Age, Biography and Wiki

Les Wexner (Leslie Herbert Wexner) was born on 8 September, 1937 in Dayton, Ohio, U.S., is an American businessman (born 1937). Discover Les Wexner's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 86 years old?

Popular As Leslie Herbert Wexner
Occupation Businessman
Age 86 years old
Zodiac Sign Virgo
Born 8 September, 1937
Birthday 8 September
Birthplace Dayton, Ohio, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 8 September. He is a member of famous Chairman with the age 86 years old group.

Les Wexner Height, Weight & Measurements

At 86 years old, Les Wexner height not available right now. We will update Les Wexner's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Les Wexner's Wife?

His wife is Abigail S. Koppel (m. 1993)

Family
Parents Not Available
Wife Abigail S. Koppel (m. 1993)
Sibling Not Available
Children 4

Les Wexner Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Les Wexner worth at the age of 86 years old? Les Wexner’s income source is mostly from being a successful Chairman. He is from United States. We have estimated Les Wexner's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Chairman

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Timeline

1937

Leslie Herbert Wexner (born September 8, 1937) is an American billionaire businessman, the founder and chairman emeritus of Bath & Body Works, Inc. (formerly Limited Brands).

Wexner grew a business empire after starting The Limited, a clothing retailer, and later expanded his holdings to include Victoria's Secret, Abercrombie & Fitch, Express, Inc., and Bath & Body Works.

Leslie Wexner was born in Dayton, Ohio, on September 8, 1937, to parents Bella née Cabakoff (1908–2001) and Harry Louis Wexner (1899–1975).

Both his parents were of Russian-Jewish origin.

His father was born in Russia and his mother was born in Williamsburg, Brooklyn.

She moved to Columbus, Ohio as a toddler.

Wexner has a younger sister, Susan.

Wexner attended Bexley High School and Ohio State University.

1959

He initially expressed an interest in architecture but graduated in 1959 with a major in business administration.

While a student at Ohio State University, he joined the Sigma Alpha Mu fraternity.

Wexner served in the Air National Guard.

He briefly attended the Moritz College of Law.

Wexner began his retail career working in his parents' clothing store, "Leslie's", which had been named after him.

According to Wexner, he began working at his parents' store so they could take a vacation.

Wexner analyzed the sales and inventory, identifying the most and least profitable items.

When his father refused to adjust the inventory, Wexner decided to open his own store.

1960

A. Alfred Taubman served as a mentor for Wexner, starting in the mid 1960s, and the two partnered on many deals involving Taubman's shopping malls.

1963

In 1963, Wexner's aunt lent him $5,000 which he combined with a matching loan from a bank in order to start The Limited.

The store took its name from its focus on moderately priced merchandise, such as skirts, sweaters and shirts, that sold quickly and quickly generated revenue.

Wexner opened the first store on August 10, 1963, in the Kingsdale Shopping Center in Upper Arlington, Ohio, a suburb of Columbus.

One year later, Wexner's parents closed their store and joined their son in running The Limited.

1964

He opened the second Limited store in August 1964.

1969

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

1970

Wexner expanded The Limited considerably in the 1970s, having opened the 100th store in 1976.

1978

He took on significant debt in 1978 to purchase the importer and manufacturer Mast Industries, which provided him with essential business advantages over competitors.

1980

In the 1980s, Wexner doubled his retail holdings by purchasing other companies and became known as a major retail owner at malls in America.

1982

Most notably, he acquired the lingerie business Victoria's Secret in 1982.

Started as an MBA project by Stanford graduate Roy Raymond, Victoria's Secret attracted Wexner's interest due to the unique, high quality merchandise and Victorian-era decor of the shop which featured red-velvet sofas.

Wexner described Raymond as "very guarded", stating, "When I met him, it was as if he met the devil."

Six months later, when Raymond was facing bankruptcy, he contacted Wexner and offered to sell Victoria's Secret.

1987

Wexner retained Jeffrey Epstein as his financial manager from 1987 to 2007 and was initially the “main client” of Epstein’s money-management firm, according to Bloomberg.

Epstein ran his business out of a house Wexner owned and sometimes resided in while CEO of Victoria's Secret.

1992

Wexner bought the company for $1 million and by 1992.

it was worth an estimated $1 billion.

After Wexner assumed ownership, Victoria's Secret became widely known for marketing its items with the use of super models featured in an annual fashion show, overseen by Ed Razek.

1993

In 1993, Wexner hired Len Schlesinger, a Harvard Business School professor, whom he later appointed as a company director, to advise him.

Over the years, Wexner built L Brands, a retailing and marketing conglomerate that included Victoria's Secret, Pink (Victoria's Secret for teens), Bath & Body Works, Henri Bendel, The White Barn Candle Company, and La Senza.

Previous brands that were spun off include Lane Bryant, Abercrombie & Fitch, Lerner New York, The Limited Too (now Tween Brands, Inc.), Structure 9, Aura Science, The Limited (which closed its brick-and-mortar stores while retaining its online presence), and Express (which closed its Canadian stores and hundreds of its U.S.-based stores).

2012

In 2012, CNN Money described Wexner as the longest serving CEO of a Fortune 500 company.

2015

By 2015, sales were in decline and 2018 was the final year for the Victoria's Secret Fashion Show.