# Eddie Smith Jr. gives away $400 million Grady-White Boats fortune

- Topic: world
- Source: DailyGood
- Published: 2026-08-03
- Original: https://www.dailygood.org/view.php?qid=10793
- Language: en
- Image: https://www.dailygood.org/qp_images/small/10793-6a7068d660ccf.jpg

Eddie 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.

## Key takeaways

- 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.

> Summary by Daily Read Bytes. Read the original at https://www.dailygood.org/view.php?qid=10793