Phil and Penny Knight are funding a new engineering college at the University of Oregon, the largest known gift to a U.S. public flagship university.

Nike cofounder Phil Knight just made the largest known donation to a public flagship university in the US. According to a New York Times report, Phil Knight and his wife Penny have donated a whopping ...

Phil Knight, co-founder of Nike, continues to drop in net worth and on Forbes' list of wealthiest U.S. billionaires. See how he ranked.