Worried2Death
Contributor
Terrific guyLes Wexner, born on September 8, 1937, is a prominent American businessman and philanthropist known for founding L Brands (formerly Limited Brands), a retail company that includes well-known brands such as Victoria's Secret, Bath & Body Works, and others. Here is a brief overview of Les Wexner's background and career:
1. Early Life and Education: Les Wexner was born in Dayton, Ohio, to Russian-Jewish immigrant parents. He attended The Ohio State University, where he studied business administration. Wexner showed early entrepreneurial skills by starting a student business selling toiletry kits to fellow students.
2. The Start of Limited Brands: In 1963, at the age of 26, Wexner founded The Limited, a women's clothing store in Columbus, Ohio. The success of The Limited led to the rapid expansion of the company and the creation of other popular brands such as Victoria's Secret, Express, Bath & Body Works, and more. Wexner's innovative retail strategies and focus on branding helped establish Limited Brands as a major player in the retail industry.
3. Philanthropy: Les Wexner is known for his philanthropic activities and has made significant donations to various causes and organizations. He has supported education, healthcare, the arts, and Jewish organizations. Wexner founded The Wexner Foundation, which focuses on developing Jewish communal leaders and strengthening Jewish philanthropy.
4. Personal Life: Les Wexner is married to Abigail Wexner, and they have four children. The Wexners are known for their involvement in various charitable initiatives and community projects.
5. Controversies: Wexner's association with Jeffrey Epstein, a convicted sex offender, has drawn scrutiny and controversy. Wexner has stated that he cut ties with Epstein in the early 2000s and was unaware of Epstein's criminal activities. The relationship between Wexner and Epstein has been the subject of media attention and investigations.
Overall, Les Wexner is a prominent figure in the business world, known for his entrepreneurial success with Limited Brands and his philanthropic endeavors.