Chip Wilson Net Worth (Updated 2025).
Chip Wilson, a name synonymous with the global retail giant Lululemon Athletica, began his entrepreneurial journey in the early 1980s. Born and raised in Canada, Wilson’s first foray into business was a fish store, which he opened at the age of 22. However, it was his passion for surfing and yoga that led him to his true calling. In 1998, Wilson founded Lululemon Athletica in Vancouver, British Columbia, with a simple yet innovative idea: to create high-quality athletic apparel for women, designed to enhance their yoga practice.
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Chip Wilson’s Current Net Worth (2025)
As of 2025, Chip Wilson’s current net worth is estimated to be around $3.2 billion. This significant wealth is largely attributed to his successful career in the fashion industry, particularly his role as the founder of Lululemon Athletica.
Career
Chip Wilson’s career began in 1980 when he started designing and manufacturing ski clothing. In 1998, he founded Lululemon Athletica, a high-end yogawear company. Under his leadership, Lululemon grew into a global brand, with Wilson serving as the company’s CEO until 2005. He remained on the board of directors until 2011.
Other Ventures
After leaving Lululemon, Wilson invested in various other ventures. In 2012, he founded Kit and Ace, a luxury cashmere brand, with his wife Shannon. He also invested in real estate and technology startups. Notably, he was an early investor in the ride-sharing app Uber.
Assets
Chip Wilson’s assets include a significant stake in Lululemon Athletica, as well as investments in various other companies. He also owns several properties, including a $70 million mansion in Vancouver, Canada. His art collection, which includes works by Andy Warhol and Roy Lichtenstein, is also a notable asset.
Annual Income
Chip Wilson’s annual income varies significantly from year to year, largely due to fluctuations in the stock market and the performance of his investments. As of 2021, it was estimated that his annual income was around $100 million, primarily from his investments and dividends from Lululemon.
Frequently Asked Questions about Chip Wilson
**Frequently Asked Questions: Chip Wilson Net Worth**
1. What is Chip Wilson’s net worth?
Chip Wilson’s net worth is estimated to be around $4.5 billion.
2. How did Chip Wilson make his fortune?
Chip Wilson made his fortune by founding Lululemon Athletica, a high-end athletic apparel retailer, in 1998.
3. When did Chip Wilson step down as CEO of Lululemon?
Chip Wilson stepped down as CEO of Lululemon in 2005, but he remained chairman of the company until 2013.
4. What is Chip Wilson’s role in Lululemon currently?
As of now, Chip Wilson is no longer involved in the day-to-day operations of Lululemon. He sold his last shares in the company in 2018.
5. What other businesses has Chip Wilson been involved in?
Besides Lululemon, Chip Wilson has also invested in other companies and ventures, including Kit and Ace, a luxury cashmere brand he founded with his son, and Hold It All, a luggage company.
6. What is Chip Wilson’s philanthropic work like?
Chip Wilson and his wife, Shannon, have established the Chip and Shannon Wilson School of Design at the University of British Columbia, and they have also donated to various other charitable causes.
7. Where does Chip Wilson live?
Chip Wilson primarily resides in Vancouver, British Columbia, Canada.
8. What is Chip Wilson’s educational background?
Chip Wilson earned a Bachelor of Commerce degree from the University of Victoria in British Columbia.
9. What are some of Chip Wilson’s notable quotes?
One of Chip Wilson’s notable quotes is, “Do one thing every day that scares you.” He has also been known for his controversial comments about Lululemon’s products and customers.
10. How old is Chip Wilson?
Chip Wilson was born on June 6, 1954, making him 68 years old as of 2022.