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Instead of selling his luxury boat company for millions, he invested in his employees

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Instead of selling his luxury boat company for millions, he invested in his employees
CBS News
CBS News20 mins ago
Instead of selling his luxury boat company for millions, he invested in his employees
Eddie Smith, the owner of Grady-White Boats, could have sold his business for hundreds of millions of dollars. Instead, he decided to turn the company over to a charitable trust.
Fortune
Fortune🏁 first to report1 days ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.
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