Is Phil Knight the Richest Figure in Fashion and Retail as of September 2023?

Is Phil Knight the Richest Figure in Fashion and Retail as of September 2023?

As we delve into September 2023, Phil Knight stands out prominently in the fashion and retail industry, especially in terms of wealth. Notably, as of September 26, 2023, the founder and the largest shareholder of Nike boasts a net worth of $37.4 billion, cementing his position as the 32nd richest person on the planet.

Phil Knight is not just a name; he’s a brand, an icon in the fashion and retail sectors. His impact on the industry is monumental, and this September, we’re taking a closer look at how he amassed his enormous fortune.

Summary of Phil Knight Net Worth

September 26, 2023Net worth: $37.4 billionPhil Knight is the 32nd richest person in the world.
April 2023Net worth: $47.7 billionPhil Knight was ranked as the 24th richest person in the world.
May 12, 2023Net worth: $46.6 billionPhil Knight was ranked as the 25th richest person in the world.

Phil Knight’s Background and Achievements

Born in Portland, Oregon, in 1938, Phil Knight embarked on a journey that saw him partnering with Bill Bowerman and laying the foundation for what would become Nike, the world’s leading athletic shoe and sportswear brand. Operating from Beaverton, Oregon, Nike had an astounding revenue of $46.7 billion up to May 2022 and oversees more than 1,100 stores worldwide. Their brand portfolio is also impressive, housing names like Converse and Jordan.

Phil Knight’s Net Worth as of April 2023

By April 2023, Forbes magazine acknowledged Phil Knight’s escalating wealth, ranking him the 24th richest globally with an estimated “phil knight net worth” of $47.7 billion.

Additional Net Worth Rankings

Phil Knight’s financial standing slightly shifted by May 12, 2023. He was then positioned as the 25th wealthiest individual globally with a net worth touching $46.6 billion.

A Look at Phil Knight’s Family Wealth

Phil’s staggering net worth is not solely his; it envelops his family’s wealth too. His spouse, Penny Knight, holds the billionaire title as well. Their four offspring also actively partake in the Nike empire, further consolidating the family’s affluence.

Fun Facts About Phil Knight

Here’s something quirky: Phil Knight’s initiation into sneaker sales began with a green Plymouth Valiant! Additionally, he’s an ardent supporter of the Oregon Ducks and the Portland Trail Blazers.


Reflecting on the “phil knight net worth” and his ascendancy in the fashion and retail domain, it’s evident that his commitment and innovations have been pivotal. With a staggering net worth of $37.4 billion, Phil Knight continues to inspire and influence countless individuals globally.


1. Who is Phil Knight?
Phil Knight is the founder and largest shareholder of Nike, a prominent figure in the fashion and retail industry.

2. How much is Phil Knight worth as of September 2023?
As of September 26, 2023, Phil Knight’s net worth is estimated at $37.4 billion.

3. Where is Nike headquartered?
Nike operates from its base in Beaverton, Oregon.

4. Is Phil Knight’s family involved in the Nike business?
Yes, Phil’s wife, Penny Knight, is a billionaire, and their four children are actively engaged in the Nike enterprise.