“Hopefully this will influence a new form of capitalism that doesn’t end with a few rich and a bunch of poor. We will donate as much money as possible to people who are actively working to save this planet. »
— Yvon Chouinard, founder of outdoor apparel maker Patagonia, explaining his decision to transfer the family property, valued at around $3 billion, to a specialty trust and non-profit organization rather than sell or take it into Sotck exchange. Originally from Maine, the ex-mountaineer is 83 years old.
(Photo CNBC)
