Les Wexner & family
$8.8B
Born
Sep 08, 1937
Age
88
Source of Wealth
Retail
Residence
New Albany, Ohio
Citizenship
United States
Marital Status
Married
Children
4
Education
Bachelor of Arts/Science, Ohio State University
- Les Wexner founded L Brands, a global retail empire that included Victoria's Secret and Bath & Body Works, and served as CEO for more than 5 decades.
- Wexner announced in 2020 that he would step down and sell a majority stake in Victoria's Secret for $525 million to a private equity firm.
- Wexner got his start in 1963, when he used a $5,000 loan from his aunt to open The Limited, which sold only fast-moving items like shirts and pants.
- His ex-confidant and financial manager Jeffrey Epstein was accused of sex trafficking. In 2019, Wexner said the late Epstein stole funds from him.
- Wexner bought Victoria's Secret for $1 million in 1982, when it was just a small, failing chain of lingerie shops in San Francisco.
- Wexner collects Picasso paintings and vintage Ferraris, and has a 300-foot yacht, appropriately named Limitless.
- Wexner has donated nearly a quarter of a billion dollars to institutions in Ohio, including Ohio State University's Wexner Medical Center.
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