The Wealthiest Billionaires In Portland
Portland, Oregon is not known for its billionaires. In general, Portland is quite a cultural and quirky place that does not focus too much on money. Granted, it is an American state and people love to accumulate wealth, but it is not New York city.
Whilst billionaires aren’t the first thing that you think about when Oregon comes to your mind. There are a select few residents that could make your eyes water when opening their wallets.
If you add the wealth of these three Oregon billionaires together, you will find that they own more than the lowest 50% of all state residents.
Below are the wealthiest men in the state:
Phil Knight – Worth in excess of $50 billion
Whilst you may not immediately recognize the name, you will certainly know the brand created by one of Oregon’s richest residents.
Phil Knight is a billionaire businessman and philanthropist from the Pacific Northwest region of the United States. He is the co-founder and former CEO of Nike, Inc., one of the world’s largest and most recognizable athletic footwear and apparel companies. Knight was born in Portland, Oregon in 1938, and he attended the University of Oregon, where he studied journalism and business.
In 1962, Knight and his former track coach, Bill Bowerman, founded Blue Ribbon Sports, which later became Nike, Inc. Under Knight’s leadership, Nike grew into one of the largest and most successful athletic companies in the world, with a strong reputation for innovation and creativity in product design.
Phil Knight is also known for his philanthropy and charitable giving. He and his wife, Penny Knight, have made substantial gifts to a variety of causes, including education, health, and the arts. They have been especially active in supporting organizations in the Pacific Northwest, such as the Oregon Health & Science University and the University of Oregon.
Knight’s children have also been active in philanthropy and have followed in their parent’s footsteps in supporting causes in their communities. For example, his son, Travis Knight, is a successful animation filmmaker and the CEO of Laika Entertainment, a Portland-based animation studio.
Overall, Phil Knight is a highly influential and respected figure in the Pacific Northwest and beyond, and his legacy in both the business and philanthropic worlds will continue to have a lasting impact for many years to come.
Travis Boersma – $4.5 billion
Known more for his iconic brand than by name, Travis is one of the Dutch Bros and still owns approximately 40% of the chain.
Dutch Bros. is a coffee chain based in Grants Pass, Oregon. Founded in 1992 by brothers Dane and Travis Boersma, it has since grown into a large chain of drive-thru coffee stands with locations in several states, including Oregon, California, Idaho, Nevada, Arizona, and Washington.
Dutch Bros. is known for its friendly customer service, fast service, and wide variety of specialty coffee drinks, including espresso, smoothies, and specialty drinks like their famous “Dutch Bros. Blue Rebel” energy drink. They are also known for their commitment to giving back to their communities, and they regularly donate to local charities and organizations.
The company has become a popular destination for coffee lovers and has built a strong following among its customers. Dutch Bros. has won multiple awards for its coffee and customer service, and it has been recognized as one of the fastest-growing private companies in the United States by Inc. magazine.
Overall, Dutch Bros. is a well-respected and beloved coffee chain that has become an important part of the Pacific Northwest’s coffee culture.
Timothy Boyle $2-3 billion
Timothy Boyle is a billionaire businessman and philanthropist from the Pacific Northwest region of the United States. He is the CEO and President of Columbia Sportswear Company, a global outerwear and footwear company based in Portland, Oregon. Boyle is known for his leadership of Columbia, which has grown into one of the largest and most successful outdoor apparel companies in the world under his guidance.
In addition to his success in the business world, Boyle is also known for his philanthropic work. He and his wife, Gert Boyle, have been active donors to a variety of causes, including education, health, and the arts. They have made substantial gifts to organizations such as Oregon Health & Science University and the Portland Art Museum, among others.
Overall, Timothy Boyle is widely regarded as one of the most successful and influential business leaders in the Pacific Northwest, and his philanthropy has helped to make a positive impact in the communities where he and his company have a presence.
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