Chip Wilson

Quick Facts

Full Name	Chip Wilson
Date Of Birth	Mar 3, 1956(1956-03-03)
Age	68
Birthplace	California
Country	United States
Horoscope	Pisces

Chip Wilson Biography

Chip Wilson is one of the most popular and richest Businessman who was born on March 3, 1956 in California, United States.

Dennis J. “Chip” Wilson (born 1956) is a Canadian billionaire businessman and philanthropist, who has founded several retail apparel companies, most notably yoga-inspired athletic apparel company Lululemon Athletica Inc (TSX: LLL, NASDAQ: LULU). Wilson is widely considered to be the creator of the athleisure trend. In 2016, he organized his personal and business interests into the holding company Hold It All Inc.

In 1979, Wilson founded his first retail apparel company, Westbeach Snowboard Ltd, which sold apparel targeted at the surf, skate, and snowboard markets. He sold Westbeach in 1997 and founded Lululemon Athletica Inc in 1998. As of 2016, his personal and business interests are maintained through Hold It All Inc.

Wilson was born in southern California in 1956. Both of his parents were athletes at college, and his father was a physical education teacher. In 1980, he graduated with a bachelor’s degree in economics from the University of Calgary.

Chip Wilson Net Worth

Net Worth: As of 2020, Chip Wilson’s net worth stands at $4.8 billion. The primary source of his wealth has been his successful retail apparel ventures such as Lululemon Athletica Inc and Westbeach Snowboard Ltd. He remains the largest individual shareholder in Lululemon, a company currently valued in billions. His assets also include personal and business interests organised through Hold It All Inc., a Vancouver based holding company. Compared with industry standards, Chip Wilson has created significant value through his innovative approach towards athletic wear.

Career and Financial Growth: Chip Wilson’s career began in 1979 when he founded Westbeach Snowboard Ltd. The sale of Westbeach in 1997 laid the financial groundwork for the launch of Lululemon Athletica Inc the following year. His entrepreneurial instinct and investment in the rising trend of athleisure wear were key to the financial success of Lululemon, which offered an IPO in 2007. Subsequently, in 2014, he sold a considerable share of his stake in Lululemon for $845 million, marking a significant wealth accumulation milestone.

Source of net worth: As an entrepreneur, Chip Wilson’s primary contribution and source of his wealth have been his ventures in athletic apparel businesses. His innovativeness and pioneering role in athleisure wear allowed his companies to thrive and dominate the market. While he doesn’t have known endorsements or sponsorships, his stake in Lululemon remains a tremendous source of his net worth.

Personal Projects and Ventures: Beyond his commercial ventures, Wilson has built a diverse portfolio that includes philanthropy and public service. His projects include the Wilson 5 Foundation, property firm Low Tide Properties, and sports-related investments like his stake in sportswear company Anta Sports. Wilson is also known for initiating public artworks.

Philanthropy: Wilson has made philanthropic gestures toward various social causes. His most notable philanthropic ventures have focused on education, as seen in his launch of imagine1day, a charity that aims to improve education in Ethiopia. With his wife, he has pledged $12 million to The Chip and Shannon Wilson School of Design at Kwantlen Polytechnic University, aiming to solidify the future of BC’s technical apparel industry.

Recent Developments: In light of current economic trends, Wilson’s hold on asset-rich companies like Lululemon positions him favourably for future net worth growth, despite potential market volatility. In an ever-evolving retail landscape, his ongoing investments and ventures could significantly influence his net worth.

Height, Weight & Body Measurements

Chip Wilson height Not available right now. Chip weight Not Known & body measurements will update soon.

Who is Chip Wilson Dating?

According to our records, Chip Wilson married to Shannon Wilson. As of January 13, 2024, Chip Wilson’s is not dating anyone.

Relationships Record : We have no records of past relationships for Chip Wilson. You may help us to build the dating records for Chip Wilson!

In 2013, Wilson and his spouse launched Whil.com, a website designed “to convince professionals to meditate a few times a day in increments of just 60 seconds” by making it more accessible.

Facts & Trivia

Chip Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in United States. Chip Wilson celebrates birthday on March 3 of every year.

Wilson and his wife are sponsors of the annual Child Run. The Child Run is the largest family fun run in Vancouver, with a 5 km for runners and walkers on a route through Queen Elizabeth Park and a 1 km fun run, followed by a carnival celebration. Proceeds support British Columbia’s Children’s Hospital and its fight against childhood cancer. In 2014, the run had over 6,000 participants and raised over $1 million.

What disease does Chip Wilson have?

Wilson, 66, is starting a venture called “Solve FSHD” and contributing $100 million to help find a cure for the condition by the end of 2027. He was diagnosed at 32 with facioscapulohumeral muscular dystrophy , which leads to weaknesses in the face, around the shoulder blades and upper arms.

Is Chip Wilson still part of Lululemon?

Although Wilson has no management role at Lululemon, he remains its biggest individual shareholder with an 8% stake. Wilson, his wife and five sons now operate a holding company called Hold It All, which invests in apparel, real estate and private equity.

How much did Chip Wilson sell Lululemon for?

In August 2014, Wilson sold 13.85% of his ownership in Lululemon to Advent for approximately $845 million.

Is Chip Wilson a billionaire?

A well-known Vancouver billionaire is opening up about his health issues more than 30 years after his diagnosis. Lululemon founder and entrepreneur Chip Wilson said he was 32 years old when he was diagnosed with facioscapulohumeral muscular dystrophy type 2.

Who is Chip Wilson's wife?

Shannon Wilson