Tag: Patagonia

  • He Could Have Sold His Company For $400 Million. Instead, He Gave It Away

    He Could Have Sold His Company For $400 Million. Instead, He Gave It Away

    Most entrepreneurs spend decades building a business with one goal in mind: selling it for as much money as possible. For Eddie Smith Jr., that moment finally arrived after more than half a century of transforming a struggling boat manufacturer into one of America’s most respected recreational boating companies. Experts estimated he could have walked…

  • North Face Co-Founder Bought 2.2m Acres Just to Protect It

    North Face Co-Founder Bought 2.2m Acres Just to Protect It

    Most billionaires leave their mark in concrete and steel towers bearing their names, resorts cut into mountaintops, skylines altered in their image. Doug Tompkins left his mark on wind and water. He spent his fortune not on building, but on keeping things exactly as they were, buying 2.2 million acres of wilderness simply so no…