LES WEXNER • Net Worth $9 Billion • House • Yacht • Jet privé • Marques L
Leslie Wexner: The Man Behind The Limited, L Brands and Victoria’s Secret
Leslie “Les” Wexner is an American billionaire businessman, retail pioneer, philanthropist, art collector, and founder of Le limité, the company that later became Marques limitées et puis L Marques. Born on September 8, 1937, in Dayton, Ohio, Wexner built one of the most influential retail empires in American history.
He opened his first women’s sportswear store, Le limité, in 1963. From that single store, he created a retail group that at different times included le secret de Victoria, Bath & Body Works, Abercrombie & Fitch, Lane Bryant, Lerner New York, Henri Bendel, Express, La Senza, and other brands.
Wexner stepped down as chairman and CEO of L Brands in 2020 after more than five decades leading the company. In 2021, L Brands completed the separation of Victoria’s Secret & Co. depuis Bath & Body Works, Inc., ending the old L Brands structure.
Il est marié à Abigail S. Wexner, a lawyer, philanthropist, civic leader, and founder of The Center for Family Safety and Healing. Together they have four children: Sara, Hannah, David, et Harry Wexner.
Wexner is also known as the owner of the 96-meter Lürssen yacht LIMITLESS.
Points clés à retenir
- Leslie Wexner founded The Limited in 1963 and built it into one of America’s most important specialty retail groups.
- The Limited later became Limited Brands and then L Brands.
- Wexner bought Victoria’s Secret in 1982 for about $1 million and transformed it into a global lingerie and beauty brand.
- He also built Bath & Body Works into a major personal care and home fragrance retailer.
- Wexner stepped down as CEO and chairman of L Brands in 2020 and became chairman emeritus.
- In August 2021, L Brands split into two separate public companies: Victoria’s Secret & Co. and Bath & Body Works, Inc.
- Forbes currently lists Les Wexner & family on its 2026 billionaires list, while Bloomberg estimates his fortune at about $11.2 billion.
- Wexner remains one of the richest people in Ohio and one of the most successful retail entrepreneurs in U.S. history.
- He is married to Abigail S. Wexner, an attorney, philanthropist, and civic leader.
- Abigail S. Koppel is the founder and chair of The Center for Family Safety and Healing and has served in major leadership roles at Nationwide Children’s Hospital.
- The Abigail Wexner Research Institute at Nationwide Children’s Hospital is named in her honor.
- Les and Abigail Wexner are major philanthropists through The Wexner Foundation and other family charitable funds.
- Les Wexner owns the 96-meter Lürssen yacht LIMITLESS.
Birth of a Retail Empire: The Limited
Les Wexner started his retail career after noticing that traditional department stores were trying to sell too many categories to too many customers. He believed a store focused on a narrower selection of women’s sportswear could be more efficient, more fashionable, and more profitable.
In 1963, with money borrowed from his aunt, he opened Le limité in Columbus, Ohio. The name reflected the store’s focus on a limited selection of fast-moving women’s clothing.
The concept worked quickly. Within a few years, The Limited expanded to multiple stores, and in 1969 the company went public. Wexner used the public market to fund rapid growth, turning The Limited into one of the defining American mall retailers of the 1970s, 1980s, and 1990s.
From Limited Brands to L Brands
The Limited became the foundation of a much larger retail empire. Wexner’s strategy was to build or acquire focused specialty brands, scale them nationally, and manage them with tight merchandising discipline.
The company later became Marques limitées et puis L Marques. At its peak, the group controlled some of the most recognizable names in American retail.
Over time, the company sold or spun off many brands. The original Limited brand was sold to Sun Capital Partners in 2007. Abercrombie & Fitch, Express, Lane Bryant, Henri Bendel, La Senza, and other businesses were also sold, separated, or closed as the group became increasingly focused on Victoria’s Secret and Bath & Body Works.
Victoria’s Secret: Wexner’s Most Famous Acquisition
In 1982, Wexner acquired le secret de Victoria for about $1 millions. At the time, it was a small San Francisco-based lingerie business with a catalog and a handful of stores.
Wexner transformed Victoria’s Secret into a national and then global brand. Under L Brands, Victoria’s Secret became famous for its glamorous stores, catalog, beauty products, PINK brand, and the Victoria’s Secret Fashion Show.
For years, the brand dominated the U.S. lingerie market and became one of the most profitable parts of Wexner’s retail empire. However, by the late 2010s, Victoria’s Secret faced falling sales, criticism of its brand image, changing consumer preferences, and controversy surrounding the company’s culture and leadership.
Bath & Body Works
Wexner also created and grew Bath & Body Works, which opened its first store in 1990. The brand became a major retailer of personal care products, fragrances, candles, soaps, lotions, and home scent products.
