David Gelles

Yvon Chouinard, the founder of the outdoor apparel maker Patagonia, in Wilson, Wyo., Aug. 12, 2022. Chouinard has forfeited ownership of the company he founded 49 years ago. The profits will now be used to fight climate change. (Natalie Behring / The New York Times)

Patagonia founder gives away the company VIEW

Patagonia founder Yvon Chouinard, who became a reluctant billionaire with his unconventional spin on capitalism, has transferred the company's ownership. Here's where the profits will...