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Les Wexner steps away, severs ties to business empire

POSTED BY: JAYNEZTOWN
UPDATED: Sunday, March 21, 2021 15:19
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Sunday, March 21, 2021 3:19 PM

JAYNEZTOWN


https://nypost.com/2021/03/18/les-wexner-steps-away-from-board-of-vict
orias-secret-owner
/

,

https://abcnews.go.com/Business/wireStory/les-wexner-exits-board-sever
s-ties-retail-empire-76540454


Alexi McCammond Exits Teen Vogue, Abigail Wexner stepping down from L Brands board, Steps Down From Victoria’s Secret

QUOTE

Leslie Herbert Wexner (born September 8, 1937) is an American billionaire businessman, the founder and chairman emeritus of L Brands (formerly Limited Brands). Wexner grew a business empire after starting The Limited, a clothing retailer with a restricted selection of profitable items, and later expanded his holdings to include Victoria's Secret, Abercrombie and Fitch, Express, and Bath & Body Works. Wexner announced, in February 2020, that he was transitioning from CEO of L Brands into the role of chairman emeritus

Quote:


Wexner had a close relationship with Jeffrey Epstein that began in the 1980s and continued until at least 2007. He was the primary billionaire client of Epstein, a financier that claimed to only work with clients with a net worth of one billion USD or greater. Epstein became Wexner's financial manager in 1987. Wexner purchased the New York property, the Herbert N. Straus House, in 1989 and later transferred it to Epstein in the mid-1990s following his marriage to Abigail. In July of 1991, Wexner granted Epstein power of attorney and also instated him as a trustee on the board of the Wexner Foundation.



https://en.wikipedia.org/wiki/Les_Wexner

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