[ENOTTY]

I'm curious about the ownership, profits, and dividends to ownership for a private company. Obviously, details on this are not easy to come by. It seems like Patagonia is self-sustaining from a cash flow perspective.

So Patagonia is 50 years old and did an estimated $1.5 billion in revenues in 2022 (according to Wikipedia). From the article, it seems like Yvon, his wife, and his two children held both ownership and control. It might even have been 100% within the family, given that NYT explicitly writes that, "the family irrevocably transferred all the company’s voting stock, equivalent to 2 percent of the overall shares" and "The Chouinards then donated the other 98 percent of Patagonia"

I wonder how much of the company's profits over the years were reinvested back into the company and how much went to Yvon and the other Chouinards. Seems like most or all of his wealth derives from Patagonia and he lives modestly but comfortably.

EDIT: Even at a 1% profit margin, at $1.5 billion, that's still $15 million.

[samil]

so you just read an article about someone giving away a 1.5B revenue company, and paying 17+M taxes on it to give it political power, and you are here telling us they are not poor because they did get some revenue out of this company they have been running until they gave it away to charity? Are you ok?

[replwoacause]

You aren't kidding. Some of the comments in here are baffling to me.