Leslie Wexner is an American businessman with a net worth of $ 4.8 billion. Leslie Wexner has built a fortune by establishing a profitable conglomerate, Limited Brand Corporation.
Limited Brands owns Victoria’s Secret, Bath and Body Works, and several other retail chains. His name was involved in a large-scale controversy in connection with Jeffrey Epstin. According to court records, he was one of Jeffrey Epstin’s greatest benefactors.
Early Life
You may be surprised to find that both his parents, his mother and father, worked for Les Wexner in his company. His company has been with the Fortune 500 for 30 years and is the longest-serving CEO of any Fortune 500 company. He changed the company name from Limited to L Brands 20 years ago.
Business Empire
Wexner is the CEO and Chairman of Limited Brand Corporation. Leslie “Le” H Wexner was born in Dayton, Ohio in September 1937. He studied business administration at Ohio State University. Wexner attended law school, but dropped out to help his parents run the store.
In 1963, he borrowed $ 5,000 from his aunt to the star clothing store The Limited. In 1969, the Limited brand was listed on the New York Stock Exchange. He is currently the longest-serving CEO of a Fortune 500 company.
Wexner’s businesses include Victoria’s Secret, Bath & Body Works, Henri Bendel, and C.O. It is included. Bigelow, La Senza, Whiteburn Candle Company. Other spin-off brands include Abercrombie & Fitch, Lane Bryant and The Limited Too.
In 2007, Limited was spun off from the Limited brand. Wexner and his mother donated the first $ 1 million to United Way in 1989.
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Contribution To Society
He is considered the wealthiest man in Ohio. He founded the Wexner Foundation in 1984 to strengthen Jewish leadership. In 2004 he received the Woodrow Wilson Award as a corporate citizen. In 2011, he donated $ 100 million to Ohio. This is the largest donation in school history.
Personal Life
Few Of The Hidden Facts About Les Wexner
- Does Les Wexner Smoke? Yes
- Does Les Wexner Drink Alcohol? Yes
- Les Wexner takes great care of his health. Les Wexner eats food before 9 in the night.
- Les Wexner is very fond of playing volleyball and tennis.
- Les Wexner loves watching football.