasing for the sixth consecutive year following two years of decline.
Is Nike a black owned company?
Most majorly popular sneaker brands are not Black-owned, juggernaut sneaker companies like Converse, Nike, Adidas, and New Balance attract millions of Black customers worldwide but have non-Black founders.
Who are the stakeholders of Nike?
Nike has the following stakeholders, arranged according to the firm’s prioritization:
- Customers (top priority)
- Communities.
- Employees.
- Governments.
- Interest Groups.
How much does Nike cost to buy?
Nike Inc (NKE) is a leading footwear & accessories business based in the US. It opened the day at $114.39 after a previous close of $114.10. During the day the price has varied from a low of $113.77 to a high of $116.13.
Nike shares at a glance.
| Open | $114.39 |
|---|---|
| Volume more info button | 4,178,185 |
Who owns Nike shoes?
Nike’s founder & family gain $6.5 billion in a day, hold more than $11 billion in cash. Phil Knight, the shoe king, and his family are the world’s 23rd richest with a net worth of $58.8 billion. The 83-year-old American billionaire is the co-founder of Nike, the world’s leading athletic shoes and sports apparel company
How much is a piece of Nike stock?
$116.32
$ 116.18
| Close | Chg | Chg % |
|---|---|---|
| $116.32 | 0.25 | 0.22% |
Adidas AG 2020 shares outstanding were 0.39B, a 1.24% decline from 2019. Adidas AG 2019 shares outstanding were 0.395B, a 2.2% decline from 2018.
Did Magic Johnson turn down Nike?
It’s also worth noting that at the time, no one, Magic included, had any idea how big Nike would become. While Magic turned down Nike, six-time NBA Champion and Charlotte Hornets owner Michael Jordan didn’t, and today his Jordan Brand is worth more than $10 billion, according to Forbes.
Who invented Nikes?
Phil Knight
It was founded in 1964 as Blue Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil Knight. They opened their first retail outlet in 1966 and launched the Nike brand shoe in 1972.