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billionaires

Patagonia’s Founder Will Avoid Paying $700 Million in Taxes With Legal Loophole

Patagonia's Founder Who Gave Up Company Will Avoid $700 Million Tax Hit

On September 14, Patagonia made headlines and shocked the outdoor industry when owner Yvon Chouinard announced that he was transferring 98% of the family-owned company, including all its non-voting stock, to a new nonprofit called Holdfast Collective. Made in the name of saving the planet, the donation hands the company off to an advocacy group with a mission to “fight […]

Nick DeRiso | September 21, 2022
3 Comments

Yale Professor Writes Book About How the Ultra-Wealthy are Ruining Jackson Hole, WY

A new book about how America’s top 1% are ruining Jackson Hole, Wyo., has become a recent topic of discussion at the dinner table. The book, authored by Yale professor Justin Farrell, has received excellent reviews as it illustrates the effect of the ultra-rich on communities in the West like Jackson Hole, Buckrail reports. “A Yale sociology professor documents the […]

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Martin Kuprianowicz | February 28, 2020
5 Comments

Jamaican Nationals Sue Ultra-Exclusive Yellowstone Club, MT Alleging Racial Discrimination

Yellowstone club, Montana, exclusive, Jamaican,

The group of Jamaican nationals hired to work at the ultra-exclusive Yellowstone Club in Montana who sued the resort claiming that they had been cheated out of tips and other compensation are scheduled to enter mediated settlement talks in Missoula on Wednesday, court records said. The class-action suit was filed in September 2018 on behalf of Jamaicans who worked at the club […]

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SnowBrains | October 25, 2019
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