Chip Wilson
Overview
- Source of Wealth
- Lululemon
- Industry
- Fashion & Retail
- Residence
- Vancouver
- Organization
- Chairman at Lululemon
- Education
- University of Calgary (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 5
Assets
- Amer Sports104,017,000 shares @ --AS-US
- ANTA Sports Products Ltd.15,842,000 shares @ --2020-HK
- Lululemon8,749,700 shares @ --LULU-US
Biography
Dennis "Chip" Wilson is the founder and former CEO of Lululemon, which he started with a single store in Vancouver in 2000.
He took the athleisure company public in 2007 but resigned as chairman in 2013 and removed himself from the business completely in 2015.
Although Wilson has no management role at Lululemon, he remains its biggest individual shareholder with a 7% 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.
He has stakes in Chinese activewear company Anta Sports and Amer Sports, which owns brands like Salomon, Arc'teryx and Wilson.
About
The son of a seamstress, Wilson's first retail venture was Westbeach Snowboard, which he started in 1979 to sell apparel for surfers, skaters and snowboarders.
While studying at the University of Calgary, Wilson took a break and worked on the Alaskan oil pipelines for 18 months.