Les Wexner
Leslie H. Wexner is a billionaire American businessman, and the founder and CEO of the L Brands corporation. He has been a political independent since 2018.
- Les Wexner founded and runs L Brands, a global retail empire that includes Victoria’s Secret and Bath & Body Works.
- One of America’s longest-serving CEOs, he has served as the company’s CEO since founding the business more than five decades ago.
- Wexner’s former confidant and financial manager Jeffrey Epstein was accused of sex trafficking; now Wexner says the late Epstein took funds from him.
- 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 $13 billion worth of lingerie, soaps and candles annually across more than 2,900 stores around the world.
