Bill Bowerman Net Worth
Bill Bowerman net worth: Bill Bowerman was an American track and field coach and entrepreneur who had a net worth of $400 million. Bill Bowerman was born in Portland, Oregon in February 1911 and passed away in December 1999. Bowerman was a co-founder of Nike, Inc. He trained many successful athletes including 31 Olympic athletes, 12 American record holders, 51 All-Americans, 22 NCAA champions, 16 runners who broke the four minute mile mark. Bowerman coached at the University of Oregon for 24 years and led the team to a winning record in 23 of those years. The team made won four NCAA titles under Bowerman and also finished in the top 10 of the nation 16 times. He served in the United States Army and received a Silver Star and four Bronze Stars. He first made a pair of Nike shoes for Olympic gold medalist Otis Davis although some say they were made first for Phil Knight. Bowerman and Knight agreed to start an athletic footwear distribution company called Blue Ribbon Sports in 1964 before it was known as Nike, Inc. Bowerman has been inducted into many Hall of Fames including the National Distance Running HOF, the USA National Track and Field HOF, and the Oregon Sports HOF. Bill Bowerman passed away on December 24, 1999 at 88 years old.
Bill Bowerman's Wealth
The day Nike went public in December 1980, Bill owned roughly 26 million shares of the company. By the end of the first trading day, those shares were worth $9 million. On the day of his death in 1999, Bowerman's stake was worth $390 million. If Bill was still alive today, his 26 million shares would be worth $2.5 billion.