Tuesday, October 1, 2024

NKE stock | Knight’s family

 Nike, Inc. (NKE) is an iconic company that makes money by designing, promoting, and selling footwear and apparel. They sell both through third-party retailers and also directly. Let’s now look at who owns Nike and who controls it.

Nike’s largest shareholders are mainly members of Knight’s family, represented by Nike’s co-founder Philip Knight and his son Travis Knight, who own 22% of the company shares. Other large shareholders that own Nike are asset managers Vanguard (7.1%) and BlackRock (5.5%).

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