After L Brands separated Victoria’s Secret in 2021, the remaining public company changed its name to Bath & Body Works, Inc. and trades under the ticker BBWI.
Bath & Body Works remains one of the most successful survivors of the former L Brands empire.
The 2021 Split: Victoria’s Secret and Bath & Body Works
In 2020, L Brands tried to sell a majority stake in Victoria’s Secret to Sycamore Partners, but that transaction was canceled during the COVID-19 pandemic.
In 2021, L Brands instead separated Victoria’s Secret into an independent public company. On August 3, 2021, Victoria’s Secret & Co. began trading as a separate public company under the ticker VSCO. The remaining company changed its name from L Brands to Bath & Body Works, Inc. and trades under BBWI.
This split formally ended the L Brands conglomerate that Wexner had built over decades.
Les Wexner’s Net Worth
Les Wexner’s valeur nette has been estimated in the multi-billion-dollar range for decades. Forbes lists Les Wexner & family on its 2026 billionaires list, while Bloomberg estimates his fortune at about $11.2 billion.
His wealth comes from decades of retail ownership, public-company shareholdings, private investments, real estate, art, and other assets.
Older estimates placed his fortune closer to $6 milliards, but current billionaire-index estimates are higher, reflecting public equity values, private holdings, and family wealth.
Art Collection and the Wexner Center for the Arts
Les Wexner is known for his major art collection, which has included works by Pablo Picasso, Jean Dubuffet, Alberto Giacometti, Edgar Degas, and other important artists.
He has also been a major supporter of the arts in Ohio. The Centre Wexner pour les arts at The Ohio State University is named in honor of his father, Harry Wexner.
The Wexner Center is known for contemporary art, film, performing arts, exhibitions, and public programming. It remains one of the most visible cultural institutions connected to the Wexner family.
Philanthropy and the Wexner Foundation
Les and Abigail Wexner are major philanthropists. Their giving has supported Jewish leadership, education, healthcare, arts, civic institutions, public safety, children’s welfare, medical research, and community development.
Le Fondation Wexner, founded in 1985, is focused on leadership development for Jewish professionals, volunteers, and public leaders in North America and Israel. The foundation’s programs have trained and connected thousands of leaders across Jewish communal life, nonprofit work, public service, and philanthropy.
The Wexner family has also made major gifts to The Ohio State University, Nationwide Children’s Hospital, the Columbus Foundation, and other Ohio institutions.
Abigail S. Koppel
Abigail S. Wexner, born Abigail S. Koppel in 1962, is an American attorney, philanthropist, civic leader, and the wife of Les Wexner. She married Les Wexner on January 23, 1993, and the couple have four children: Sara, Hannah, David, et Harry Wexner.
Abigail Wexner earned a law degree and worked as an attorney before becoming deeply involved in philanthropy, healthcare, education, family safety, and civic leadership.
She is the CEO of Whitebarn Associates, a private investment company. She has served on the boards of Nationwide Children’s Hospital, The Wexner Foundation, The Journey Foundation, KIPP Columbus, et le United States Equestrian Team Foundation.
Abigail Wexner and Nationwide Children’s Hospital
Abigail Wexner has been one of the most important civic leaders connected to Nationwide Children’s Hospital in Columbus, Ohio.
She joined the hospital’s board in 1993 and served as board chair from 2005 to 2012. During her leadership, Nationwide Children’s completed one of the largest pediatric hospital expansions in the United States and strengthened its national reputation in children’s healthcare and research.
In 2019, the hospital’s research institute was renamed the Abigail Wexner Research Institute in recognition of her long-term leadership, advocacy, and support. The institute is one of the largest pediatric research centers in the United States and supports work in genetics, neuroscience, cancer, immunology, infectious disease, injury prevention, and other fields.
The Center for Family Safety and Healing
Abigail Wexner is the founder and chair of The Center for Family Safety and Healing at Nationwide Children’s Hospital. The center focuses on child abuse and neglect, domestic violence, teen dating abuse, elder abuse, and family violence prevention.
In 2019, the Wexner Family Charitable Fund donated $20 millions to support The Center for Family Safety and Healing. The gift strengthened the center’s work in prevention, treatment, advocacy, training, and community support.
Abigail Wexner’s work in this area is one of the most important parts of her public legacy.
Abigail Wexner and Education
Abigail Wexner is a founding board member of KIPP Columbus, part of the national KIPP public charter school network. KIPP Columbus serves students in central Ohio and focuses on college preparation, character development, and long-term educational opportunity.
She has also supported leadership education, civic programs, and Jewish education through The Wexner Foundation and related charitable work.
Equestrian Activities and the New Albany Classic
Abigail Wexner is also known for her involvement in equestrian sport. For many years, the Wexner family hosted the New Albany Classic Invitational Grand Prix & Family Day at their estate in New Albany, Ohio.
