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Lululemon Founder Chip Wilson Files for Divorce After 20 Years With No Prenup

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Lululemon founder Chip Wilson has filed for divorce from his wife Shannon 'Summer' Wilson after two decades of marriage. The couple reportedly did not sign a prenuptial agreement before their marriage. Chip Wilson holds an 8.6% stake in Lululemon valued at close to $1 billion, while Shannon owns approximately 1%, worth around $100 million. The absence of a prenup puts their considerable combined assets at the center of the separation proceedings.

Read the full story at Times of India

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Lululemon Founder Chip Wilson Files for Divorce After 20 Years With No Prenup · ShortSingh