Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change

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As opposed to taking the company public or selling it, Mr. Chouinard and his family are transferring ownership of Patagonia to a trust and a nonprofit organization,

That guy Belongs in JAIL.

This pic made me wonder what it wouldve been like if my grizzled ww2 vet grandpa had believed cars changed the weather. lmaoooooo What a nerd.

A fool and his money soon part.

Way to avoid the estate tax

Seems a bit fishy...what's the catch? :)))

trying to understand upside down thinking that would make your walking away change the climate? Has he personally been destroying the planet? These people are beyond comprehension and proves virtue signaling is their pathway to godless immortality.

Wouldn't wear his crap if ot was given to me, too extreme of a person and organization, dangerous!

ok but fighting climate change is a bit like fighting gravity. it’s sad to see otherwise smart people so misinformed. the climate changes and you can’t stop it, only adapt

Haha smart people can do some really dumb shit sometimes...

This wouldn't happen to be one of those stories where it turns out the guy was molesting his employees the next day....now would it.......................

How do I go about claiming it?

Yvon Chouinard is a good human 🌎❤️

That is one of the saddest tweets we’ve ever read

Lol.

What a joke he can’t fight climate change. China, Russia and other counties don’t care. One man against countries. Keep smoking the Ganja🤣🤣

Holdfast Collective, the nonprofit organization, owns 98% of the company and all of the nonvoting stock, which doesn’t give it decision-making authority. The Patagonia Purpose Trust owns 2% of the company and all of the voting stock. Voting stock matters.

I read the wapo or nyt article (I forget which) and I was so impressed and grateful that I resolved to buy their products from now on; until I went to their website and remembered why I didn’t buy their stuff before. (Very pricey)

Lame

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Patagonia Founder Gifts Entire Company to Fight Climate ChangeThe founder of Patagonia is handing over his company, valued at $3 billion, over to trusts and non-profit organizations focused on fighting climate change. True leadership by example My chin dropped! What’s the catch?
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Patagonia Founder Gives Away Entire Company To Fight Climate ChangeAll future Patagonia profits that aren’t reinvested into the company will go toward combating climate change, the company said, stripping founder Yvon Chouinard of his billionaire status. 👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼 Great article. 写7谢谢7777777777777谢谢77
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