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Sell the Company for $400 Million? He’s Giving It Away Instead.

The New York Times

BusinessThe New York Times·Jul 25, 2026·1 min read

Sell the Company for $400 Million? He’s Giving It Away Instead.

After his sole heir died, Eddie Smith, the owner of Grady-White Boats, looked for a way to pass on his legacy. He was inspired by Patagonia to pledge future profits to charity.

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