Business

Yvon Chouinard, Billionaire Founder of Patagonia, Gives Away $3 Billion Company to Fight Climate Change

Chouinard and his family transferred all of Patagonia's nonvoting shares to a nonprofit dedicated to fighting against climate change and nature protection.

Yvon Chouinard, Billionaire Founder of Patagonia, Gives Away $3 Billion Company to Fight Climate Change

Yvon Chouinard, the founder of outdoor retailer Patagonia, has given away his company in an effort to do even more for the planet. Chouinard and his family transferred all of Patagonia's nonvoting shares to a nonprofit dedicated to fighting against climate change and nature protection.

(The above story first appeared on LatestLY on Sep 15, 2022 03:39 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).