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comment by ooli
ooli  ·  1021 days ago  ·  link  ·    ·  parent  ·  post: Earth is now our only shareholder.

The family still get 100% voting power.

And the move is just a way to avoid taxe for the children while they still control the company.

And it Seems that the charity (owned by the oligarch family), is still able to use fund to campaign, and corrupt (sorry influence) the elected officials





user-inactivated  ·  1021 days ago  ·  link  ·  
This comment has been deleted.
ooli  ·  1021 days ago  ·  link  ·  

    when Patagonia announced the move, I naïvely took it at face value.

Me too, especially with a reputed news outlet like the washington post tittle is :"Billionaire smacks back at capitalism"

And other lament, that the poor Billionaire had to pay 17 millions, just to gift Earth all his fortune