Financial News

This entrepreneur set out to do good over making money, but still earned millions

Toms donate a pair of shoes for every one it sells, and has donated more than 60 million pairs since it was founded in 2006. In 2014, founder Blake Mycoskie sold a 50 percent stake in the business to Bain Capital, valuing the company at an estimated $625 million, and likely making him more than $300 million. But his original aim was more about doing good.
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