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Of a rare generosity

Yvon Chouinard, 83, says he is relieved and liberated to have donated his business to fight global warming. 

"Hopefully this will influence a new form of capitalism that doesn't end with a few rich people and a bunch of poor people," he said in an interview with the NY Times. "We're going to give the maximum amount of money to people who are actively working to save this planet."

"This family is quite exceptional when you consider that most billionaires give away only a tiny fraction of their net worth each year," said David Callahan, founder of the website Inside Philanthropy.

NY Times (EN)

"The Earth is now our only shareholder."

Mr. Chouinard's powerful and inspiring message can be found on the Patagonia website.

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