Kip Fulks Net Worth 2025 – How Successful Is The Entrepreneur?

Kip Fulks happens to be a well-known entrepreneur and business leader, who is best recognised for co-founding Under Armour, one of the world’s top sportswear brands. At 52 years old, he has built a successful career through hard work and innovation. 

With decades of experience in the business world, Kip has also taken on roles as an advisor and speaker, sharing his knowledge with others. His journey from humble beginnings to becoming a major name in the sportswear industry reflects his dedication and business knowledge. If you are keen to know more about his career and success story, we have sorted the details in this post.

Early Life

According to online wiki pages, Kip Fulks was born on 4th January 1973. While his parent’s names are not revealed, we do know that he comes from a military background.

Growing up in the U.S., he developed an interest in sports from a young age. He has a brother named Koby Fulks, who is also a successful businessman and is the founder of Rise Fishing Company.

As far as Kip’s education is concerned, he completed his graduation at the University of Maryland. This is where he met Kevin Plank, his future business partner. During his time in the university, Kip was involved in football.

Beginning Of Career

Kip’s professional journey started after completing his graduation. As a sports enthusiast, he wanted to do something related to the sports industry and that’s what led him co-found Under Armour along with Kevin Plank.

He established the company in 1996, with the mission of manufacturing moisture-absorbing sports T-shirts. The goal was to make sports gear that athletes would find comfortable to wear and keep them dry while playing.

With business knowledge and skills, Kip turned Under Armour into a successful brand. He served as the COO and CMO of the company, helping it to expand operations. In just a few years, the company became a top favourite for athletes.

After stepping down from his position at Under Armour, Kip wanted to do something outside the corporate world. This is when; he conceived the idea of building Big Truck Farm Brewery, a brand that specialises in craft beer. Once again, he implemented his business skills to make the company successful.

Relationship

Coming to Kip Fulks’ personal life, he is married but has not shared the name of his wife. Since there’s no information available about his marriage, it is hard to tell if he has a kid or not.

Despite being private about his personal life, Kip is active on social media, where he has a large base of followers. He often shares glimpses from his daily life on Instagram.

Major Source of Income and Net Worth

As of 2025, Kip Fulks’ net worth is estimated to be around $70 million. His primary source of income comes from his business career, where he has built two successful brands. 

Initially, he generated great profits from Under Armour. Later, he started earning from Big Truck Farm Brewery. These ventures have proved to be highly profitable, adding to his overall wealth.