Patagonia Founder's $3 Billion Virtue Signal is Actually a Massive Multi-million Tax Dogging Scheme

2 years ago
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Read More: https://www.bloomberg.com/news/articles/2022-09-15/patagonia-billionaire-who-gave-up-company-skirts-700-million-tax-hit

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Bloomberg writes, Yvon Chouinard described his decision to give away Patagonia as his last-ditch effort to protect the planet. The deal also offers the billionaire other benefits, letting him and his family keep control of Patagonia and avoiding large tax bills.

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