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Feb 20, 2024 · That left Wexner, whose net worth is about $10 billion, with less than a 2% stake in his former company. Though the 84 year old has largely remained out of the spotlight in recent years, he’s ...
- Who Is Les Wexner?
- How Did Les Wexner Meet Jeffrey Epstein?
- Why Would Les Wexner Give Jeffrey Epstein So Much Control Over His Life?
- Did Jeffrey Epstein Use Victoria’s Secret to Take Advantage of Young Women?
- Has Les Wexner Been Implicated in Jeffrey Epstein’s Alleged Crimes?
The Ohio-born Leslie “Les” Wexner is the billionaire founder of L Brands Inc., the one-time parent company of The Limited, Bath & Body Works, Abercrombie & Fitch, and Victoria’s Secret, the crown jewel of his retail holdings. Wexner bought the lingerie brand in 1982 from its founder Roy Raymond for just $1 million, turning it into a billion-dollar ...
Epstein and Wexner were reportedly introduced in the mid- to late-’80s by a mutual friend, insurance executive Robert Meister. The two became fast allies. In 2003, Epstein told Vanity Fairthat he shared a special bond with Wexner: “People have said it’s like we have one brain between two of us: each has a side.” In Victoria’s Secret: Angels and Dem...
That’s the billion-dollar question that no one—including journalists, former employees, and close friends of Wexner—have been able to answer. Wexner has claimed that giving Epstein power of attorney was strictly a business decision, but Victoria’s Secret: Angels and Demons shows that Epstein was just as involved in Wexner’s personal life. He played...
Epstein never officially worked for Victoria’s Secret, according to a company spokesperson, who told the New York Timesin 2019 that “while Mr. Epstein served as Mr. Wexner’s personal money manager for a period that ended nearly 12 years ago, we do not believe he was ever employed by nor served as an authorized representative of the company.” That d...
Wexner has not been implicated as a co-conspirator in any crimes allegedly committed by Epstein. However, after Ghislaine Maxwell was sentenced to 20 years in prison for helping Epstein sexually abuse underage girls, some are calling for more scrutiny of Epstein’s other associatesincluding Wexner. Victoria’s Secret: Angels and Demons casts Wexner a...
Jul 14, 2022 · Les Wexner is an American billionaire and businessman from Dayton, Ohio. In 1963 with a $5,000 loan from his aunt, he founded Limited Brands (now Bath & Body Works, Inc) and went on to grow a ...
- Molli Mitchell
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Jul 14, 2022 · Last year, Wexner sold the majority of his stake in L Brands for $2 billion, according to Forbes. However, he still has some stake in the company. Forbes says the billionaire now holds less than ...
Jul 22, 2022 · Wexner also began dumping his stake in the company. In July 2021, Forbes reported that Les sold 30 million shares for more than $2 billion. Wexner and his wife walked away with $1.5 billion following capital gains tax cuts. The sale left Wexner with less than 5 million L Brands shares, equating to a less than 2% stake in the company.
Jul 14, 2022 · Where is Les Wexner now? According to Wikipedia, Les is married to Abigail S. Koppel, and the pair have been together since 1993. They share four children and reside in New Albany, Ohio, a community northeast of his original home city, Columbus. Their home is a sprawling 30-room, $47 million, Georgian-inspired estate.
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Who is Leslie Wexner?
Wexner served on the Board of Trustees of Ohio State University from 1988 to 1997. In December 2005, Wexner was appointed to his second term and was elected chairman in 2009. It was announced in June 2012 that Wexner's chairmanship was to end, eight years before his appointment would have ended.
