@cnnewsnow: BREAKING: Lululemon founder Chip Wilson's no-prenup divorce could cost him a painful 50-50 split of his estimated $12.4 billion fortune. The athletic-wear billionaire, 70, and his second wife, Shannon, are officially calling it quits after 18 years of marriage . The couple, who share five children, did not sign a prenuptial agreement, which means Shannon could be entitled to up to half of Wilson's massive fortune — potentially one of the largest divorce settlements in history. Wilson, who stepped down from Lululemon's board in 2015 after his controversial remarks about plus-size yoga apparel, filed for divorce in Utah earlier this year . The couple owns multiple properties across North America, including a sprawling estate in Park City, Utah . The divorce filing was first obtained by TMZ. 👍 Like, share, and follow us for more exclusive updates! Subscribe to our channel so you never miss a breaking story! 🔔 Wilson is currently worth approximately $12.4 billion, making him the 192nd richest person in the world, according to Forbes . He founded the Vancouver-based company in 1998 and launched its first store two years later before taking it public in 2007. The divorce comes after Wilson made headlines with his controversial "Godfather" comments — a play on his name — that reportedly sparked a firestorm within the company . His remarks, captured during a 2014 interview with a Canadian magazine, referred to "illegal" immigrants and "women with large thighs." Wilson has since distanced himself from Lululemon's day-to-day operations, though his former stake in the company is likely to play a central role in the settlement. This is not Wilson's first divorce. He was previously married to his first wife from 1988 to 1997, with whom he shares three children. The divorce was sealed, and no details of the settlement were made public. Who do you think will walk away with the bigger share? Drop your thoughts below! Follow us for more updates! #FYP #Viral #RoyalFamily #ExplorePage #Lululemon

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Tuesday 08 September 2026 06:09:57 GMT