Skip to content
Subscriber Only

Lululemon Founder Joins World's Richest as Yogawear Brand Surges

  • Chip Wilson has a $4 billion fortune on Bloomberg’s rich list
  • Shares in the company have risen by 15 percent since Thursday
Lululemon Athletica Inc. Chief Executive Officer Laurent Potdevin At New Hong Kong Store

Photographer: Xaume Olleros/Bloomberg

Lululemon Athletica Inc. founder Chip Wilson now ranks among the 500 richest people on the planet as the company’s shares have surged 15 percent since the yoga-wear maker reported blowout second-quarter results.

The Vancouver-based company climbed to a record after beating Wall Street’s net sales estimates for the eighth quarter in a row on Thursday and raising its full-year revenue and profit projections.