For everyone saying this pic looks fake: It doesn't. You can see individual stitching in the embroidery. There's even threads that are frayed outward over the corduroy.
If that's shooped somebody spent a very long time perfecting the selection on that embroidered design, warping it to perfectly match the structure of the hat, matching the noise to the original, and then specifically sizing it for the wave of the corduroy.
Or of course, you could just google it and see that the hat's available on Amazon.
I have no idea if that picture is photoshopped or not but these types of hats have been around for awhile. Here is one I found on Amazon that looks similar to the one in the photo. https://www.amazon.com/dp/B07S2FLGJX/ref=cm_sw_r_other_apa_i_TyUEEbTB8SGTZ
Editted to include a little bit of history behind the hats: https://www.wsj.com/articles/its-almost-dow-20000-wheres-the-party-where-are-the-hats-1481739537
Fun Products Adjustable Dow 30k Hat Red https://www.amazon.com/dp/B07S2FLGJX/ref=cm_sw_r_cp_apa_i_faU9CbJRZR56Q
Have even higher expectations