We were just curious about the interior decorating, so how about a glimpse inside the Wexner house? Wexner provided Epstein with the home after hiring him as a close financial adviser. So, in addition to Wexner’s more typical billionaire possessions—a 17th century mansion in the U.K. that hosts pheasant shoots and a $39 million (35 million euros) super-yacht called Limitless, of all things—he has a bespoke society. © Gannett Co., Inc. 2021. "I guess he likes big houses." This one belongs to Wexner himself, who, at 81, has a net worth of $6.3 billion, according to the Bloomberg Billionaires Index. Leslie Wexner tours an exhibit at the Wexner Center for the Arts in Columbus, Ohio. When she tried to leave, Wexner’s security personnel ‘held Maria against her will’ for several hours, ‘even after she pleaded with them and told them about her assault,’ the suit claims. Legend has it that one day a few years ago Les Wexner and Jack Kessler were roughing it in the Great Outback, somewhere in the Far Northeast, somewhere near New Albany. Leslie Wexner, right, and his wife Abigail touring an exhibit at the Wexner Center for the Arts, September 19, 2014, in Columbus, Ohio. Les likes animals.". They pay premium prices and I guess everybody has their price." ", His back yard abuts the chain-link fence, but he says he can't see much. Leslie Wexner Founder of The Limited Inc. Maybe they could provide more specific details about Wexner's home? It officially checks in at 60,112 square feet. That’s how he found New Albany—which was then only “a community of plain topography,” as Wexner put it in a written response to emailed questions. Kessler is driving to the prospective New Albany homestead at this very moment. The blueprints, however, are vague. Welcome to New Albany, Wexner’s personal idyll carved into the cornfields northeast of Columbus. A glimpse of the list of contractors shows Wexner has hired firms to remove and to plant trees. "The house is farther back, seems to be in a valley of sorts," he says. Les Wexner’s family has restored the Foxcode House, which they purchased the property from Christopher Boot Holman, an heir to the Boots the Chemist empire, in a private sale in 1997. Série(s): Institute for Architecture and Urban Studies (IAUS), 1971-1998 AP143.S3 It also has a media room, which most likely will be used to show movies, and not as a reception hall for reporters. The "south terrace" layout includes brick edging, stone steps, a sod path, evergreen hedges, brick pavers in herringbone pattern and a "small flowering tree in terra-cotta pot.". Other major executives who bought into 15 CPW include TV producer Norman Lear, who paid $10.2 million for his pad; Limited founder Leslie Wexner, who … Kessler says that Wexner's place will have a country gentleman motif, particularly heavy on the equestrian feel. The fence bears No Trespassing signs. ", Clumped around the gravel drive are four houses-Wexner's next-door neighbors. He, too, had a vision thing. He planned to build in its place a 22,750-square-foot re-creation of the Petite Trianon at Versailles to be "fashioned through the vocabulary of 18th Century France"-complete with two guest suites, a living room, dining room, library, a master bedroom suite, an exercise room, a kitchen, breakfast room, staff dining room, laundry room, wine cellar, a workshop, storage rooms galore and a loggia, which is a roofed gallery overlooking an open courtyard. L Brands shares have slumped nearly 70% over the past four years as its flagship lingerie empire failed to adapt to consumer demands, most recently in the #MeToo era. The family lives in Ohio. It's not every day that Central Ohio, which registers a 2.5 on the glitz scale, has its highest-profile rich guy, one of its few national-headline celebrities, building a spectacular mansion. "Elevators." A man in a uniform sits in the cubicle. Practically in Wexner's back yard. Will Wexner entertain big-time celebs there? "I thought it might be helpful." Leslie Wexner, the billionaire founder of the L Brands retail empire, who in 2019 accused disgraced financier Jeffrey Epstein of misappropriating “vast sums” of his personal fortune more than a decade earlier, has so far refused to reveal the full scope of that alleged multimillion-dollar theft. Perhaps Jack Kessler wouldn't mind leaking a few tidbits. There's a small problem, though. Wexner promptly demolished the estate. ", Later, the zoning guy calls. Rumors fly as fast as Gene can take a little off the side. From above, the central house looks like a fat capital "I" resting on its side. While they were away on vacation he analyzed the profit and loss margins on the women's clothing they sold. This story appeared in the May 1990 issue of Columbus Monthly. It's big, really big. . "It's been explained to me. L Brands has since grown into the $6.2 billion retail empire it is today. “It’s a community where if you drive around, you know what you’re getting yourself into,” said Jim Lenner, manager of neighboring village Johnstown. Before 1987, when Kessler announced that he and Wexner, under the guise of the New Albany Company, had been gobbling chunks of land for their housing development, New Albany was just a hiccup in the northeast corner of Franklin County. He once owned the original Palm Beach estate which is now known as Maison de L’Amitie (and owned by Russian billionaire Dmitry Rybolovlev). "He says things. “He’s parking the car at the Kroger and doing some grocery shopping,” said Spalding. Leslie H. Wexner is the chairman and CEO of L Brands (formerly Limited Brands), a retailing and marketing conglomerate that currently includes Victoria’s Secret, Pink, and Bath & Body Works. "I'm sure he'll have dogs out there. Les Wexner--chairman of the Limited, holdings worth an estimated $2.1 billion and among a handful of the country's richest people--is building a house. Just beyond the fence a brick tower rises 20 to 30 feet in the air. "We'll be in by spring of 1991. How much will it cost to build? At the time it was owned by billionaire businessman Leslie Wexner who had architect Thierry Despont and interior designer John Stefanidis convert it from a private school to private home. No, there won't be 27 bathrooms. Just pulled up to the site now-got a meeting with the architect." “A billionaire moved in next door, and things changed.”