Nike Co-Founder Phil Knight Will Give Most of His $25 Billion to Charity
Nike co-founder Phil Knight, who as amassed a net worth of around $25 billion, announced he will be giving away the majority of his fortune to charity, according to a CBS interview set to air on April 24, 2016.
Knight, 78, told interviewer Lee Cowan, "By the time, you know, the lives of my children and their kids run out, I will have given most of it to charity."
In February, Knight donated an astounding $400 million to Stanford University and has also donated generously to the University of Oregon, both of which are his alma maters.
In February, Knight donated an astounding $400 million to Stanford University and has also donated generously to the University of Oregon, both of which are his alma maters.
