Nike founder donates $ 400 million to university

- Phil Knights, to support the co-founder of the American sporting goods giant Nike, quite drew the pouch with a donation of $ 400 million to Stanford University.

With its generous contribution will help Knights along with other former students of the university to raise education to a higher level, reports the Belgian newspaper De Tijd.

In total, Stanford University will be provided with $ 750 million, which students receive an extra helping hand to hold new top jobs in the future.

Knights can easily afford lost his donation. The price Nike has risen sharply in recent years so there are plans to split the shares.