Phil Knight is 24th richest American

Phil Knight is 24th richest American

Forbes released its annual list of the top 400 richest Americans, led by Bill Gates for the 20th straight year.

Nike founder Phil Knight was 24th at $16.3 billion and Blazers owner Paul Allen 26th at $15.8 billion.

Net worth for America's wealthiest people have risen in the years since the financial crisis, widening the gap between the exceptionally well-to-do and the rest of the country.

Read more at KGW.