Earth is our only shareholder: Patagonia founder gives his company away
The Dive | Business News · Equity Mates Media
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Show Notes
Most people are familiar with the clothing brand Patagonia. The outdoor clothing company was founded in 1973 in California and has expanded to hundreds of stores across tens of countries. Last week, headlines were made around the world, after the founder, Yvon Chouinard, announced he was giving away the company.
That’s right. He didn’t sell it, he didn’t list it on the share market, he just gave it away and pledged its profits to help fight climate change. In a world of billionaires fighting for that extra zero, building bigger boats or going to space, this was a refreshing. Today Darcy and Sascha discuss... what's the story behind Yvon Chouinard? And what happens next for Patagonia?
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