Billionaire No More: Patagonia Founder Gives Away the Company

[Primemuscle]

Yvon Chouinard, 83, and his family no longer own Patagonia, a $3 billion company. The company will continue to operate as a private for-profit corporation that sells over $1 billion in jackets, hats and ski pants each year.

A newly established entity, known as the Patagonia Purpose Trust will continue to run a socially responsible business and give away its profits, received 2% of the overall shares. Because it is a trust, the Chouinards will pay $17.5 million in taxes. They donated the other 98% was donated to a newly established nonprofit. The nonprofit, Holdfast Collectiveis a 501(c)(4). As such it is able make unlimited political contributions. The Chouinard family received no tax benefit for the donation.

Yvon and his wife live in two modest homes, one in Ventura, CA and the other in Jackson Wy. He drives an older Subaru and wears modestly inexpensive clothes.

[wes]

My heart bleeds for the pricks.

[Primemuscle]

My heart bleeds for the pricks.

No need to bleed. He apparently never wanted to be a billionaire. "I was in Forbes magazine listed as a billionaire, which really, really pissed me off" Yvon said. He, his wife and their two grown children are well known for their philanthropy. 

[Rambone]

He drives a Subaru. He must be a black man who loves camping so much he started an outdoor clothing company. Good for him

[ThisisOverload]

I watched a few documentaries about him.

Very successful mountain climber.

And totally batshit nuts.

[Hypertrophy]

Patagonia is a leftist twat company. Fuck em.

[IroNat]

No doubt they only eat Ben and Jerry's ice cream.

A billion ain't shit.

[ThisisOverload]

No doubt they only eat Ben and Jerry's ice cream.

A billion ain't shit.

He drives an old Subaru.

And travels on his own private jet.

Definitely saving the world.

He has that environmentalist image and talks the talk.

[The Scott]

Fuck the cuntlette. Here's to him getting eaten by a bear and then shat out and eaten by flies.

[IroNat]

Fuck the cuntlette. Here's to him getting eaten by a bear and then shat out and eaten by flies.

F*ck yeah, bro.

[IroNat]

He drives an old Subaru.

And travels on his own private jet.

Definitely saving the world.

He has that environmentalist image and talks the talk.

Awesome.

[The Scott]

F*ck yeah, bro.

Thanks, brother!  I am in a grumpy mood, LOL!

[Cook]

No need to bleed. He apparently never wanted to be a billionaire. "I was in Forbes magazine listed as a billionaire, which really, really pissed me off" Yvon said. He, his wife and their two grown children are well known for their philanthropy.

That pissed him off being called a billionaire??Well I’ve got a long list of shit that pisses me off and him being pissed off is on my list

[wes]

No need to bleed. He apparently never wanted to be a billionaire. "I was in Forbes magazine listed as a billionaire, which really, really pissed me off" Yvon said. He, his wife and their two grown children are well known for their philanthropy. 

If that`s the case I`ll email him and see if he`ll send me a few grand.

[The Scott]

That pissed him off being called a billionaire??Well I’ve got a long list of shit that pisses me off and him being pissed off is on my list

The Patagonia guy is virtue signaling the wacky world of woke that he is sooooo much better than other rich folk.  In the New Testament, the Nazarene spoke of faux "Holy Men" that said their prayers aloud in public, bobbing up and down and crying aloud to God how thankful they were that they weren't "sinners" like the common folk.

This fucktard is just a variation on that theme.  Jesus was, as usual, CORRECT-O-MUNDO then and now.

I hope it's a bear of non-color (i.e., whitey Polar Bear!) that gets that turdling.

[tommywishbone]

Patagonia. Cool place. I like their winter clothing.

Fuck the company. They refuse to accept cash during the scamdemic because “cash holds the virus.”

Verdict? Fuck ‘em.

[The Scott]

Patagonia. Cool place. I like their winter clothing.

Fuck the company. They refuse to accept cash during the scamdemic because “cash holds the virus.”

Verdict? Fuck ‘em.

Amen, brother.  A M E N!

[Gym-Rat]

Patagonia. Cool place. I like their winter clothing.

Fuck the company. They refuse to accept cash during the scamdemic because “cash holds the virus.”

Verdict? Fuck ‘em.

they sound like whacky libtardz...

[Humble Narcissist]

What an idiot.

[falco]

How human of them to donate all the profits to fight hunger in Africa.

[Henda]

No need to bleed. He apparently never wanted to be a billionaire. "I was in Forbes magazine listed as a billionaire, which really, really pissed me off" Yvon said. He, his wife and their two grown children are well known for their philanthropy. 

The poor bloke thst must have been a living hell. Would love to fucking strangle the cunt

[deadz]

Patagonia. Cool place. I like their winter clothing.

Fuck the company. They refuse to accept cash during the scamdemic because “cash holds the virus.”

Verdict? Fuck ‘em.

.

[Primemuscle]

He drives an old Subaru.

And travels on his own private jet.

Definitely saving the world.

He has that environmentalist image and talks the talk.

He does not own a private jet, but he has travelled in one.

FYI. Yvon Chouinard does not own a private plane much less a private jet. His friend, the late Doug Tompkins, co-founder of The North Face Inc., and Esprit Clothing Company, owned the private plane that Chouinard flew in to survey the land he had purchased.

[ThisisOverload]

He does not own a private jet, but he has travelled in one.

FYI. Yvon Chouinard does not own a private plane much less a private jet. His friend, the late Doug Tompkins, co-founder of The North Face Inc., and Esprit Clothing Company, owned the private plane that Chouinard flew in to survey the land he had purchased.

He used one for a very long time.

You have no idea what you are talking about.

Just doing internet searches.

[Primemuscle]

Only on Getbig can a successful businessman who is also a well-known selfless philanthropist give away his hard and honestly earned fortune to what he believes is a good cause and be ridiculed for doing so. If instead he bought Mar-a-Lago and turned it into a private exclusive club 'only for the filthy rich' or built a New York skyrise like Trump towers wherein he gaudily decorated his $100 million penthouse in gold-leaf for his personal use, he'd be lauded on Getbig for his extravagant, conspicuous consumption and selfishness.

Trump Towers penthouse


Room in Mar-a-Lago


Patagonia headquarters in Ventura, Ca


Yvon Chouinard's at home in Jackson Hole, Wy