"Earth Is Now Our Only Shareholder": Owner Of $3 Billion Company Gives It Away

Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.

Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-voting shares have been transferred to a nonprofit dedicated to fighting against climate change and nature protection and conservation, according to AFP. "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.Yvon Chouinard, the billionaire founder of the outdoor retailer Patagonia on Wednesday announced that he has given the company away. The 83-year-old businessman's reason is indeed noble. Mr Chouinard did not sell the company or made it public, he transferred his $3 billion company to a specially designed trust and a non-profit organization. All of Patagonia's non-vo