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Home»Entertainment»Leonardo DiCaprio’s Vegan Shoe Brand Records $3.5m Loss
Entertainment

Leonardo DiCaprio’s Vegan Shoe Brand Records $3.5m Loss

July 26, 2024No Comments3 Mins Read
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Leonardo DiCaprio's Vegan Shoe Brand Records $3.5m Loss
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Leonardo DiCaprio‘s jet-setting life-style value his vegan shoe firm to endure multimillion greenback losses, RadarOnline.com can reveal.

The Oscar winner was branded a hypocrite over his extreme life-style habits, which resulted in a $3.5million setback for the eco-friendly shoe model he invested in.

DiCaprio, 49, might have earned the title of environmental and social advocate for his years of labor combatting the local weather disaster, however he is now being known as an eco-hypocrite over his use of personal jets.

Regardless of urging others to take a private stake in combatting local weather change and main eco-friendly life, he has seemingly ignored his personal recommendation — and followers have seen too.

The 49-year-old has continuously been seen spending his off days on mega yachts with fashions and flying world wide on his fuel-guzzling personal jet. The environmentalist was known as out for his carbon footprint on-line.

On X, one person wrote: “Leonardo DiCaprio is the worst offender of being a local weather hypocrite!”

One other person echoed: “First, Leonardo DiCaprio, while you surrender your large carbon footprint the dimensions of a thousand regular individuals and begin residing off the land with zero electrical and nil fossil fuels and nil plastic…then you may lecture others concerning the atmosphere… till then. Shut up hypocrite.”

On-line backlash appeared to spill over into one in every of DiCaprio’s eco-driven investments.

The Titanic star dipped into his $300 million fortune to put money into vegan shoe model Wild Loci, which crafts sneakers from recycled supplies together with bamboo, foam and rubber. The model moreover provides again by recycling 20 plastic bottles for each pair made.

Sadly for the model, backlash over DiCaprio’s lavish life-style tanked their backside line.

In keeping with monetary statements filed at Firms Home, the model had a lack of $3,479,440 in April 2023. Statements from the yr prior recorded a lack of $1,245,796.

Whereas DiCaprio — who as soon as known as the local weather disaster “essentially the most pressing risk dealing with our whole species” — invested his personal fortune into the corporate, he reportedly additionally put up $97 million into a world conservation undertaking to guard endangered species from world builders.

The actor additionally sits on the board of a number of environmentally targeted organizations, together with the World Wildlife Fund, the Pure Sources Protection Council, Worldwide Fund for Animal Welfare, Pristine Seas and Oceans 5.

DiCaprio might have devoted a good portion of his grownup life to advocating for environmental points — comparable to creating The Leonardo DiCaprio Basis in 1998, which serves to teach and fund a variety of environmental causes — his life-style decisions have began to overshadow his sincere work.

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3.5m brand DiCaprios Leonardo Loss records shoe vegan
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