Mark Parker Net Worth 2021: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships

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Mark Parker net worth is
$250 Million

Mark Parker Wiki Biography

Mark Parker was born on the 21st October 1955, in Poughkeepsie, New York State USA. He is best recognized to the human being for being the Chief Executive Officer (CEO) of Nike, Inc. He has been energetic given that 1979.

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Have you ever before wondered just how affluent Mark Parker is? According to sources, it is approximated that Parker’s net worth is $250 million, an amount earned via his successful career at Nike, as his yearly salary is approximated to more than $6 million.

Mark Parker Net Worth $250 Million

Mark Parker was elevated in Poughkeepsie, his hometown. He attended the Penn State University, and also acquired a degree in Political Science in 1977. While his examining, he was incredibly interested in sporting activities. In addition to this, he participated in a number of assorted competitions as an athlete of the Penn State track team.

Mark`s career began in 1979, when he ended up being a footwear designer for Nike in the Research and also Advancement facility based in Exeter, New Hampshire. In the complying with years, Mark started gradually to climb his way up the ladder in the firm, and through more duty his paycheck was coming to be bigger, and also so was his net worth. In 1987, he became the Vice President in charge of advancement, and stayed on in that place for two years, once in 1989 he was appointed as Corpoprice Vice President, and also in 1993, Mark ended up being General Manager. However, through the beginning of the 2000`s his role at Nike became bigger, and in 2001, Mark was promoted to a position of co-president via Charlie Denchild. With the retirement of Nike co-founder Phil Knight in 2004, an outsider was contracted as CEO, yet the company foundered rather, and also in 2006, Parker ended up being the 3rd chief executive officer of Nike, which enhanced his net worth by a large margin.

Although he is a CEO of Nike Inc. Parker is still affiliated in the company`s deindications, latest one being the HTM project, on which he functioned through Tinker Hatfield and also Hiroshi Fujiwara.

While serving as the company`s CEO, Mark has actually devoted himself to encertain that Nike remain environmentally conscious, and as an outcome, the agency introduced its architecture project “Environment-friendly Shoe”.

To speak further of his net worth, in 2013 alone, Mark earned a full of $15 million, although as through many kind of CEOs his salary is partially in shares, therefore encouraging regular performance in the company, and also Parker owns about 3 million of the company`s shares, which is equal to $228 million, making it the primary resource of his net worth.

In June this year, it was announced that Mark would certainly succeed Phil Knight as company`s chairman, beginning in 2016, which will better rise his net worth.

Thanks to his effective service career, Parker was named as a Business Human of the Year for 2015 by the magazine Fortune.

Additionally to his work as a designer in Nike Company, Parker is likewise keen on modern-day art, of which he is a passionate supporter and also collector. His remarkable collections encompass not only famous artists such as Adonna Khare, Tim Biskup, Eric White, but rare movie ephemera, such as original models from Mars Attacks! (1996), Back to the Future (1989), and also Batmale (1989). Thanks to this, in 2012, he has actually showed up on the webwebsite referred to as “So Bad So Good” in display “The Unactual Artoccupational Inside the Office of Nike CEO Mark Parker”.

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Regarding his individual life, Mark Parker is married to Kathy, and also they have 3 children.