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Uber-wealthy couple makes unprecedented move with $300 million land: ‘To protect nature from being devoured’

by Stephen King Leave a Comment

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In a remarkable display of philanthropy, Kris Tompkins, former CEO of Patagonia, and her late husband Doug Tompkins, co-founder of The North Face Inc. and Esprit, made history with an extraordinary $345 million land donation in South America. Their unprecedented gift, completed in 2019, stands as the largest private land donation ever recorded, reflecting a commitment to environmental conservation and public welfare.

The couple’s transformative gesture involved returning the vast expanse of land to the Chilean and Argentinian public, creating or significantly expanding six national parks. This monumental act conserved a staggering 14.7 million acres of land and 30 million marine acres, setting a precedent for responsible land stewardship. The agreements with the governments ensure that the protected areas remain safeguarded for at least 99 years.

However, Kris Tompkins recognized that simply un-privatizing the land was not enough; the survival of threatened species and the restoration of biodiversity were paramount. Tompkins, through the organization Tompkins Conservation, initiated efforts to reintroduce and protect various species facing endangerment. Notably, species such as the Huemul deer received dedicated conservation efforts, while rewilding initiatives introduced collared peccaries, Andean condors, Darwin’s Rheas, green and red macaws, tapirs, and giant anteaters into the ecosystem.

The conservation work undertaken by the Tompkins couple goes beyond preserving landscapes; it addresses the global extinction crisis, emphasizing the crucial role that biodiversity plays in maintaining a healthy and vibrant ecosphere. Kris Tompkins emphasized the significance of bringing back missing species, stating, “Landscape without wildlife is just scenery.”

At a time when societal inequalities persist and environmental concerns escalate, the Tompkins’ philanthropic endeavors serve as a rare beacon of hope. In an era where the wealthiest individuals often contribute to the degradation of the planet, the Tompkins couple’s commitment to leveraging their private wealth for the greater good is a testament to the positive impact that the ultra-wealthy can have if they prioritize environmental preservation.

Kris Tompkins described the act of returning the land to the people of Chile and Argentina as a “kind of capitalist jujitsu move,” deploying private wealth to protect nature from the encroachment of the global economy. Their legacy stands as an inspirational example of how responsible and compassionate actions by the ultra-wealthy can make a monumental difference in safeguarding our planet for future generations.

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