Earth now the only Shareholder | Cindy Davis |

By Cindy Davis on
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Patagonia has a new owner – Earth! Yvon Chouinard – the founder of the well-known outdoor retailer – announced on the company’s website that he and his family have given away Patagonia, which is worth around $3 billion, to a non-profit organization and specially developed trust to help combat climate change. All the company’s voting stock that was previously owned by his family has been transferred to the newly-formed Patagonia Purpose Trust. Read more on the amazing move HERE

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