Lululemon founder Chip Wilson divorcing wife Shannon ‘Summer’ Wilson; no prenup, $1.1B stakes

Lululemon founder Chip Wilson and wife Shannon ‘Summer’ Wilson are reportedly divorcing after 20 years of marriage, with their combined company stakes worth nearly $1.1 billion. Chip Wilson, the founder of popular athleticwear brand Lululemon, has filed for divorce from his wife and business partner, Shannon ‘Summer’ Wilson, after 20 years of marriage. The couple reportedly did not sign a prenuptial agreement, leaving the future division of their considerable assets unclear.Wilson, 71, filed a family legal proceeding in the Supreme Court of British Columbia in April, according to Bloomberg. The American-born entrepreneur, who was raised in Canada and continues to live there, has not publicly detailed the circumstances surrounding the couple’s separation.Those familiar with the matter told the publication that the Wilsons had discussed their separation with friends. The couple have yet to publicly comment on the divorce.Chip Wilson and Shannon Wilson’s connection to LululemonWilson stepped away from Lululemon more than a decade ago. His wife, Shannon ‘Summer’ Wilson, was among the company’s earliest employees and served as its founding lead designer.The couple’s relationship with th...