Knight rolled $350 million of Nike stock into a new trust as part of his estate plan.
Knight rolled $350 million of Nike stock into a new trust as part of his estate plan.
It’s the fifth such trust Knight has formed since January of last year. He created a similar $500 million trust earlier this year. Last year he created trusts valued at $400 million, $650 million and roughly $600 million.
Read more at Portland Business Journal
