, and we are just getting started,” he wrote. “If we have any hope of a thriving planet—much less a thriving business—50 years from now, it is going to take all of us doing what we can with the resources we have. This is another way we’ve found to do our part.”
The trust was created to protect the company’s core values and mission, according to Chouinard. It will be the governing body that approves critical company decisions moving forward. According to the, the company makes about $100 million in profit annually. In addition to the donation, the Chouinard family will pay almost $18 million in taxes on the gift as a part of the corporate restructuring.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Patagonia hands company over to Planet EarthThe founder of Patagonia has relinquished his company to Planet Earth. Tax avoidance strategy Money means nothing to planet earth. Patagonia can go f*ck itself.
Baca lebih lajut »
Patagonia founder gives away apparel company to save EarthYvon Chouinard, the billionaire founder of the outdoor apparel brand, says he is giving away the company to a trust that will use its profit to fight the climate crisis. Decent guy.
Baca lebih lajut »
Patagonia founder gives away entire $3B company to help combat climate changeThe founder of the California-based clothing company ‘Patagonia’ announced on Wednesday that he is giving the company away, ensuring that all profits are used to combat climate change. FOX13 Taiwan is pissed. They might have to lay off their first 9 year old. Great gear, amazing generosity.
Baca lebih lajut »
Patagonia owner donates $3 billion company to climate change activismThe founder of outdoor apparel and gear company Patagonia announced Wednesday that he is giving his company away after 50 years to groups that advocate climate change mitigation. patagonia What a waste patagonia 😂😂😂😂 patagonia Maybe he could feed the poor, but nah let’s throw money at the clouds
Baca lebih lajut »