Yvonne Chouinard net worth
Yvon Chouinard Net Worth and Salary: Yvon Chouinard is an American rock climber and outdoor gear manufacturer who has a net worth of $1.5 billion. Yvon Chouinard earned his net worth as the founder of outdoor gear and apparel company Patagonia. Patagonia produces eco-friendly outdoor clothing and products that are stylish at the same time.
He is also the founder of Black Diamond Equipment. Yvonne has been an avid climber and coach for most of his adult life. He was born on November 9, 1938 in Lewiston, Maine. In addition to rock climbing, Chouinard also enjoys surfing, fishing, kayaking, writing and more. Yvonne reportedly lived on 50 cents a day for most of his 20s. He founded Patagonia in 1973 with the goal of making garments that could withstand the extreme cold and winds that are often encountered in the harshest regions of South America. In 1985, the company had sales of $20 million. By 1990, sales were $100 million.Today’s annual retail revenue in Patagonia is approximately $800 million. Yvon Chouinard has never accepted a penny of outside investment and still owns 100% of the company. Incredibly, Patagonia spends only 1/2 of 1% of its sales on advertising each year. The company annually donates 10% of its pre-tax profits to environmental charities. Chouinard has been on the climbing frontier all his life. He is known for his extensive ascents in Pakistan and the European Alps. Yvon met and married Malinda Pennoyer in 1971. They are still married today. They have two children, Fraser and Claire. Yvonne has been described as the world’s most “reluctant” billionaire.
