Who is Leslie Wexner?
Les Wexner was born in September 1937. He started a clothing store in his twenties, called The Limited. It was given this name as it only focused on women’s sportswear. It was a success and in two years’ time, Wexner owned three stores. He is married to Abigail Koppel. They have 4 children (Sarah, Hannah, David, and Harry Wexner).
The Limited continued to grow and in 1969 Wexner took Limited Brands public to finance further expansion. The company is now known as L Brands.
The company continued to expand with acquisitions as Victoria’s Secret (1982) and Abercrombie & Fitch in 1988. The Abercrombie & Fitch brand was sold in 1996. The Limited brand was sold to Sun Capital Partners in 2007.
Wexner Art Collection
He owns one of the largest art collections in the world, including a $40 million Picasso painting. Wexner is the founder of the Wexner Center for the Arts.
Les Wexner Net Worth
He is a billionaire with an estimated net worth of $6 billion. This makes him the wealthiest man in Ohio.
He and his wife Abigail are active philanthropists through their Wexner Foundation. The foundation focuses on the leadership development of Jewish professionals and volunteers in North America and public leaders in Israel.
Frequently Asked Questions (FAQ)
How did Les Wexner get rich?
In his twenties, he used a $5,000 loan to start a clothing store called The Limited. It would grow into one of the biggest fashion retailers. Later he sold the Limited Brand (for $125 million) and started to focus on personal care and beauty.
L Brands now owns Victoria’s Secret and Bath & Body Works.
How much is Lex Wexner worth?
His net worth is $6 billion. His assets include the L Brands company, a collection of art, a superyacht named Limitless and a large Boeing 737 private jet.
Where does Lex Wexner live?
He lives with his wife Abigail Wexner on a large estate in New Albany, Ohio. It’s one of the largest houses in the area.
Abigail S Koppel
Abigail Koppel, the wife of business magnate Leslie Wexner, was born in 1962 and holds a law degree from a New York law school. In the 1990s, she worked as a practicing attorney. In 1993, at the age of 31, Abigail Koppel tied the knot with Lex Wexner, who is a successful American businessman and founder of L Brands. The couple has been married for over two decades and have four children together: Sarah, Hannah, David, and Harry.
Abigail Koppel and her family currently reside in Ohio, where Wexner’s company is headquartered. Known for her philanthropic efforts, Abigail has been actively involved in various charitable organizations over the years. She is particularly passionate about issues related to women and children’s health and has worked with several nonprofits that focus on these areas.
Apart from her charitable work, Abigail Koppel is also a dedicated mother and wife. Despite her husband’s high profile, she has largely stayed out of the public eye and prefers to keep her personal life private. However, her contributions to various causes and her commitment to her family are well-known and highly respected.
Sarah Wexner is the daughter of Leslie Wexner, the founder and former CEO of L Brands, a retail company known for brands such as Victoria’s Secret and Bath & Body Works. While her father is known for his business acumen, Sarah has made a name for herself in a different field: art.
Born in 1998, Sarah Wexner grew up in Ohio and attended the Columbus School for Girls. After completing high school, she went on to study art history at Harvard University, where she earned her degree in 2008. She later received a Master’s degree in the same field from the Courtauld Institute of Art in London.
Today, Sarah Wexner is a rising star in the art world. She is the founder and director of the Sarah Wexner Gallery in Columbus, Ohio, which focuses on contemporary art. The gallery showcases works from emerging artists and aims to provide a platform for new voices in the art world.
In addition to her work with the gallery, Sarah is also actively involved in various art-related organizations. She serves on the board of the Wexner Center for the Arts, which is part of Ohio State University and was founded by her parents. The center is known for its innovative exhibitions and programming, and Sarah’s involvement has helped to shape its direction in recent years.
Despite her busy schedule, Sarah Wexner is known for her down-to-earth personality and commitment to her family. She has a close relationship with her father, who has been supportive of her artistic pursuits, and her siblings.
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