Yvon Chouinard
New York, September 17 (RHC)-- The billionaire founder of Patagonia has given the outdoor apparel company away to a specially designed trust and a nonprofit that will use all revenue to combat the climate crisis and protect the environment.
Yvon Chouinard founded Patagonia nearly 50 years ago. The company is valued at about $3 billion. In an interview with The New York Times, Chouinard said: “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.”
