Dennis James “Chip” Wilson's investment in China's Anta Sports Products has paid off handsomely. The billionaire founder of Lululemon had paid $100 million to buy a 0.59 percent stake in the big and fast-growing Chinese company in May 2018. Shares in the Chinese company have risen strongly since then, along with its results, boosting Wilson's investment by 32 percent and making him a cool $32.3 million profit in the last three months. The company's market capitalization stood at HK$ 168.2 billion (€19.5bn-$21.5bn) on Sept. 10. Wilson made his investment in Anta after taking a share of 20.7 percent in the consortium led by Anta that acquired Amer Sports.
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