The event raised money for The Center for Family Safety and Healing and became one of the major equestrian and philanthropic events in central Ohio. In 2018, Abigail Wexner announced the end of the event, citing changes in the equestrian competition calendar.
The Wexner Family
Les and Abigail Wexner have four children: Sara, Hannah, David, et Harry Wexner. The family is based in New Albany, Ohio, the planned community northeast of Columbus that Wexner helped develop and shape over several decades.
The Wexners are known for keeping their family life private, despite Les Wexner’s long public career and Abigail Wexner’s civic leadership.
Sarah Wexner
Sarah Wexner is one of Les and Abigail Wexner’s children. Some online profiles have incorrectly described her as born in 1998 while also claiming that she graduated from Harvard in 2008, which is not consistent.
Because reliable public information about the Wexner children is limited, it is best to avoid overly specific claims about Sarah’s education or career unless directly verified by a reliable source.
The Wexner children generally keep a low public profile compared with their parents.
New Albany Estate
Les and Abigail Wexner live in New Albany, Ohio, a community northeast of Columbus. Their estate is one of the most prominent private residences in Ohio and has been described as a Georgian-inspired property set on hundreds of acres.
Wexner played a central role in the development of New Albany, helping transform it into a planned community known for large homes, Georgian architecture, schools, green space, and corporate campuses.
Yacht LIMITLESS
Les Wexner is the owner of the 96.25-meter yacht LIMITLESS. Construit par Lürssen in Germany and delivered in 1997, LIMITLESS was one of the largest private yachts in the world at the time of her launch.
Le yacht a été conçu par Jon Bannenberg et Jonathan Quinn Barnet, avec des intérieurs de François Catroux. She is notable for being one of the first large yachts to use a combined diesel and diesel-electric propulsion system.
LIMITLESS measures approximately 96 meters and has a beam of about 12.5 meters. She is powered by Caterpillar engines and can reach a top speed of around 25 nœuds, making her unusually fast for a yacht of her size.
She is valued at around $100 millions, avec des coûts de fonctionnement annuels estimés à environ $10 millions.
Jet privé
Les Wexner has also been linked to a Avion d'affaires Boeing 737. Large private aircraft are often used by billionaire families for international travel, business, philanthropy, and yacht-related movements.
As with many private aircraft, ownership can be held through corporate structures, so public aircraft details should be treated carefully unless confirmed by current registry data.
Epstein Controversy
Any modern profile of Les Wexner should also mention his past relationship with Jeffrey Epstein. Epstein served as Wexner’s financial adviser and power-of-attorney holder for many years.
After Epstein’s crimes became widely public, Wexner said that Epstein had misappropriated large sums of money from him and his family. The relationship has been heavily scrutinized in books, documentaries, lawsuits, and media investigations.
Wexner has denied knowledge of Epstein’s criminal conduct. However, his long association with Epstein remains one of the most controversial parts of his public legacy.
Ohio State and Recent Legal Scrutiny
In recent years, Wexner’s name has also appeared in reporting connected to Ohio State University and the Richard Strauss abuse scandal. Some alumni and survivors have called for more transparency about the university’s historic ties to Wexner and other donors.
In February 2026, a federal judge ordered Wexner to attend a deposition in litigation connected to the Strauss abuse case after an earlier attempt to quash a subpoena. This matter is separate from his retail career but has become part of the broader public discussion around philanthropy, institutional influence, and accountability.
FAQ Les Wexner
What contributed to Les Wexner’s wealth?
Les Wexner built his wealth through retail. He founded The Limited in 1963 and later built Limited Brands / L Brands into a retail empire that included Victoria’s Secret, Bath & Body Works, Abercrombie & Fitch, Express, Henri Bendel, Lane Bryant, and other brands.
Does L Brands still exist?
No. In 2021, L Brands separated Victoria’s Secret into an independent public company and changed its own name to Bath & Body Works, Inc..
What is Leslie Wexner’s net worth?
Wexner’s net worth is estimated in the multi-billion-dollar range. Bloomberg has estimated Les Wexner at about $11.2 billion, while Forbes lists Les Wexner & family on its 2026 billionaires list.
Who is Abigail S. Wexner?
Abigail S. Wexner, born Abigail Koppel, is an attorney, philanthropist, civic leader, CEO of Whitebarn Associates, founder and chair of The Center for Family Safety and Healing, and former chair of Nationwide Children’s Hospital.
Where does Leslie Wexner live?
Les and Abigail Wexner live in New Albany, Ohio, where they own a large private estate.
Does Les Wexner own a yacht?
Yes. Les Wexner owns the 96-meter Lürssen yacht LIMITLESS.
Conclusion
Leslie Wexner is one of the most important retail entrepreneurs in American history. From one store called The Limited, he built a multi-brand empire that shaped shopping malls, lingerie retail, beauty, personal care, and specialty fashion for decades.
