Who Got Rich This Week: Nike’s Phil Knight Scores $254 Million After Tiger Woods Wins The Masters [Forbes]
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Source: Forbes
Who Got Rich This Week: Nike’s Phil Knight Scores $254 Million After Tiger Woods Wins The Masters Nike has stood by Tiger Woods Woods’ victory at the Masters was also lucrative for Nike founder Phil Knight As for Woods, his prize is a mere $2.07 million, a drop in the bucket compared to his estimated net worth of $800 million $1.5 billion in lifetime earnings Minutes after Woods’ Masters victory — his first in 14 years — Nike released a celebratory ad that highlighted his career and ended with a clip of a young Woods saying he would beat Jack Nicklaus. Woods is only one Masters win away from beating The Golden Bear’s record. "It's crazy to think a 43-year-old who has experienced every high and every low and has just won his 15th major is chasing the same dream as a 3-year-old," the Nike spot said. Nike’s stock has been swayed by its star clients before. In February, Nike’s market value fell $1.1 billion after Duke basketball phenom Zion Williamson broke his Nike sneaker less than one
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