Abercrombie And Fitch Owner Net Worth (Updated 2025).

Mike Jeffries, the founder of Abercrombie & Fitch, began his career in the retail industry in the late 1970s, working his way up from a sales associate at a small clothing store in San Francisco. Born and raised in California, Jeffries’ interest in fashion was ignited at an early age, leading him to pursue a degree in design from the Fashion Institute of Design & Merchandising in Los Angeles. After graduation, Jeffries honed his skills in various retail positions, eventually landing a job at the iconic clothing store, The Limited, where he rose through the ranks to become the president of the company’s retail division.

Mike Jeffries’ Net Worth in 2025

As of 2025, Mike Jeffries, the former CEO and owner of Abercrombie & Fitch, has an estimated net worth of $350 million. He built this fortune primarily through his involvement with the retail company, which he led from 1992 to 2014.

Mike Jeffries’ Career

Mike Jeffries began his career in retail at the age of 16, working at a clothing store in his hometown. He later graduated from Harvard Business School and held various management positions before joining Abercrombie & Fitch in 1977. He served as the company’s CEO from 1992 until his retirement in 2014.

Other Ventures

After leaving Abercrombie & Fitch, Jeffries has not been involved in any other major business ventures. He has, however, served on the board of directors for several companies, including American Eagle Outfitters and Pacific Sunwear.

Assets

Jeffries’ assets include a significant stake in Abercrombie & Fitch, as well as real estate holdings. He owns a home in New Albany, Ohio, and has been known to invest in art and other collectibles. His wealth is primarily tied to his Abercrombie & Fitch stock, which has fluctuated in value over the years.

Annual Income

As a retired executive, Jeffries’ annual income is not publicly disclosed. However, during his time at Abercrombie & Fitch, his compensation was substantial. In 2013, his last full year with the company, he earned a total compensation of $71.7 million, including salary, stock awards, and other forms of compensation.

Frequently Asked Questions about  Abercrombie And Fitch Owner

Frequently Asked Questions: Abercrombie And Fitch Owner Net Worth

1. Who is the current owner of Abercrombie & Fitch?

Leslie Wexner is the current owner and chairman of Abercrombie & Fitch. He founded the company in 1977.

2. How did Leslie Wexner become the owner of Abercrombie & Fitch?

Leslie Wexner started Abercrombie & Fitch as a small clothing store in 1977. Over the years, he expanded the business, turning it into a global retail brand.

3. What is the net worth of Abercrombie & Fitch’s owner, Leslie Wexner?

As of the latest estimates, Leslie Wexner’s net worth is approximately $10 billion.

4. How has Leslie Wexner’s net worth changed over time?

Leslie Wexner’s net worth has fluctuated over the years due to changes in the company’s stock price and other factors. However, he has consistently been one of the wealthiest individuals in the United States.

5. What other businesses is Leslie Wexner involved in besides Abercrombie & Fitch?

Leslie Wexner is also the founder and majority owner of L Brands, a retail holding company that includes brands like Victoria’s Secret, Bath & Body Works, and Pink.

6. How does Leslie Wexner’s net worth compare to other retail billionaires?

Leslie Wexner’s net worth places him among the wealthiest individuals in the retail industry, alongside figures like Amancio Ortega (Zara) and Bernard Arnault (LVMH).

7. What is Leslie Wexner’s philanthropic work like?

Leslie Wexner and his wife, Abigail, are known for their philanthropic efforts. They have donated to various causes, including education, healthcare, and Jewish causes, through their Wexner Foundation.

8. How has the COVID-19 pandemic impacted Leslie Wexner’s net worth?

The COVID-19 pandemic has had a significant impact on the retail industry, including Abercrombie & Fitch and L Brands. However, Leslie Wexner’s net worth has remained relatively stable due to his diverse business interests.

9. What is Leslie Wexner’s role in the #MeToo movement?

Leslie Wexner has been criticized for his involvement with Jeffrey Epstein, a convicted sex offender, and his alleged role in the #MeToo movement. Wexner has denied any wrongdoing and has stated that he was a victim of Epstein’s crimes.

10. What is Leslie Wexner’s approach to business and leadership?

Leslie Wexner is known for his hands-on approach to business and his focus on long-term growth. He has also been recognized for his commitment to diversity and inclusion in the workplace.