Les Wexner & family

$7.85B

as of 10/04/24

About Les Wexner & family

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 mid 2019 Wexner said the late Epstein took funds from him.

He bought Victoria's Secret for $1 million in 1982, when it was just a small, failing chain of lingerie shops in San Francisco.

Personal stats

Citizenship

United States of America

Source of wealth

Retail

Residence

New Albany, Ohio

Marital status

Married

Birth date

09/08/37 (age 87)

Number of children

Education

Bachelor of Arts/Science, Ohio State University

Self-made

self-made