Les Wexner
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- Name
- Les Wexner
- Net Worth
- 6 Billion USD
- Birth Date
- 8 September 1937
- Age
- 87
- Country
- United States
- City
- New Albany
- Business
- Fashion & Retail
Les Wexner is a prominent American billionaire known for his significant impact on the retail industry and philanthropy. Born on September 8, 1937, in Dayton, Ohio, Wexner is the founder and former CEO of L Brands, a multinational retail company that includes well-known brands such as Victoria's Secret, Bath & Body Works, and others.
Wexner's entrepreneurial journey began in 1963 when he founded The Limited, a women's clothing store that would later serve as the foundation for L Brands. Under his leadership, The Limited expanded rapidly, pioneering the concept of specialty retailing and revolutionizing the fashion industry with its fast-fashion approach and innovative marketing strategies.
In 1982, Wexner acquired Victoria's Secret, a lingerie retailer that would grow to become one of the most iconic brands in the world of intimate apparel. He expanded Victoria's Secret into a global powerhouse, known for its annual fashion shows and widely recognized lingerie collections.
Beyond his business achievements, Les Wexner is also known for his philanthropic efforts. He has donated generously to educational institutions, healthcare organizations, and cultural initiatives. Wexner and his wife, Abigail, established the Wexner Foundation, which supports leadership development programs and initiatives that promote social change and community improvement.
In addition to his business and philanthropic endeavors, Wexner has been involved in civic leadership roles and has received numerous awards and honors for his contributions to business and society. Despite stepping down as CEO of L Brands in 2020, Wexner's legacy as a retail pioneer and philanthropist continues to leave a lasting impact.
Les Wexner's vision and leadership have played a pivotal role in shaping the retail landscape and establishing enduring brands recognized worldwide. His commitment to philanthropy underscores his dedication to giving back and making a positive difference in communities, further solidifying his legacy as a prominent figure in American business and society.
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