Yvon Chouinard

Yvon Chouinard, who started Patagonia 50 years ago, is giving it away in a bid to give impetus to fight against climate change. Patagonia, the outdoor gear brand, is worth $3 billion.

Patagonia: "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.

The founder of outdoor retailer Patagonia, known for his environmental stances, announced Wednesday he has given away his company in an effort to do even more for the planet.

The founder of outdoor retailer Patagonia announced that he has given away his company in an effort to fight climate change.

Yvon Chouinard, who started Patagonia 50 years ago, is giving it away in a bid to give impetus to fight against climate change. Patagonia, the outdoor gear brand, is worth $3 billion.

Patagonia: "Earth is now our only shareholder," Mr Chouinard wrote in an open letter posted to Patagonia's website.

The founder of outdoor retailer Patagonia, known for his environmental stances, announced Wednesday he has given away his company in an effort to do even more for the planet.

The founder of outdoor retailer Patagonia announced that he has given away his company in an effort to fight climate change.