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Patagonia Founder Gives Away Entire Company To Fight Climate Change

Summary by Ground News
Yvon Chouinard, the billionaire founder of the outdoor apparel brand Patagonia, said on Wednesday he is giving away the company to a trust. The company will use its profit to fight the climate crisis, he wrote in an open letter on the company's website. Chouinard, who has a net worth of $1.2 billion, is transferring his family's ownership of the company.
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