Billionaire Lululemon founder Chip Wilson is divorcing his wife of 20 years, with no prenup in place, according to a report. Wilson, whose net worth is valued at $6.1 billion, and his wife Shannon “Summer” Wilson are calling it quits, Bloomberg reported, citing two people familiar with their conversations who shared that the couple does not have a prenuptial agreement. There is ongoing family litigation between the Canadian couple in British Columbia Supreme Court, but the files, first filed in April, are sealed, according to the outlet. According to a report, Lululemon founder Chip Wilson and his wife Shannon “Summer” Wilson are divorcing. summerwilsondesign/Instagram The two married in 2002 and were long-time business collaborators. Shannon, 52, was one of the athleisure brand’s first hires and was its founding lead designer. Chip, 71, credited his wife for playing a major role in growing the brand into an $11 billion company. Both left Lululemon more than a decade ago, but Chip remains one of its largest shareholders, owning 8.6% of its shares, worth almost $1 billion. Chip, who was born in the United States but raised in Canada, resigned as chairman of Lululemon Athletica’s board of directors in 2013 after a series of public missteps. He once notoriously blamed overweight customers for having to recall pants in his store that were so sheer that women’s butts were visible through them. “Frankly, some women’s bodies just don’t work for [the pants]” Chip said at the time. Chip Wilson and his wife Shannon “Summer” Wilson married in 2002. summerwilsondesign/Instagram The two were longtime business partners. Getty Images He also criticized Lululemon’s “whole diversity and inclusion thing” and said the brand had become bland in the years after he left. The founder said in a 2024 Forbes interview that the chain had “become Gap, all for everyone.” “I think the definition of a brand is that you are not everything to everyone. “You have to be clear that you don’t want certain customers to come in,” he added, going on to criticize the company’s decision to include “sickly” and “sickly” people in the ads, who he says are “not inspiring.” Chip Wilson resigned as chairman of Lululemon Athletica’s board of directors in 2013. REUTERS Despite no longer working at Lululemon, Chip has exercised his power as a major shareholder to try to influence the direction of the company. He engaged in a proxy battle against the company’s leadership in December 2025, calling them “complacent” amid falling sales. Shannon, who founded luxury retail brand Kit and Ace, owns a 1% stake in the clothing chain worth about $100 million.
