'Earth is now our only shareholder.'
and owner of outdoor apparel company Patagonia, as well as his spouse and two adult children have given away their ownership in the company. Chouinard founded the popular company in 1973 and now all profits from the company will go to to projects and organizations that are fighting climate change. According to“It’s been a half-century since we began our experiment in responsible business.
An avid rock climber, Chouinard began his work by making metal climbing spikes for himself and his friends. He eventually pivoted to outdoor and recreational clothing, creating the enormously successful brand. The company is a certified
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Why Patagonia's Billionaire Founder Gave Away His $3 Billion Company to Fight Climate Change: ‘Earth Is Now Our Only Shareholder'Yvon Chouinard, the billionaire founder of outdoor apparel maker Patagonia, is giving his $3 billion company away for a greater cause: fighting climate change.
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Patagonia Founder Gives Away $3 Billion Company to Fight Climate Change'I am dead serious about saving this planet.'
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Patagonia Founder Gives Away $3 Billion Company To Fight Climate Change“Earth is now our only shareholder,” Yvon Chouinard wrote in an open letter.
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Patagonia Founder Just Donated the Entire Company, Worth $3 Billion, to Fight Climate ChangeMoving forward, Patagonia’s profits that are not re-invested into the business will be donated to a group of nonprofit organizations fighting climate change.
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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.
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The founder of Patagonia is giving his company away to help fight climate changePatagonia founder Yvon Chouinard says he will give his company over to a trust, with future profits being donated to causes fighting climate change.
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