Phil Knight and his family are worth an estimated $25.3 billion, down $5.09 billion in 2026, according to Bloomberg estimates, placing the Nike founder 99th on the Bloomberg Billionaires Index and just $0.1 billion above the threshold for leaving the world’s 100 richest people. Nike shares closed at $38.59 on Wednesday, with the newer report describing that price as a 12-year low and 78.55% below the 2021 peak. Earlier data showed the stock down 37.6% year-to-date and more than 50% over 52 weeks, with shares at their lowest levels since 2017. Nike is on pace for its worst calendar year since 1993, when Michael Jordan first retired, while a monthly RSI reading of 28.64 indicated deeply oversold conditions. Knight and his family own an estimated one-fifth of Nike, tying their fortune closely to the company’s turnaround, which analysts say is taking longer than expected.