#trusts-and-nonprofits

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fromFortune
12 hours ago

Patagonia founder lived on $1 a day and cat food before making it-when he hit billionaire status, he was so angry he gave away his $3 billion company | Fortune

Yvon Chouinard refused billionaire status and transferred Patagonia ownership to trusts and a nonprofit to prevent personal wealth accumulation and protect company purpose.
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