[12][13][14][15][16][17][18][19] Ray worked in partnership with his younger brother, Jesse William "Will" Knight, and their father in his various business undertakings, including ranching, cattle buying[20][21] and mining.

[28][29] 1900, Ray Knight chosen as a delegate by Utah County Commissioners to attend the National livestock in Salt Lake City.

[33] In 1901, a year after returning from England, Ray and his brother Will were sent by their father to southern Alberta, Canada to survey the possibility of buying land to expand their ranching operations.

[35][36] Notably, Knight was closely involved in the establishment and settlement of Raymond, Alberta, a town named in his honor by his father.

1920, furnished rodeo stock to the Browning Stampede and place second in the day money for the calf roping event.

[49] 1921, Ray Knight was made president of the Knight Investment Corporation, replacing his father who officially retired, overseeing its many ranching and industrial concerns, including operating gold, silver and coal mines in Utah and Nevada, sheep ranches and woolen mills, wheat and sugar beet farms, grain elevators, sugar factories, railroad lines of the Utah Pacific Railway Company and cattle ranching operations in southern and northern Alberta, Utah, Texas, Kansas, Nebraska and Columbia, South American.