Yvon Chouinard Gives Away Patagonia to Fight Climate Change
Patagonia, 259, West Santa Clara Street, Ventura, Ventura County, California, 93001, United States
Patagonia, Inc.
CONFIRMED90% CONFIDENCEPatagonia's own press release is datelined 'Ventura, Calif. -- Sept. 14, 2022' and states the ownership transfer is 'effective immediately'.[1]
Patagonia founder Yvon Chouinard and his family transferred all ownership of the outdoor-clothing company to the Patagonia Purpose Trust and the Holdfast Collective, directing an estimated $100 million a year in profit toward fighting climate change.
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