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phil knight

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Nike Co-Founder Phil Knight to Donate Most Of His $25 Billion to Charity

Nike co-founder Phil Knight, who as amassed a net worth of around $25 billion, announced he will be giving away the majority of his fortune to charity, according to a CBS interview set to air on April 24.

Knight, 78, told interviewer Lee Cowan, “By the time, you know, the lives of my children and their kids run out, I will have given most of it to charity.”