worldPublished
Eddie Smith Jr. gives away $400 million Grady-White Boats fortune
worldEddie Smith Jr. has pledged all future profits from Grady-White Boats to charity, following the example of Patagonia founder Yvon Chouinard. The 83-year-old company owner has donated his $400 million sale to charitable causes. Smith's decision is seen as a radical act of corporate generosity.
At a glance
- Eddie Smith Jr. has pledged all future profits from Grady-White Boats to charity.
- The decision is inspired by Patagonia founder Yvon Chouinard's similar act of corporate generosity.
- Smith has donated his $400 million sale to charitable causes.