Patagonia founder gives away company: ‘Earth is now our only shareholder’

Photo: Mount Fitz Roy, Patagonia. Photo credit: Stefanos Nikologianis via Flickr. CC BY 2.0. Article by Allyson Chiu. The Washington Post – updated September 14, 2022.

Patagonia founder Yvon Chouinard announced Wednesday that he is giving away the outdoor-apparel company — an unorthodox move intended to help combat climate change and the environmental crisis. In a letter shared to the company’s website, Chouinard wrote that ownership of the company, which was founded in 1973 and […]

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