Patagonia Is No Longer Owned by a Private Equity Firm

Trip light and patagonia are continuing to pay corporate income taxes. The difference is thet patagonia is now effectively, it's not owned by a charity, but it's giving all its profits to charity. With trip light, its giving all itsprofits to a private equity firm. And then in both cases, the ce o doesn't have to pay any kind of inheritance tax. They're still alive. So basically exactly.