Lex Wexner Net Worth (Updated 2026).

Lex Wexner, a name synonymous with retail success, began his career in the early 1960s with a simple idea and a $5,000 loan from his father. Born and raised in Columbus, Ohio, Wexner opened his first store, “The Limited,” in 1963, focusing on women’s clothing at a time when department stores dominated the market.

Wexner’s innovative approach to retailing, including private label brands and a focus on affordable, high-quality clothing, quickly gained traction. By the late 1970s, “The Limited” had expanded to over 100 stores, and in 1982, Wexner took the company public, making it one of the largest specialty retail chains in the country. This marked the beginning of Wexner’s rise to fame in the retail industry.

Lex Wexner’s Current Net Worth

As of 2025, Lex Wexner’s net worth is estimated to be around $7 billion, according to Forbes. This figure is subject to change and is based on the latest available information.

Lex Wexner’s Career

Lex Wexner, born in 1937, is an American businessman and the founder of L Brands, a retail holding company. He started his career in the 1960s, opening his first fashion store, The Limited, in Ohio. Wexner expanded his business over the years, acquiring and launching several brands like Victoria’s Secret, Bath & Body Works, and Abercrombie & Fitch.

Other Ventures

Besides L Brands, Wexner has been involved in various other ventures. He is a significant investor in the luxury retailer, Tiffany & Co., and has also invested in real estate. Wexner’s philanthropic efforts include supporting education, healthcare, and arts initiatives through the Wexner Foundation and the Wexner Center for the Arts at Ohio State University.

Assets

Lex Wexner’s assets include a significant stake in L Brands, which houses brands like Victoria’s Secret and Bath & Body Works. He also owns a stake in Tiffany & Co. and has investments in real estate. Wexner’s personal art collection is another notable asset, featuring works by renowned artists like Andy Warhol and Roy Lichtenstein.

Annual Income

Lex Wexner’s annual income is not publicly disclosed. However, as the former CEO and largest shareholder of L Brands, his compensation has varied over the years. In 2019, his last year as CEO, Wexner’s total compensation was reported to be around $100 million, including salary, stock awards, and other forms of compensation.

Frequently Asked Questions about  Lex Wexner

Frequently Asked Questions: Lex Wexner Net Worth

1. What is Lex Wexner’s net worth?

Lex Wexner’s net worth is estimated to be around $7 billion.

2. How did Lex Wexner make his fortune?

Lex Wexner made his fortune by founding and building L Brands, a retail holding company that owns brands like Victoria’s Secret, Bath & Body Works, and others.

3. When was L Brands founded?

L Brands was founded in 1963, originally as The Limited, Inc.

4. How old is Lex Wexner?

Lex Wexner was born on February 8, 1937, making him 85 years old as of 2022.

5. Where was Lex Wexner born?

Lex Wexner was born in New York City, New York, USA.

6. What is Lex Wexner’s educational background?

Lex Wexner graduated from Ohio State University with a Bachelor of Science degree in business administration.

7. What is Lex Wexner’s role at L Brands?

Lex Wexner served as the CEO of L Brands from 1963 until 2020. He then became the Executive Chairman of the company until 2021.

8. What happened to L Brands in 2021?

In 2021, L Brands was spun off into two separate publicly traded companies: Bath & Body Works and Victoria’s Secret & Co.

9. What is Lex Wexner’s philanthropic work like?

Lex Wexner and his wife Abigail have been involved in various philanthropic efforts, including supporting the Wexner Center for the Arts at Ohio State University and the Columbus Museum of Art.

10. What is Lex Wexner’s political affiliation?

Lex Wexner has been a significant donor to both Democratic and Republican political campaigns, indicating a bipartisan approach to politics.