Topline
Billionaire Nike Co-Founder Phil Knight and his wife, Penny, on Thursday gifted the Oregon Health & Science University’s Knight Cancer Institute a record-setting $2 billion, marking the largest ever single donation to a U.S. educational institution.
Knight has an estimated net worth of $34.5 billion. (Photo by John E. Moore III/Getty Images)
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Key Facts
The $2 billion donation will accelerate diagnostics, give patients access to clinical trials conducted by Knight Cancer Institute researchers and bolster patient support that includes nutritional support, psychological and financial counseling and symptom management, according to a statement.
Knight, who has an estimated net worth of $35.4 billion, is known for making large donations to universities and academic institutions.
This is a developing story. Check back for updates.