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Chip Wilson
#788

Chip Wilson

Source of wealth: Lululemon

Net Worth

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Earnings per second

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The scale of their wealth

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Health

The price of life

Let's compare Chip Wilson's fortune with the healthcare spending of a massive country

Chip Wilson could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 2.4 years.

But even if we compare their fortune with that of a rich country

On the other end, Chip Wilson could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.1 years.

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Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Chip Wilson could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 1.6 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Chip Wilson could pay for it entirely for 2.1 years.

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Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Chip Wilson could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 9.0 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Chip Wilson with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.2 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Gold bar

Chip Wilson's fortune is equivalent to 37 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

Gold rings

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Chip Wilson could buy 9,818,630 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 2 trucks to transport them. Although Chip Wilson will almost certainly have enough money left over to pay for the gas.

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Biography

Dennis "Chip" Wilson is the founder and former CEO of Lululemon, which he started with a single store in Vancouver in 2000.

He took the athleisure company public in 2007 but resigned as chairman in 2013 and removed himself from the business completely in 2015.

Although Wilson has no management role at Lululemon, he remains its biggest individual shareholder with a 7% stake.

Wilson, his wife and five sons now operate a holding company called Hold It All, which invests in apparel, real estate and private equity.

He has stakes in Chinese activewear company Anta Sports and Amer Sports, which owns brands like Salomon, Arc'teryx and Wilson.

Financial Assets

Exchange
NYSE
Ticker
AS-US
Company
Amer Sports
Exchange
HONG KONG
Ticker
2020-HK
Company
ANTA Sports Products Ltd.
Exchange
NASDAQ
Ticker
LULU-US
Company
Lululemon

Monthly wealth history

Fortune comparison

Historical data not available for comparison

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