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Lululemon billionaire founder Chip Wilson files for divorce after 20 years of marriage
New York Post • • business
Key Points:
- Lululemon founder Chip Wilson, worth $6.1 billion, is divorcing his wife Shannon “Summer” Wilson after 20 years of marriage, with no prenuptial agreement in place, according to Bloomberg.
- The couple, who were longtime business collaborators at Lululemon, are involved in ongoing family litigation in British Columbia Supreme Court, though the case files are sealed.
- Chip Wilson remains a major shareholder in Lululemon, owning 8.6% of shares valued near $1 billion, and has publicly criticized the company’s direction and leadership since stepping down as chairman in 2013.
- Shannon Wilson, who was Lululemon’s founding lead designer and later founded Kit and Ace, holds a 1% stake in Lululemon worth about $100 million.
- Chip Wilson has made controversial public remarks about Lululemon’s product issues and diversity efforts, and led a proxy battle against the company’s leadership in December 2025 amid concerns over declining sales.
