Chip Wilson, 71, the billionaire founder of athletic apparel giant Lululemon, is divorcing his wife Shannon “Summer” Wilson after more than two decades of marriage. The couple, with a combined fortune estimated at approximately $6.1 billion, reportedly has no prenuptial agreement.
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“When you marry someone, you’re not just marrying their current financial circumstances; you‘re also marrying their future potential. A couple may have few assets when they walk down the aisle, but they may possess significant future earning capacity, entrepreneurial ambitions or business opportunities that can create substantial wealth during the marriage,” explained Morgan Mouchette, Vice Chair of Blank Rome’s Matrimonial and Family Law Practice.
“Because income and assets acquired during a marriage are generally presumed to be marital property, couples should think carefully about what they would consider a fair division of that future wealth. A prenup negotiated before significant wealth is created allows couples to make those decisions thoughtfully and collaboratively, rather than during the uncertainty of a future dispute,” Mouchette added.
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"Lululemon Founder Headed for Divorce: What’s at Stake?" by Anna Sulkin Stern was published in Wealth Management on September 23, 2026.