Leslie Wexner Net Worth is$2.9 Billion
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Leslie Wexner is a businessman with a net worth of $2.9 billion. Leslie Wexner accumulated his net worth through his building of a conglomerate of stores including Victoria Secret, Bath and Body Works and more, as well as the positions he holds as the CEO and chairman of the Limited Brands Corporation. He was born in Dayton, Ohio U.S.
Leslie "Les" H. Wexner (born September 8, 1937 in Dayton, Ohio) is an American businessman from Columbus, Ohio, and currently chairman and CEO of the Limited Brands corporation.
Wexner was born to Russian Jewish immigrants in Dayton, Ohio. He attended The Ohio State University, majoring in business administration. He became a member of Sigma Alpha Mu fraternity. He briefly attended law school, but left to help his parents run their store in a suburban Columbus, Ohio, shopping center. In 1963, Les Wexner borrowed $5,000 from his aunt to start 'The Limited' (so named because the store focused on clothing for younger women, unlike his parents' general merchandise store). The Limited opened its first store in the Kingsdale Shopping Center in Upper Arlington. Wexner's parents closed their store one year later in 1964, and joined their son at 'The Limited'. Wexner took Limited Brands public in 1969, listed as LTD on the NYSE. Over the years he built a large retailing and marketing conglomerate, which currently includes: Victoria's Secret, Pink (Victoria's Secret), Bath & Body Works, Henri Bendel, C. O. Bigelow, The White Barn Candle Company, and La Senza. Previous brands that have spun off include: Lane Bryant, Abercrombie & Fitch, Lerner New York, The Limited Too (now Tween Brands, Inc.), Structure 9, Aura Science, The Limited (separation from Limited Brands by sale of 75% to Sun Capital Investments, made official as of August 3, 2007), Express (separation from Limited Brands by sale of 75% to Golden Gate Capital, made official as of July 6, 2007). Allegations have been made that Wexner's The Limited Inc. has used slave labor both in the United States and abroad. These charges have been made particularly against Victoria's Secret which is part of The Limited Inc. and owned by Leslie Wexner.
In 1989, Wexner and his mother Bella were the first to make a $1 million personal donation to the United Way. Both their names were inscribed in marble, and are on display in th

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Founding Funders: The story of how American Philanthropy built a Jewish Homeland

The Jim Joseph Foundation, Seth Klarman, Leon Cooperman, Lynn Schusterman, Leslie Wexner, Roger Hertog, and others have also been important contributors. The program now has an extraordinarily wide base of 25,000 individual donors. Birthright’s enormous ...
Posted: October 18, 2016, 10:31 pm

L Brands

Les Wexner took a chance on Columbus as the home of his company and the Region. During his first decade operating a retail business, Les Wexner, founder of The Limited, would hear from naysayers who offered up a common theme—you can’t run a fashion ...
Posted: October 10, 2016, 8:48 pm

Michigan born, OSU hockey forward Nick Schilkey wears scarlet and gray close to the heart

If so, he said he would be as rich as another Buckeye: L Brands owner Les Wexner. The constant questioning will be worth it, however, if Schilkey is successful in his pursuit of a Big Ten championship and the program’s first berth into the NCAA ...
Posted: October 15, 2016, 1:00 am
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