Phil Knight Highest-Paid Business man in the World

By Carol Kearney
Washington
Last updated on April 17, 2025

Phil Knight led People With Money’s annual list of the “100 highest paid business men” released on Wednesday.

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It's been a rough year for the business man, but at least he has his millions of dollars to ease the pain. 87-year-old Phil Knight has taken the No. 1 spot on People With Money’s top 10 highest-paid business men for 2025 with an estimated $46 million in combined earnings.

UPDATE 17/04/2025 : This story seems to be false. (read more)

Phil Knight tops annual list of highest-paid business men

In 2022 it looked like the business man’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Wednesday (April 16) that Knight is the highest-paid business man in the world, pulling in an astonishing $46 million between March 2024 and March 2025, a nearly $20 million lead over his closest competition.

People With Money’s factors

In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.

The American business man has an estimated net worth of $145 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Knight Burger” chain) in Washington, a Football Team (the “Portland Angels”), has launched his own brand of Vodka (Pure Wonderknight - US), and is tackling the juniors market with a top-selling perfume (With Love from Phil) and a fashion line called “Phil Knight Seduction”.

The ranking is significant for many Phil fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.