While many CEOs are shouting about their increased efforts to ramp up diversity across their business one founder is promoting the exact opposite.

Lululemon’s billionaire founder Chip Wilson insists that exclusivity trumps inclusivity while blasting the posh leggings company he stepped down from 10 years ago.

“They’re trying to become like the Gap, everything to everybody,” Wilson, who has an estimated net worth of $8.7 billion, said in an interview with Forbes.

Here is another picture.
Does this work?

The richest Americans collectively gave a total of $3.5 billion in 2023 to universities, scientific research institutes, a health care system, a family foundation and a racial justice group, according to the Chronicle of Philanthropy’s annual list of the year’s biggest charitable donations.