When did Nike become a company?

It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971.

Is Nike a real company?

Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.

Who owns Nike?

Following his retirement, Knight still remained the biggest stakeholder in Nike and created Swoosh, a limited liability company that holds the majority of Knight's Nike shares as well as $13.9 billion worth of Nike stock. Swoosh has its own board of directors with five votes, and at the time, Knight held two of them.