Sketch of the Nike logo and the word 'nike' with handwritten notes on lettering and logo design

At Nike's IPO in 1980, Phil Knight gave Carolyn Davidson 500 shares. She never sold. Since the IPO, there have been 7 stock splits. So those 500 shares have become 64,000 shares. At the time of this writing, (oct 2024) Nike is at $82.25 a share. $82.25 a share x 64,000 shares = $5,264,000.