Patagonia founder gives away company to help fight climate crisis

Instead of selling the company or taking it public, Chouinard, who became famous for alpine climbs in Yosemite National Park and has a net worth of $1.2 billion, is transferring his family’s ownership of the company to a trust and a non-profit organization.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.

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Good for them - ya pay tax to Govt to change weather - makes sense 🙄🙄🙄

After years of overcharging for tgeir products.

Sounds like a tax dodge

Just don't give the company to any govt. They will surely bankrupt it within an election cycle.

How exactly?

🤡

I’m sure he won’t go broke. Somehow money will get back to him or the Liberal party.

Good grief. Is there no end to this nonsense.

Is Trudeau giving up flying next?🙄

“Instead of extracting value from nature and transforming it into wealth for investors, we’ll use the wealth Patagonia creates to protect the source of all wealth.” Go woke, go broke.

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Patagonia founder gives away company to help fight climate crisisYvon Chouinard, Patagonia\u0027s founder, said he is giving away the company to a trust that will use its profit to fight the climate crisis.
Herkunft: ottawasuncom - 🏆 4. / 92 Weiterlesen »

Patagonia founder to give apparel company to trust, direct profits toward climate crisis fight | CBC NewsYvon Chouinard, the billionaire founder of outdoor apparel brand Patagonia said Wednesday that he's giving away the company to a trust that will use its profit to fight the climate crisis. Wow kinda dumb putting everything in one barrel. Hipster doofus wear ❗️❗️❗️😱
Herkunft: CBCAlerts - 🏆 37. / 63 Weiterlesen »

Patagonia founder gives away company to help fight climate crisisYvon Chouinard, the billionaire founder of the outdoor apparel brand Patagonia, said on Wednesday he is giving away the company to a trust that will use its… “Instead of extracting value from nature and transforming it into wealth for investors, we’ll use the wealth Patagonia creates to protect the source of all wealth.” Go woke, go broke.
Herkunft: OttawaCitizen - 🏆 21. / 68 Weiterlesen »

Patagonia founder gives away company to help fight climate crisisYvon Chouinard, the billionaire founder of the outdoor apparel brand Patagonia, said on Wednesday he is giving away the company to a trust that will use its profit to fight the climate crisis. So he/she retired period? LOL what crisis
Herkunft: CTVNews - 🏆 1. / 99 Weiterlesen »

Patagonia founder gives away company to help fight climate crisisYvon Chouinard, Patagonia\u0027s founder, said he is giving away the company to a trust that will use its profit to fight the climate crisis.
Herkunft: ottawasuncom - 🏆 4. / 92 Weiterlesen »