Patagonia founder gives away company to help fight climate crisis

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Yvon Chouinard, Patagonia\u0027s founder, said he is giving away the company to a trust that will use its profit to fight the 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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이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

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귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

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, 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.
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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
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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.
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