Discover the career path of Les Wexner, from the first major opportunity to industry-changing achievements.
Leslie Wexner is an American billionaire businessman, best known as the driving force behind the Limited Brands empire, which included retail giants like Victoria's Secret, Bath & Body Works, Abercrombie & Fitch and La Senza. As chairman emeritus, Wexner shaped the landscape of American retail for decades through innovative marketing and merchandise strategies. Beyond his business ventures, Wexner has also been involved in philanthropy and political activism, solidifying his position as a notable figure in both the business and public spheres.
In 1959, Les Wexner graduated from Ohio State University with a major in business administration.
In August 1964, Les Wexner opened the second 'The Limited' store.
In 1969, Limited Brands, founded by Les Wexner, went public and was listed as LTD on the NYSE.
In 1972, Robert H. Morosky bought stock in The Limited and became Vice Chairman of the Board.
In 1976, Les Wexner opened the 100th store of The Limited.
In 1978, Les Wexner took on significant debt to purchase Mast Industries.
In 1982, Les Wexner purchased Lane Bryant and Victoria's Secret.
In 1986, Les Wexner joined the board of directors of Banc One.
In 1987, Les Wexner hired Jeffrey Epstein as his financial manager.
In 1987, Les Wexner retained Jeffrey Epstein as his financial manager.
In 1987, Robert Morosky resigned as Vice Chairman of The Limited's board.
In 1988, Les Wexner began his service on the Board of Trustees of Ohio State University.
In 1991, Les Wexner and Charles Bronfman co-founded the Mega Group, comprising wealthy businessmen aimed at influencing US foreign policy in the Middle East and maintaining ties with Israeli intelligence.
In 1991, Les Wexner was still serving on the board of directors of Banc One.
By 1992, Victoria's Secret, acquired by Les Wexner in 1982, was worth an estimated $1 billion.
In 1993, Les Wexner hired Len Schlesinger as an advisor, who was later appointed as a company director.
In 1997, Les Wexner's term on the Board of Trustees of Ohio State University ended.
Until 2002, Les Wexner served on the Board of Directors of Hollinger International with Henry Kissinger.
In 2003, the Mega Group, founded by Les Wexner and Charles Bronfman, hired Frank Luntz as a consultant to mobilize support for Israel.
On May 11, 2004, Les Wexner received the Woodrow Wilson Award for Corporate Citizenship.
In December 2005, Les Wexner was appointed to his second term on the Board of Trustees of Ohio State University.
In 2007, Les Wexner ended his professional relationship with Jeffrey Epstein, who had served as his financial manager since 1987.
Les Wexner's professional relationship with Jeffrey Epstein ended in 2007, after Epstein had served as Wexner's financial manager since 1987.
In 2009, Les Wexner was elected chair of Ohio State University Board of Trustees.
On February 16, 2011, Les Wexner pledged a donation of $100 million to Ohio State University.
On February 10, 2012, the Ohio State University Medical Center was renamed the Ohio State University Wexner Medical Center. This commemorated Les Wexner's leadership and support of the university for over 30 years.
In June 2012, it was announced that Les Wexner's chairmanship of the Ohio State University Board of Trustees would end eight years before his term expired.
In 2015, Les Wexner was ranked number 11 in Harvard Business Review's Top 100 Best Performing CEOs in the World.
In 2016, Les Wexner was ranked number 34 in Harvard Business Review's Top 100 Best Performing CEOs in the World.
In February 2020, Les Wexner announced he was transitioning from CEO of L Brands to the role of chair emeritus.
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