Wexner Net Worth (Updated 2026).
Les Wexner, born in 1937, began his career in the retail industry at a young age. After graduating from Ohio State University with a degree in business administration, he took over his father’s small women’s clothing store in Columbus, Ohio, in 1963. With a keen eye for fashion and a knack for business, Wexner transformed the modest store into a thriving enterprise, eventually renaming it “The Limited” in 1969.
Wexner’s fame began to grow in the 1970s and 1980s as he expanded The Limited, introducing new brands like Express and Lane Bryant. He pioneered the concept of “fast fashion,” bringing the latest trends to consumers quickly and at affordable prices. In 1982, Wexner took The Limited public, and by the late 1980s, it had become one of the largest specialty store retailers in the United States.
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Les Wexner’s Current Net Worth
As of 2025, Les Wexner’s current net worth is estimated to be around $7.5 billion, according to Forbes. This makes him one of the wealthiest people in the world.
Career
Les Wexner is the founder of L Brands, the parent company of brands like Victoria’s Secret, Bath & Body Works, and others. He started his career in the 1960s, opening his first store in Ohio. Over the years, he grew the company into a retail powerhouse, making him a prominent figure in the fashion industry.
Other Ventures
In addition to L Brands, Wexner has also invested in other ventures. He is a co-owner of the Columbus Crew, a Major League Soccer team, and has also invested in real estate. He is known for his philanthropic efforts, having donated millions to various causes, including education and healthcare.
Assets
Wexner’s assets include a majority stake in L Brands, as well as real estate holdings and investments in other companies. His personal residence, a 14,000 square-foot mansion in New Albany, Ohio, is estimated to be worth around $50 million.
Annual Income
As of 2021, Les Wexner’s annual income was reported to be around $10 million, according to Forbes. This includes his salary from L Brands, as well as income from his other ventures and investments.
Frequently Asked Questions about Wexner
**Frequently Asked Questions: Wexner Net Worth**
1. What is Les Wexner’s net worth?
Les Wexner’s net worth is estimated to be around $6.2 billion.
2. How did Les Wexner make his fortune?
Les Wexner made his fortune by founding and building Limited Brands, now known as L Brands, which includes brands like Victoria’s Secret and Bath & Body Works.
3. When was Les Wexner born?
Les Wexner was born on January 8, 1937.
4. Where was Les Wexner born?
Les Wexner was born in Cincinnati, Ohio, USA.
5. What is Les Wexner’s education background?
Wexner graduated from Ohio State University with a degree in business administration.
6. When did Les Wexner start his first business?
Wexner started his first business, a women’s clothing store called The Limited, in 1963.
7. What is Les Wexner’s role in L Brands currently?
As of 2021, Les Wexner serves as the Chairman Emeritus of L Brands.
8. How has Les Wexner’s net worth changed over time?
Wexner’s net worth has fluctuated over the years, with significant increases in the 1990s and early 2000s, followed by a decline during the 2008 financial crisis. It has since recovered and continued to grow.
9. What are some of the philanthropic efforts of Les Wexner?
Wexner is known for his philanthropic efforts, including the Wexner Foundation, which supports Jewish education and leadership development, and the Wexner Center for the Arts at Ohio State University.
10. What is Les Wexner’s political affiliation?
Les Wexner is a registered Democrat.
