What Happens to the Company?

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The Chenard family has donated two percent of the company to a trust, that's the voting shares. The other 98 % of the company, the common shares, have been given to a five o, one c, four nob profit. "We're all in it together," says ivon Chenard who died at 83 last year.

The billionaire founder of Patagonia is giving away his company to fight climate change. He’s also getting a giant tax break.

This episode was produced by Victoria Chamberlin, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and edited by Sean Rameswaram, who also hosted.

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