Bloomberg Billionaires Index

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# 228 Les Wexner $9.22B

Random fact: Served in the Air National Guard after graduating from college.


Wexner is the founder of L Brands, the former co-owner of around 2,700 women's apparel and beauty stores. The Columbus, Ohio-based changed its name to Bath & Body Works in 2021 when it spun-off its Victoria's Secret chain. Bath & Body Works reported revenue of $11.1 billion in the year to Jan. 29, 2022.

As of :
Last change +$22.4M ( +0.2%)
YTD change +$363M ( +4.1%)
Biggest asset Cash
Country / Region United States
Age 85
Industry Retail
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Les Wexner's net worth of $9.22B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Wexner's fortune is derived from the proceeds of investments in L Brands, the retailer that changed its name to Bath & Body Works in 2021. L Brands had about 2,700 company-owned stores prior to its re-organization, according to its website.

Wexner controls almost 2% of the Bath & Body Works' shares directly, according to a July 20, 2021 company filing. Earlier that month, he sold about 30 million of his 35 million shares to investors and the company, according to a company prospectus.

The value of his cash investments is based on an analysis of dividends, insider transactions, taxes, charitable giving and market performance.

Tammy Roberts Myers, a spokeswoman for Wexner, declined to comment on the billionaire's net worth.


Family: Married, 4 children

Leslie Wexner was born to Russian immigrants on Sept. 8, 1937 in Dayton, Ohio. They owned and ran Leslie's, a small shop in downtown Columbus. He graduated from Ohio State University in 1959, and served in the Air National Guard, according to a biography on the company's website. After that, he worked at the family's shop.

Wexner started Limited Brands in 1963 as a single store in the Kingsdale Shopping Center in Columbus. It had sales of $160,000 in its first year. He started the business as a specialty retailer focusing on apparel and grew annual sales to more than $13 billion in 2019. The company, now known as L Brands, also sells lingerie and beauty products.

The billionaire vacated his position as chairman of L Brands in 2020. In the same year, the company sold a controlling stake in Victoria's Secret to Sycamore Partners.

Wexner has four children with his wife, Abigail.

  • 1937 Leslie H. Wexner is born in Dayton, Ohio.
  • 1959 Graduates from the Ohio State University with a bachelor's degree.
  • 1963 The Limited opens its first store in Kingsdale Mall in Columbus, Ohio.
  • 1969 Sells shares in an initial public offering at $7.25 a share.
  • 1982 Buys Victoria's Secret store and catalog for $1 million.
  • 1985 Acquires Lerner 798 stores and one Henri Bendel boutique.
  • 1990 First Bath & Body Works store opens in Boston.
  • 2011 Donates $100 million to the Ohio State University.