Lululemon founder Chip Wilson files for divorce after 20 years, no prenup

Chip Wilson, founder of Lululemon, has filed for divorce from wife Shannon ‘Summer’ Wilson after 20 years of marriage. The couple reportedly had no prenuptial agreement. Wilson owns an 8.6% stake in Lululemon worth nearly $1 billion, while Shannon holds about 1%, valued at $100 million, leaving their substantial assets in focus.