Well being one of the british members doesnt make me any more of an authority than anyone else but i think Mr Shults 'knighthood' is not the same thing as an actual knighthood and its use is highly dubious.

From the website of the UK monarchy comes this little snippet:
"Today, as the 'fountain of honour' in the United Kingdom, the Sovereign has the sole right of conferring all titles of honour, including life peerages, knighthoods and gallantry awards."
By his own admission his did not come from the queen so id say his is not the same thing as say Sir Tim Berners-Lees knighthood