Oregon is home to a unique landscape of wealth that reflects its economic diversity. The state has become a notable wealth player, boasting a select group of individuals whose fortunes come from innovative industries such as technology, sportswear and coffee. But who is the richest person in Oregon and how did they make their money?

Oregon’s rich landscape features a notable presence of billionaires and millionaires, especially compared to other US states. The state’s economic environment supports a growing number of affluent people, particularly due to continued job creation and rising median household income.

Richest person in Oregon

We compiled this list based on various factors, including net worth, source of wealth, career achievements, and businesses. We have also collected data from reliable sources like Philomathe News And Oregon Live:

How many billionaires are there in Oregon?

Oregon has three billionaires. This includes prominent figures from various industries such as sportswear and coffee. Billionaires who live in Oregon are:

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1. Phil Knight and his family – $46 billion

• First and last name: Phil Knight
• Place of birth: Portland, Oregon, United States
• Net worth: 46 billion dollars
• Source of wealth: Sportswear, Nike, Inc.

Phil Knight was born on February 24, 1938. He is the co-founder of Nike, Inc. Originally named Blue Ribbon Sports, Knight started the company in 1964 alongside his former track and field coach, Bill Bowerman.

Knight’s journey began after earning a business diploma He graduated from the University of Oregon in 1959 and served a year in the U.S. Army. He then pursued an MBA at Stanford University and considered importing affordable Japanese sneakers to compete with German brands like Adidas.

Under Knight’s leadership as CEO until 2004, Nike became one of the largest and most recognizable brands in the world, achieving annual sales exceeding $32 billion in 2004. By 2024, Nike reported revenue of approximately $51.36 billion for the fiscal year ending May 31, 2024. As of 2024, Knight’s net worth is estimated to be over $43 billion.

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Phil Knight’s net worth is heavily tied to his shares in Nike. Knight remains a major shareholder, directly owning about 32 million shares and controlling a substantial portion of the company through trusts, including Swoosh LLC, which owns about $13.9 billion of Nike stock. So, Phil Knight comes from one of the richest families in Oregon.

2. Timothy Boyle – $2.3 billion

• First and last name: Timothy P. Boyle
• Place of birth: Portland, Oregon, United States
• Net worth: $2.3 billion
• Source of wealth: Sportswear, Columbia Sportswear

Timothy P. Boyle, born in 1949 in Portland, Oregon, is an American billionaire and chairman and CEO of Columbia Sportswear. As of October 2024, his net worth is approximately $2.3 billion, ranking him as the 1,522nd richest person in the world and 489th in the United States.

Boyle’s wealth comes primarily from his leadership at Columbia Sportswear, a company originally founded by his grandfather as the Columbia Hat Company. After the death of his father, Boyle took over the company, which has since become a major player in the outerwear sector.

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Under Boyle’s leadership, Columbia transitioned to mid-range products and embraced e-commerce, significantly increasing its market capitalization to $6.5 billion. He introduced innovative products like Gore-Tex parkas and the Bugaboo jacket, boosting the brand’s appeal and sales.

In addition to his business acumen, Boyle is known for his philanthropic efforts, including his substantial donations to the University of Oregon. In 2007, he contributed $5 million, followed by a $10 million donation for an aquatic animal care center in 2016. During the COVID-19 pandemic, he notably reduced his salary to $10,000 while ensuring that retail employees received their full salary and benefits.

3. Travis Boersma – $2.2 billion

• First and last name: Travis Boersma
• Place of birth: Grants Pass, Oregon, United States
• Net worth: $2.2 billion
• Source of wealth: Dutch Brothers Cafe

Travis Boersma, born January 1, 1992, in Grants Pass, Oregon, is the co-founder and executive chairman of Dutch Bros Coffee, a popular coffee chain known for its drive-thru and unique beverage offerings.

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Travis began his entrepreneurial journey in 1992 alongside his late brother, Dane Boersma. After leaving the family dairy business, Travis started with a stroller selling coffee. The duo created the first drive-thru location in 1994, which laid the foundation for a fast-growing franchise with more than 600 locations in 14 states by 2024.

Travis Boersma’s net worth is estimated at $2.2 billion. His wealth comes primarily from his substantial stake in Dutch Bros Coffee, which holds over 60 million shares. The company went public on the New York Stock Exchange in September 2021, significantly increasing its financial position.

Boersma earns an annual salary of approximately $1.5 million through his role at Dutch Bros. His success is attributed to his innovative approach to selling coffee and the distinctive culture he fostered within the company.

How many millionaires are there in Oregon?

Oregon doesn’t have many millionaires. However, people with millionaire status born in Oregon are:

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4. Matt Groening – $600 million

• First and last name: Matthew Abram Groening
• Place of birth: Portland, Oregon, United States
• Net worth: 600 billion dollars
• Source of wealth: Laïka, Nike Inc.

Matt Groening is an influential American animator, cartoonist and television producer, best known for creating the iconic animated film series The Simpsons. He was born on February 15, 1954 in Portland, Oregon. As of 2024, his estimated net worth is around $600 million.

Groening made his fortune primarily from The Simpsons, which debuted in December 1989 and became the longest-running primetime movie. television series in history. The show’s immense popularity has led to lucrative licensing deals, merchandise sales, and theme park attractions.

Matt co-created Futurama, furthering his success in the animation industry. Groening has won several Emmy Awards for his work, contributing to his financial success.

Although he was born in Portland, Oregon, Groening lives in Santa Monica, California, where he owns an extensive property including a mansion purchased for $11.65 million in 2011 and a neighboring home acquired for $11. 9 million dollars in 2019.

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5. Travis Knight – $133 million

• First and last name: Travis Knight
• Place of birth: Portland, Oregon, United States
• Net worth: $133 billion
• Source of wealth: Laïka, Nike Inc.

Travis Knight, born September 13, 1973 in Portland, Oregon, is the son of Phil Knight, co-founder of Nike, Inc. He is a prominent figure in the entertainment industry, serving as the CEO and Chairman of Laika, LLC . , an animation studio known for acclaimed films like Coraline and Kubo and the Two ropes.

Travis has contributed significantly to animated and live-action films, expanding his influence in Hollywood. Travis Knight’s estimated net worth is around $133 million. His wealth comes from his successful film career and his substantial stakes in Nike, where he serves on the board of directors.

Travis’s family’s connection to Nike is crucial to his financial situation; he is set to inherit a considerable fortune from the company. Despite his wealthy background, Travis has carved out a niche for himself in the film industry, showcasing his creative talents beyond his role as Phil Knight’s son.

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Last word

The richest person in Oregon is Phil Knight and Family. The Knights have an estimated net worth of $43 billion. Phil Knight is the co-founder of Nike, Inc. and his wealth mainly comes from his significant stake in the company. Other Oregon billionaires are Timothy Boyle ($2.2 billion) and Travis Boersma ($2.2 billion).

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