Who Are The Owners Of Nike
The Nike brand is one of the most popular and well-known in the world, and it’s no surprise that the company’s owners are just as well-known. Nike is a publicly traded company, with shares traded on the New York Stock Exchange (NYSE) under the ticker symbol NKE. As of this writing, Nike is worth just over $120 billion, making it one of the largest companies in the world.
The company is headquartered in Beaverton, Oregon, and it employs more than 74,000 people around the world. Nike’s biggest markets are the United States, China, and Japan. The company’s current CEO is Mark Parker, who has been with Nike since 1978.
Nike’s largest shareholders are the following:
1. The Nike Foundation – 5.53%
2. Berkshire Hathaway – 4.87%
3. Capital Research and Management – 4.42%
4. BlackRock – 4.37%
5. Vanguard – 3.96%
6. State Street – 3.73%
7. Fidelity – 3.11%
8. JPMorgan Chase – 2.78%
9. T. Rowe Price – 2.53%
10. Davis Selected Advisers – 2.49%
Page Contents
How much Nike does Phil Knight own?
In March of 2016, Forbes released their list of the richest people in the world. On that list was Phil Knight, the founder of Nike. His net worth was estimated at $24.4 billion. So how much of Nike does Knight actually own?
It’s difficult to say for certain, as Nike is a publicly traded company. Knight does, however, have a stake in the company that’s estimated to be around $10.3 billion. That means that Knight owns around 43% of Nike.
Interestingly, Nike was actually founded with just $1,200 in the bank. Knight and his partner, Bill Bowerman, were both track coaches at the University of Oregon and were looking for a way to make some extra money. They started making shoes in Knight’s parents’ garage and eventually grew the company into the behemoth it is today.
Knight has been very successful in his career, but he’s also had his share of controversy. In the early 2000s, Nike was accused of using child labor in their factories overseas. Knight was also criticized for his close relationship with former Egyptian president Hosni Mubarak.
Despite these controversies, Nike has remained a dominant force in the sports apparel industry. And with Phil Knight still at the helm, it’s likely to stay that way.
What nationality is the owner of Nike?
What nationality is the owner of Nike?
Nike, the largest and most well-known sportswear manufacturer in the world, is owned by a man named Phil Knight. Knight is an American businessman and the founder, chairman, and CEO of Nike, Inc.
Knight was born in Portland, Oregon, in 1938. He attended the University of Oregon, where he earned a degree in business. After college, Knight worked at a number of different jobs, including a salesman for the footwear company, Deacon, and a professor of accounting at the University of Oregon.
In 1971, Knight teamed up with his former track coach, Bill Bowerman, to start their own company. The company, which would later become Nike, Inc., was originally called Blue Ribbon Sports. The company’s first product was a running shoe called the “Waffle Trainer.”
Nike’s first big break came in 1978, when the company signed a contract to supply shoes to the United States Olympic team. The company’s products have been worn by many famous athletes over the years, including Michael Jordan, LeBron James, and Serena Williams.
Today, Nike is a multibillion-dollar company with more than 30,000 employees worldwide. Knight, who is now 78 years old, remains the chairman and CEO of Nike, Inc.
The majority shareholder of Nike, as of 2019, is Mark Parker. He has a 66% ownership stake in the company. Other major shareholders include the company’s co-founder Phil Knight (who has a 13% ownership stake) and the Nike Foundation (which has a 7% ownership stake).
How much of Nike is owned by shareholders?
As of March 2017, Nike Inc. (NYSE: NKE) is a publicly traded company with 806.5 million shares outstanding. Of those shares, 551.3 million are Class A shares and 255.2 million are Class B shares. The company has a market capitalization of $85.8 billion.
Public shareholders own approximately 67% of the company, while Nike founder Phil Knight and his family own approximately 31%.
Does Nike Own Michael Jordan?
There is no simple answer to the question of whether Nike owns Michael Jordan. The short answer is that Nike has a very large stake in Michael Jordan, and likely has a great deal of control over his image and brand. However, it is not clear that Nike has outright ownership of Jordan.
Michael Jordan is unquestionably one of the most successful and recognizable athletes in history. He was a dominant player in the NBA, and has since become a successful businessman and brand ambassador. Jordan’s association with Nike is legendary, and the company has profited enormously from his popularity.
Nike has a long history of partnering with top athletes to create lucrative sponsorship deals. In the early 1980s, the company signed a contract with Michael Jordan that was reportedly worth $2.5 million per year. This deal was a watershed moment for Nike, and helped cement the company’s position as the leading athletic apparel brand. Jordan’s association with Nike continued throughout his playing career, and the company has used his name and likeness to sell billions of dollars worth of merchandise.
However, it is not clear that Nike has outright ownership of Michael Jordan. In a 2013 interview, Jordan himself stated that he is not a Nike employee, and that he retains full control over his name and image. This statement is supported by the fact that Jordan has been able to license his name and image to other companies, such as Hanes.
Nike likely has a great deal of control over Jordan’s image and brand. The company has a history of using its athletes to sell products, and it is likely that Jordan has signed away some of his rights to Nike. However, it is doubtful that Nike has complete ownership of Jordan, and he is likely still able to make decisions about his own image and brand.
Is Nike Chinese owned?
Nike is an iconic American sports brand, but some of its products are made in China. So, is Nike Chinese-owned?
The short answer is no. While Nike does have some production facilities in China, the company is actually headquartered in Oregon, in the United States.
However, there is some Chinese ownership of Nike. The company’s original founder, Phil Knight, sold a small stake in Nike to a group of Chinese investors in 2005. But even then, Knight retained a majority share of the company.
So, while Nike is not Chinese-owned, it does have some ties to China. And given the company’s massive presence in the Chinese market, it’s likely to continue to grow those ties in the years ahead.
Is Nike owned by China?
Is Nike owned by China? This is a question that has been asked multiple times, with no definitive answer. The speculation began in earnest in the early 2000s, when Nike was struggling financially. At the time, many believed that the company was in trouble because it had lost favor in the U.S. market, and that it was now relying on sales in China to stay afloat.
However, Nike has always denied that it is owned by China. In a 2006 interview with The Economist, then-CEO Phil Knight stated, “We are not, and have never been, owned by the Chinese government.” Knight went on to say that Nike is not even partially owned by the Chinese government.
So if Nike is not owned by China, why is there so much speculation to the contrary? The answer likely has to do with Nike’s heavy reliance on Chinese factories to produce its products. For a long time, Nike was the largest buyer of Chinese-made goods in the world. And while the company has tried to move some of its production to other countries in recent years, China still remains a major source of Nike’s products.
This reliance on Chinese factories has led some to speculate that Nike is in some way beholden to the Chinese government. But there is no concrete evidence to support this claim. Nike has always insisted that its relationships with its Chinese suppliers are arms-length, and that it does not allow the Chinese government to interfere in its operations.
So is Nike owned by China? The answer is still unknown. But the speculation is likely to continue until Nike either confirms or denies the allegations.
