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.

Sell the Company for $400 Million? He’s Giving It Away Instead. is one of the latest updates being tracked by Novexa News from New York Times Business. 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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Source: New York Times Business via nytimes.com - https://www.nytimes.com/2026/07/25/business/grady-white-boats-charity.html
Image credit: Photo by RDNE Stock project on Pexels - https://www.pexels.com/photo/white-printer-paper-with-blue-and-green-color-7948099/
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