Quick Answer: How Long Did It Take Nike To Make A Billion Dollar?

What brands does Nike own 2020?

In addition to the Nike and Jordan brands, our wholly-owned subsidiaries include Cole Haan (luxury shoes, handbags, accessories and coats); Converse (athletic and lifestyle footwear, apparel and accessories); Hurley (action sports and youth lifestyle footwear, apparel and accessories); Nike Golf, and Umbro (a leading ….

Who owns Nike now?

Phil Knight4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.

How much money did Nike make in its first year?

In 1964, the company that would become Nike Inc (NYSE: NKE) was basically co-founder Phil Knight driving around the Pacific Northwest selling running shoes imported from Japan out of the back of his car. The “company” made about $8,000 in revenue.

How much money was in the bank when Nike was founded?

It was decided that Nike would offer 20 million shares of Class A stock and 30 million shares of Class b. Of the 50 million shares, nearly 30 million would be held in reserve.

What is the highest Nike stock has ever been?

The latest closing stock price for NIKE as of December 02, 2020 is 135.58.The all-time high NIKE stock closing price was 135.58 on December 02, 2020.The NIKE 52-week high stock price is 136.50, which is 0.7% above the current share price.More items…

How much was Nike worth in 1980?

IPO Investment Nike’s stock was launched to the public markets in an initial public offering (IPO) on December 2, 1980. The IPO price was 18 cents. Adjusting for stock splits over the years this translates to 0.000004. In 1980 $1,000 would have bought 5,555 shares.