His legacy is complex. It includes extraordinary business success, major philanthropy, cultural institutions, healthcare leadership through Abigail S. Wexner, and the development of New Albany, Ohio. It also includes controversy over Victoria’s Secret’s decline and his long relationship with Jeffrey Epstein.
Together, Les and Abigail Wexner remain major figures in business, philanthropy, healthcare, Jewish leadership, Ohio civic life, and the superyacht monde.
Sources
- forbes.com/profile/les-wexner
- bloomberg.com – Les Wexner profile
- bbwinc.com – Bath & Body Works completes separation of Victoria’s Secret
- victoriassecretandco.com – company FAQs
- wexnerfoundation.org – Abigail S. Wexner
- wexnerfoundation.org – Wexner philanthropic legacy
- nationwidechildrens.org – Wexner family gift to The Center for Family Safety and Healing
- nationwidechildrens.org – Abigail Wexner Research Institute
- kipp.org – Abigail S. Wexner profile
- cityscenecolumbus.com – Abigail Wexner and The Center for Family Safety and Healing
- time.com – Victoria’s Secret, Wexner and Epstein documentary background
- vanityfair.com – Wexner and Epstein reporting
- ohiocapitaljournal.com – Ohio State and Wexner name controversy
- yachtbuyer.com – LIMITLESS yacht profile
- superyachtfan.com/yacht/limitless
- superyachtfan.com/yacht/limitless/owner
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Maison Les Wexner
Il vit avec son épouseAbigail Wexner sur un grand domaine à Nouvelle-Albany, Ohio. C'est l'une des plus grandes maisons du quartier. Il possédait autrefois le domaine original de Palm Beach, maintenant connu sous le nom de Maison de L'Amitie (et détenu par le milliardaire russeDmitri Rybolovlev). Rybolovlev a payé US$ 95 millions pour la maison.
New Albany, dans l'Ohio, est une ville réputée pour son style de vie aisé et ses vastes paysages pittoresques. En tant que communauté planifiée, elle possède des quartiers immaculés bordés d'architecture de style géorgien et est réputée pour l'accent mis sur les activités culturelles et éducatives. Réputée comme l'une des banlieues les plus riches de la région de Columbus, elle abrite des résidents notables comme le milliardaire Wexner. La ville se caractérise par son engagement envers la participation communautaire, la promotion d'une gamme d'événements et de festivals tout au long de l'année. Au total, New Albany offre un cadre de vie de grande qualité marqué par un fort sentiment d'appartenance, des écoles exceptionnelles et un riche patrimoine culturel.
Yacht sans limite
Il est le propriétaire du Lurssen moteur yacht sans limite. Le yacht arbore le drapeau américain.
Construit par le célèbre constructeur de yachts allemand, Lürssen, Limitless présente des éléments de conception issus de l'esprit créatif de Jon Bannenberg.
Équipé de deux Moteurs Caterpillar et doté d'une combinaison de propulsion diesel et diesel-électrique, le Yacht sans limites peut atteindre des vitesses allant jusqu'à 25 nœuds.
Les espaces intérieurs, conçus par le célèbre designer François Catroux, reflètent une philosophie d'opulence et de confort, adaptée à la propriété de haut niveau du yacht.
Wexner possède un Boeing 737 BBJ de 1999jet privé, avec immatriculation N500LS. Le jet est officiellement enregistré auprès d'une société nommée Hayes Productions LLC, basée à l'adresse de L Brands dans l'Ohio. L'avion peut accueillir 18 passagers.
Boeing 737 BBJ
Le Boeing BBJ (Boeing Business Jet) est une série d'avions d'affaires basés sur le célèbre avion de ligne commercial Boeing 737. La série BBJ offre une combinaison unique de portée, de vitesse et de confort pour une utilisation professionnelle et privée. Les jets sont conçus pour les voyages d'affaires et VIP et comprennent généralement des équipements de luxe tels que des chambres privées, des salles de conférence et des salons.
La série BBJ a une portée plus longue que la plupart des autres jets d'affaires, permettant des vols sans escale vers des destinations à travers le monde. Les jets disposent également d'une cabine spacieuse, avec de hauts plafonds et de grandes fenêtres, offrant aux passagers un environnement de voyage confortable et bien aménagé.
Boeing a continué d'investir dans la série BBJ, proposant de nouveaux modèles et des mises à niveau qui améliorent encore ses capacités et son confort. Le BBJ est largement considéré comme l'un des meilleurs jets d'affaires disponibles et est utilisé par les entreprises, les gouvernements et les particuliers du monde entier.
Le prix d'un Boeing BBJ peut varier considérablement en fonction de plusieurs facteurs, notamment le modèle spécifique, l'âge et la configuration de l'avion. En moyenne, le coût d'un nouveau BBJ peut aller de $70 millions à $100 millions ou plus.
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