Les Wexner’s profile picture

Les Wexner

Chairman and CEO, L Brands
Les Wexner’s profile picture
Net worth 2018: $5.91 Billion
Residence: New Albany, Ohio
Country: United States
BirthDay: 8 September 1937
Sigh: Libra
Children: 4
Education: Bachelor of Arts / Science, Ohio State University
BIOGRAPHY

Les Wexner was bornon 8 September 1937 in New Albany, Ohio, United States, is Chairman and CEO, L Brands. Les Wexner is #295 in List Billionaires People In The World. Les Wexner founded and runs L Brands, a global retail empire that includes Victoria's Secret and Bath & Body Works. He has served as the company's CEO since founding the business more than five decades ago. 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. He bought Victoria's Secret for $1 million in 1982, when it was just a small, failing chain of lingerie shops in San Francisco. Today L Brands sells more than $12 billion worth of lingerie, soaps and candles annually across more than 3,000 stores around the world.

NET WORTH STATISTIC
2009

$2 Billion

2010

$2.9 Billion

2011

$3.8 Billion

2012

$4.4 Billion

2013

$5.7 Billion

2014

$6.2 Billion

2015

$7.6 Billion

2016

$6.9 Billion

2017

$6.4 Billion

2018

$5.91 Billion

If you start painting yourself into a corner, life starts shutting down. There is always hopefully a next.

Les Wexner
TIMELINE
2018

Today, this Georgian-themed village inspires comparison to 18th century developments by wealthy aristocrats in England

2016

Few authorized images exist, but photographs of the yacht's interior appear in an October 2016 retrospective of the career of the yacht's interior designer, François Catroux, written by David Netto and published by Rizzoli

2015

In 2015, Wexner donated $500,000 to the Right to Rise USA Super-Pac which supported the 2016 presidential campaign of Jeb Bush

2013

"On December 11, 2013, Wexner was awarded the Women's Wear Daily Beauty Inc Visionary award

2011

On February 16, 2011, Wexner pledged a donation of $100 million to Ohio State, which will be allocated to the University's academic Medical Center and James Cancer Hospital and Solove Research Institute, with additional gifts to the Wexner Center for the Arts and other areas

2010

Wexner was inducted as an honorary member into the 104th Class of SPHINX Senior Class Honorary at The Ohio State University on May 7, 2010

2008

Bush appointed Wexner to serve on the Honorary Delegation to accompany him to Jerusalem for the celebration of the 60th anniversary of the State of Israel in May 2008

2005

In December 2005, Wexner was appointed to his second term and was elected chairman in 2009

2004

On May 11, 2004, Wexner received the Woodrow Wilson Award for Corporate Citizenship at a dinner in Columbus, Ohio

1997

At the time of its construction in 1997, Wexner's Limitless was the largest American-owned private yacht, measuring 315 feet and 8 inches (96

1993

On January 23, 1993, Wexner, then 55 years of age, married Abigail S

1990

He owns a 30-room, $47 million, Georgian inspired estate, on nearly 336 acres (4 km²) in Ohio built in 1990

1989

In 1989, Wexner and his mother Bella were the first to make a $1 million personal donation to the United Way

1988

Wexner was appointed to the board of trustees of Ohio State University and served from 1988 to 1997

1984

In 1984, he established the Wexner Foundation whose goal is to strengthen the field of Jewish leadership

1969

Wexner took Limited Brands public in 1969, listed as LTD on the NYSE

1963

In 1963, Wexner was loaned $5,000 from his aunt to start The Limited (so named because the store focused on a limited amount of merchandise that turned over quickly and had a higher profit margin, unlike his parent's store)

1937

Wexner (born September 8, 1937) is an American billionaire businessman

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