The 83 -year -old billionaire donated the company, and the annual profit of 100 million U.S. dollars was used for environmental protection

Author:Pole news Time:2022.09.16

Jimu Journalist Li Manying

According to the "New York Times" reported on September 14, the founder of outdoor sports brand Patagonia, the founder of Patagonia, recently transferred the ownership of Batayonia to a trust and non -profit organization to ensure that all it was Profit (about 100 million US dollars per year) is used to cope with climate change and protect the uns development land worldwide.

Many media reported that Joeonad ranked 1750th in the "2021 Forbes Global Rich List" for $ 1.8 billion. Despite so wealthy, Joynard always wore dilapidated clothes and drove a shabby Subaru. Most of the time, he lived in the humble house of Wensura and Jackson in Wyluman. He didn't even have his own computer or mobile phone. Therefore, he transferred the company for environmental protection, and it was not surprising to many people.

Joynard is in the shooting (picture source: New York Times)

83 -year -old Fuhao donated a company with an annual profit of US $ 100 million

"I hope there can be a new form of capitalism. This kind of capitalism will not end with a few rich and a group of poor people." Recently, 83 -year -old Joynard explained his transfer in an exclusive interview with the New York Times exclusively interview with the exclusive interview with the New York Times. The company supports the original intention of environmental protection. In the future, the company will donate to environmentalists who actively save the earth, and the amount will refresh the highest record in the past.

It is understood that after Joynard transferred the ownership of Batayonia to a trust and non -profit organization in the form of irrevocable form, he will no longer be the owner of this company, but Batayonia It will continue to work as usual. Related data shows that the company sells jackets, hats and ski pants worth more than $ 1 billion per year. In the future, all its profits (about 100 million US dollars per year) will be used to respond to climate change and protect uns development land in the world.

By donating most of the assets in his lifetime, the Joynard couple and the big family of their two children have become one of the most charity families in the United States.

"I don't know how to deal with this company, I never want a company, and I don't want to be a businessman. I may die tomorrow, but the company can continue to do the right thing in the next 50 years. I don't have to be present, "Joynard said.

Joynard (right) is simple in dressed (picture source: New York Times)

I was angry because of being listed as a billionaire

According to reports, in 1973, Joynard founded Batayonia to be famous for not encouraging consumers to buy their products. They have published an advertisement in the "Black Friday" of the New York Times, which reads "Don't buy this jacket."

For decades, the company has donated 1%of its sales to grassroots environmental activists. In recent years, the company has also become more active in politics, and even sued the Trump administration to protect the monument to protect the bear ears.

However, with the soaring sales of Batayonia, Mr. Joynard's own net assets continued to rise, which made him feel uneasy.

"I am listed as a billionaire in Forbes Magazine, which really makes me very angry. I don't have $ 1 billion in the bank. I don't open Lexus." Joynard said, Forbes Magazine's rich man, plus the ranking, plus The popularity of the new crown finally made him decide to transfer his company for environmental protection.

In mid -2020, Joynard began to tell him the closest consultant that he was preparing to handle his company for environmental protection. Subsequently, in a fishing spot in Chile, the company's lawyers and board members began to study various possibilities.

The easiest way is to be listed, which will provide sufficient funds for Joynard for environmental protection plans. However, Mr. Joynard does not believe that Batayonia can give priority to workers' benefits and funding operations after becoming a listed company.

"I don't believe in the stock market at all." Joynard denied the proposal. He said, "Once it is listed, you have lost control of the company. You must fight for shareholders One of the responsible companies. "

In December last year, on the Ventura Mountains, the entire team of Joynard gathered to reach a consensus to transfer the ownership of Battaneia to the trust and non -profit organization. The closest consultant supervision aims to fulfill the original intention of Batayonia to abandon profits and use it for environmental protection.

Self -claiming is an ideal solution

After the transfer is completed, the ownership of the Batayonia company is clear. In the future, the company will continue to work in order to use profitable funds for environmental protection.

However, some experts are not optimistic about the future prospects of Batayonia. Some experts warn that if the Joynard family no longer holds the shares, they can only receive wages without any dividends.

"Capitalism is so successful because of the motivation to succeed." Said Ted Clark, Executive Director of Family Enterprise Center in Northeast University. "If you take all your operating rewards, except for the desire for good times in the past, this family will basically not have other fun anymore."

As for how trusts and non -profit organizations will allocate the profits of Batayonia, Joeonad said that most of the funds will be used to solve climate issues. For Joynard, this solution has solved the problem of uncertainty after the founder's leaving, and also ensures that the company's profits will be used to protect the earth.

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