Les Wexner Net Worth (Updated 2026).

Les Wexner, a name now synonymous with retail, began his career in the most humble of ways. Born and raised in Ohio, he started his first business at the age of 16, selling women’s clothing out of his parents’ basement. This was just the beginning of a journey that would see him become one of the most influential figures in the fashion industry.

Wexner’s big break came in 1963 when he opened his first store, The Limited, in Columbus, Ohio. The store was an instant success, catering to a niche market of young, fashion-conscious women who were looking for affordable, stylish clothing. This marked the start of Wexner’s meteoric rise in the retail world, as he went on to found other successful brands like Express and Victoria’s Secret, revolutionizing the way women shopped for lingerie and making it a mainstream, acceptable experience.

Les Wexner’s Current Net Worth (2025)

As of 2025, Les Wexner’s current net worth is estimated to be around $5.5 billion, according to Forbes. This makes him one of the wealthiest individuals in the United States.

Career

Les Wexner, born in 1937, is an American businessman best known for founding L Brands, the parent company of Victoria’s Secret and Bath & Body Works. He started his career in 1963 with The Limited, a clothing store he opened in Ohio. Over the years, he expanded the business, renaming it L Brands in 2013.

Other Ventures

Wexner’s influence extends beyond retail. He’s a significant philanthropist, donating to various causes through the Wexner Foundation. He’s also involved in real estate, owning properties like the Victoria’s Secret flagship store in New York City and a 15,000-acre ranch in Colorado.

Assets

Wexner’s assets include a significant stake in L Brands, which he stepped down from in 2020. He also owns a collection of art and a private jet. His real estate portfolio includes properties in New York, Ohio, and Colorado, totaling over $100 million.

Annual Income

Wexner’s annual income is not publicly disclosed. However, as of 2020, his compensation from L Brands was over $1 million. His wealth primarily comes from his stake in L Brands and the appreciation of his other assets over time.

Frequently Asked Questions about  Les Wexner

Frequently Asked Questions about Les Wexner

1. What is Les Wexner’s net worth?

Les Wexner’s net worth is estimated to be around $7.3 billion.

2. How did Les Wexner make his fortune?

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

3. When was Les Wexner born?

Les Wexner was born on January 8, 1937.

4. Where did Les Wexner grow up?

Les Wexner grew up in Long Beach, New York.

5. What is Les Wexner’s educational background?

Les Wexner graduated from Ohio State University with a degree in business administration.

6. When did Les Wexner found L Brands?

Les Wexner founded L Brands, then known as The Limited, in 1963.

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

Les Wexner served as the CEO of L Brands from 1963 until 2020, and then as the Executive Chairman until 2021. He stepped down from the board in 2022.

8. What is Les Wexner’s philanthropic work?

Les Wexner and his wife Abigail have been involved in various philanthropic activities, including supporting the Wexner Center for the Arts at Ohio State University and the Wexner Medical Center.

9. What is Les Wexner’s involvement with politics?

Les Wexner has been a significant donor to both Democratic and Republican political campaigns.

10. What is Les Wexner’s current status?

As of 2022, Les Wexner is retired from his role at L Brands and is not involved in the company’s operations.