Does Chip Wilson Still Own Lululemon?

Ever wondered if Chip Wilson, the founder, still owns a piece of the Lululemon empire? You’re not alone in asking!

Let’s dive into whether Chip Wilson still has ownership stakes in Lululemon, the brand famous for its yoga pants and activewear.

Short Answer: Partial Ownership

Yes, but not entirely. Chip Wilson indeed founded Lululemon back in 1998, but over the years, his stake in the company has changed.

While Wilson once had a significant share of the company, over time he has sold a portion of his stake. However, he still retains a part of Lululemon, making him a stakeholder, albeit not the majority owner. This blend of retaining some ownership while not holding a controlling stake is fairly common in the business world, especially for company founders who wish to see their creations grow under new leadership.

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