HomePlayerYvon Chouinard Wife Malinda Pennoyer: Children And Net Worth Details

Yvon Chouinard Wife Malinda Pennoyer: Children And Net Worth Details

Yvon Chouinard wife, Malinda Pennoyer, rejoices 50 years of their married life to the fullest. The 84-year-old alpinist is popularly known as a reluctant billionaire because of his lack of desire to be a businessman.

Yvon is the self-proclaimed Dirtbag who once retorted we are the rebel of consumer culture.

The reluctant billionaire is an American rock climber, surfer, and the founder of the renowned outdoor apparel company Patagonia. The founder of Patagonia is a concerned environmentalist and philanthropist. Similarly, he has also written books on climbing issues and ethics.

Recently, the 83-year-old has given away his multi-billion dollar company to combat climate change.

Yvon Chouinard Wife: Who Is Malinda Pennoyer?

Malinda Pennoyer met Chouinard during her University days while studying arts and home science at California State University, Fresno. The pair fell in love and decided to tie the knot in 1971.

Pennoyer, now 76 years old, was born in September 1946 in the USA.

Besides the arts and home science degree, she also has a bachelor’s degree in nutrition. Furthermore, she is also a secondary-level teacher.

Yvon Chouinard Wife
Malinda Chaouinard: wife of Yvon Chouinard (Source: California Water Impact Network)

Likewise, together with her husband, she cofounded Patagonia in 1973. From the start, she was an active member of the company and worked at Patagonia’s first retail store; Great Pacific iron works in Venture, California.

As for now, the cofounder of Patagonia lives with her husband in Ventura, California.

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Yvon Chouinard And His Wife Is Parents Of Two Children

The couple shares two children out of their wedlock. The couple was married in 1971. The Patagonia founders are blessed with a son and a daughter named Fletcher and Claire, respectively.

Both children are the co-owner of Patagonia and reside in Ventura, California.

In addition, Fletcher operates an FCD surfboards company in Ventura, California, and designs surfboards.

Meanwhile, Claire has been an essential part of Patagonia. Together with her parents, she manages a world-renowned apparel firm.

What Is Yvon Chouinard Net Worth?

According to BBC News, Yvon Chouinard’s net worth is estimated at around 1.2 billion dollars.

Most of his fortune is derived from his multibillion-dollar company, Patagonia. According to sources, Patagonia receives annual retail revenue of over 1 billion dollars and generates around 100 million in profit.

The company is expanded to 10 countries across 5 continents. Moreover, the company is valued at an estimated 3 billion dollars.

Yvon Chouinard out surfing (Sources: Lifegate)

Similarly, he is also a founder of  Chouinard Equipment, Ltd, which is notable for climbing the European alps.

However, the famous American mountaineer decided to give away his ownership to a nonprofit, reducing his net worth.

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Chouinard Gave His Company Away For Charity

The reluctant billionaire finally gave away his shares from his company Patagonia to charity. The proud environmentalist stated that the earth is our only shareholder, and now it is our responsibility to save our planet.

According to Guardian news, his family donated 2% of all stocks and all decision-making authority to trust. Similarly, 98% of the company’s stock will go to a nonprofit called the Holdfast collective.

Patagonia’s profits will be distributed to nonprofits to fight the environmental crisis. Hence, the reluctant billionaire finally unburdened himself from being a billionaire.

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