Lululemon founder Chip Wilson in 2017.Jim Bennett/Getty Images
- Chip Wilson founded Lululemon Athletica Inc. in 1997 after selling his first apparel company.
- During his tenure, Wilson became known for his controversial remarks and mishandling of company scandals.
Lululemon's billionaire founder Chip Wilson has been the center of both acclaim and controversy.
The 68-year-old entrepreneur was at the forefront of the movement that turned women's activewear into everyday apparel. The booming athleisure market is estimated to reach $662 billion by 2030, according to a recent report. And Lululemon is a big part of that market. Popular items, like the brand's leggings, develop cult followings and become status symbols among certain demographics, like Gen Z.
But Wilson has also been a poster child for corporate controversy. Over the years, his comments about women's bodies, child labor, and the Asian community sparked outrage and eventually led to his ouster.
After being heavily involved with the brand for over 15 years, Wilson resigned from the board of directors in 2015.
Today, Wilson is worth about $7.3 billion, according to Bloomberg. He's among the top 10 wealthiest Canadians. He spends part of his fortune on philanthropy and researching a cure for the rare muscular disease called facioscapulohumeral muscular dystrophy, which he was diagnosed with at 32 years old.
Here's everything we know about Wilson's life and career as the founder and former CEO of Lululemon.