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Using that measure, Nike’s net worth as of May 31 was $15.28 billion. However, methods of determining the valuation of a company are wide and varied, each with its own merits and blind spots.
Michael Jordan’s Net Worth. ... Nike has paid Jordan an estimated $1.3 billion since 1984. ... Jordan and Vanoy were married for 17 years before they divorced in 2006.
Michael Jordan’s ties to Nike date back to 1984. For premium support please call: 800-290-4726 more ways to reach us
As of 2025, his net worth is estimated at $3.5 billion by Forbes, [29] making him the fourth-richest African-American, behind David Steward, Robert F. Smith, and Alex Karp, [365] and one of the richest celebrities. [366] Jordan co-owns an automotive group which bears his name.
Jordan had never worn or even seen a Nike shoe before the company contacted him. [31] Nike's initial offer was $250,000, his own shoe line, and a percentage of the revenues. [31] Jordan already had a standing offer from Adidas for $500,000, and Falk demanded that Nike match the figure in addition to the revenue percentage. [31] Nike came back ...
Philip Hampson Knight (born February 24, 1938) is an American billionaire businessman and philanthropist who is the co-founder and chairman emeritus of Nike, Inc., a global sports equipment and apparel company. He was previously its chairman and CEO. [1] As of January 2025, Forbes estimated his net worth at $33 billion.
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.