Page 83 - Forbes - USA (March 2018)

Chip Wilson
CHILE
NEWSMAKER: After a series of p.r. blunders, the founder
of workout-wear retailer Lululemon stepped away from GDP: $270.6 BIL; POPULATION: 18 MIL
the company in 2015. Since then, Wilson—who remains BILLIONAIRES: 11 (–1 VS. 2017)
Lululemon’s largest individual shareholder with 14% of the TOTAL NET WORTH: $41.9 BIL (+$500 MIL VS. 2017)
company—has been forced to find creative ways to make

his voice heard. He launched the now-defunct website
elevatelululemon.com in 2016 to offer his opinions. In

2017 he placed a bus-stop ad directly in front of Lulu lem on’s
Vancouver headquarters, imploring Lululemon to “Buy Under Iris Fontbona & family 
$16.3 BIL #80 MINING
Armour now.”
Horst Paulmann & family 
$4.8 BIL #422 RETAIL
Julio Ponce Lerou 
$4.8 BIL #422 FERTILIZER
Alvaro Saieh Bendeck 
$3.2 BIL #729 BANKING
Sebastian Pinera & family 
$2.8 BIL #859 INVESTMENTS
Jean Coutu Roberto Angelini Rossi 
$2.7 BIL #887 FORESTRY, MINING
R
W
E
M
K
A
E

T
:
S
NEWSMAKER: The 90-year-old pharmacist is finally Patricia Angelini Rossi 
N
he 90-year-old pharmacist is fi
nally
hanging up his white lab coat. In October he agreed $2.1 BIL #1157 FORESTRY, MINING
to sell his Jean Coutu Group—which operates more Jean Salata 
than 400 pharmacies in Quebec, New Brunswick and $1.6 BIL #1477 FINANCE
Ontario—to Canadian grocery chain Metro for about Luis Enrique Yarur Rey 
$3.6 billion in cash and stock. Coutu, who founded the $1.6 BIL #1477 BANKING
business with a single Montreal location in 1969, will Bernardo Matte 
pocket nearly $2 billion. $1 BIL #2124 PAPER
Eliodoro Matte 
$1 BIL #2124 PAPER
SANTIAGO
10
EXPATRIATE
1
PUCÓN Sebastián
MONT-TREMBLANT
Piñera
QUEBEC CITY
SAINT JOHN POLITICS: In
PUERTO MONTT December, Piñera was
MONTREAL elected to his second
9 term as Chile’s president
MUSKOKA OTTAWA (he also served from
WESTMOUNT
2010 to 2014) in a
AURORA
AURORA

runoff against former
NORTH YORK journalist Alejandro
MARKHAM EXPATRIATES
MISSISSAUGA TORONTO 7 Guillier. A conservative
11 leader who made his
BURLINGTON
OAKVILLE BURLINGTON fortune with credit

card firm Bancard, he
divested his assets after

the 2010 election.
Tobi Lütke
NEWCOMER: A coder who favors tweed
caps, Lütke founded Shopify, an e-
commerce platform that powers some
600,000 online stores, in 2006. The Ger-
man native had learned to program by
age 12 and dropped out of school at 16
for a computer engineering apprentice-
ship. He immigrated to Canada in 2003
after meeting his now-wife on a snow-
boarding trip to Whistler. He and a friend
launched an online snowboard shop but

couldn’t find decent software to run it, so
Lütke created it himself. That became the
basis for Shopify, which he took public
in 2015. Shares are up 320% since then,
making him a billionaire—though he still
bikes to work.
MARCH 31, 2018 FORBES | 81