Nike Inc. co-founder and chairman emeritus Phil Knight has reportedly donated 12 million shares Nike shares, or practically $1 billion value, to an unnamed charitable group, based on reviews.
Knight, 80, and his spouse Penelope have been lively philanthropists through the years, donating tons of thousands and thousands to the University Oregon and Stanford University, the 2 colleges the place Knight went to varsity and graduate college. According to reviews, Knight’s newest donation — value $990 million when it was made Wednesday — represents about zero.7% the corporate’s excellent shares and three.1% his $32 billion fortune.
Earlier this 12 months it was introduced that Netflix has optioned the film rights to Nike founder Phil Knight’s autobiography “Shoe Dog.” According to Variety, Knight will produce with Frank Marshall, whereas Scott Alexander and Larry Karaszewski have reportedly signed on to put in writing the screenplay.
“Shoe Dog,” which was revealed in April, 2016, and stays on the New York Times Best Seller record, will take viewers by Knight’s journey, beginning together with his humble beginnings in Oregon to the launch Nike in 1963 and the corporate’s meteoric rise to the highest the athletic footwear and way of life area.