Grady-White's Owner Turned Down $400 Million to Give the ...

https://onthewater.com/grady-whites-owner-turned-down-400-million-to-give-the-company-away-instead
3 days ago · Grady-White owner Eddie Smith rejected a $400 million sale, transferring the boat builder to a purpose trust that will send profits to charity for good.

Grady-White Boats owner chooses charity over $400M payout

https://www.linkedin.com/news/story/grady-white-boats-owner-chooses-charity-over-400m-payout-8386713/
4 days ago · Eddie Smith Jr., owner of Grady-White Boats, has decided pledge all future company profits to charity rather than sell the company for around $400 million.

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

https://www.nytimes.com/2026/07/25/business/grady-white-boats-charity.html
5 days ago · 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 ...

https://dnyuz.com/2026/07/25/sell-the-company-for-400-million-hes-giving-it-away-instead/
5 days ago · The company, Grady-White Boats, was in trouble. But Mr. Smith turned it around, and now the maker of high-end recreational fishing boats designed for coastal waters pulls in hundreds of millions of dollars in annual revenue.

Grady-White Founder Pledges Profits to Charity - Yahoo Finance

https://finance.yahoo.com/small-business/articles/grady-white-founder-pledges-profits-131157460.html?fr=sycsrp_catchall
2 days ago · Eddie Smith arranges purpose trust to fund charities instead of cashing-out for hundreds of millions. The post Grady-White Founder Pledges Profits to Charity appeared first on Boating Mag.

This 83-Year-Old Entrepreneur Is Rejecting a $400 Million ...

https://www.entrepreneur.com/business-news/this-83-year-old-entrepreneur-is-rejecting-a-400-million-payday-grady-white-boats
1 day ago · Eddie Smith Jr., the 83-year-old owner of Grady-White Boats, turned down a $400 million sale and instead committed the company’s future profits to charity. Smith has kept full control of the ...

Eddie Smith transfers Grady-White Boats to nonprofit ownership

https://businessnc.com/eddie-smith-transfers-grady-white-boats-to-nonprofit-ownership/
3 days ago · Grady-White Boats owner Eddie Smith, 83, has transferred ownership of the company’s voting stock to a trust that will ensure the company remains independent and will operate in concert with his values, he told the New York Times.

He worked 100-hour weeks to save a nearly bankrupt boat ...

https://fortune.com/2026/07/29/eddie-smith-jr-turned-down-400-million-offer-for-grady-white-boats-instead-giving-profits-away-to-charity-inspired-by-patagonia-founder-philanthropy/
9 hours ago · Instead of selling Grady-White Boats for $400 million, Eddie Smith Jr. was inspired by Patagonia founder Yvon Chouinard to donate profits to charity.

Grady-White Boats owner pledges profits to charity - sbj.net

https://sbj.net/stories/grady-white-boats-owner-pledges-profits-to-charity,105113
3 days ago · Grady-White Boats owner Eddie Smith Jr. has renounced a potential $400 million sale and pledged to deliver future profits to charity.

Grady-White’s Owner Is Giving Away His Legendary Boat Company

https://gardenandgun.com/grady-white-owner
1 day ago · Eddie Smith Jr., owner of the lauded boat manufacturer Grady-White, made waves in the business world earlier this week with an unexpected announcement: Instead of selling the North Carolina–based company for as much as $400 million, the eighty-three-year-old has donated its profits to charity in perpetuity, the New York Times reported.