. Box 1289, Columbus, OH 43216 ~ Do Not Sell My Personal Information ~ Cookie Policy ~ Do Not Sell My Personal Information ~ Privacy Policy ~ Terms Of Service ~ Your California Privacy Rights / Privacy Policy, Your California Privacy Rights / Privacy Policy. A recording answers at his number, asking callers to leave a message. We could not find a picture of the main house, only the entry way, which is guarded by private security. He also believes he saw Wexner once. It’s hard to be an average guy when you’re a billionaire, I suppose, but he’s out in the community a lot.”, Photographer: Fred Squillante/The Columbus Dispatch via AP Photo. That's what the plans say. "I know Les had two dogs at one point, but I'm not sure what happened to Max," says Kessler. . One has another outbuilding as an anchor. Leslie Wexner owns 29.7 percent, has been worth $1.5 billion. Discover Financial committed to building an office there in 1998, the first company to do so. A 1985 New York magazine profile of Wexner had a picture of him-in a tie and expensive dress shoes-romping in the backyard of his Bexley manse with what appeared to be a German shepherd. There will be a brick exterior and a greenish slate roof. New Albany’s matching architecture and the endless white fencing, while charming to some, are what keep others away. An earlier version of this story corrected source of Wexner loan. On a registration document from 1998, both Jeffrey Epstein and Les Wexner were listed as the presidents of the … Here in the middle of Ohio, of all places, Wexner—the man behind Victoria’s Secret and its push-up-bra notions of female beauty—has brought to life his singular vision of the heartland. Gene's been here for 21 years, talking as long as you want about anything you want while he's finishing up one of his $7 haircuts. Brandner pulls out a collection of blueprints marked "A residence for Mr. Leslie H. No such luck, however. She never met Leslie and says she spoke to Abigail only by phone while at the New Albany home. The Georgian style main house is said to be roughly 40,000 square feet in size. One last question. and won. Les Wexner, who is worth an estimated £5 billion, has restored Foxcote House, transforming it into a £20 million shooting estate that is now one of the grandest in England. Les Wexner (right) may be forced to explain his ties to Jeffrey Epstein after the Victoria's Secret mogul was hit with a subpoena by the dead pedophile's former lawyer, Alan Dershowitz (left). If The House is 60,000 square feet, it would be bigger than an acre, which is 43,560 square feet. "I don't have much experience in zoning," he says. "Thank you and have a nice day.". So, shadow companies were formed, land and homes bought and finally public announcements made about the development, which immediately acquired the nickname "Wexley." Wexner has another neighbor. ", The next place to turn for information is the village of New Albany. Some CEOs buy sports teams. By buying Celedonia out. This circular drive is north of The House, which will face the same direction. Will the doorknobs be imported from a tiny village in northern Italy and cost the equivalent of your annual salary? Musgrave says he's been burned in the past, misquoted and all, and besides, he has a small construction company to run and time is money. Say hello, New Albany, to your new neighbor-to-be. Wexner’s mega-mansion isn’t the only reminder that he’s the richest man in town—or the state, for that matter. It’s been an incredible run for the son of Russian immigrants who took an interest in the family’s store from a young age. The Wexner link, though, is well documented. He sounds like a man who still pinches himself about having a big bankroll and really rich friends. Westbrook doesn't return a call, but Cochran does, only to say that he, too, has been told not to discuss the project. But by the fall of 1988, things fell neatly into place for the New Albany Company. “They’ve been battling against, ‘Is sexy in? The Columbus, Ohio, native spent weekends scouring central Ohio for the perfect spot to construct his rural getaway. Real ones, not bronzed. Wexner could store that house in a walk-in closet. Update: Thanks commenters for the tips! Limitless is one of the world’s largest private superyachts. OK. Any other explanation? "I got them in the closet here somewhere. Ray Paprocki is a staff writer for Columbus Monthly. New Albanians have embraced Wexner as a neighbor; they say they like his ideas for the Villages at Rocky Fork, and probably like his money even more, considering he's made a number of them rich by buying their property for hefty sums. There's a landscape architect from Philadelphia, a structural engineer from New York, a mechanical engineer from Norwalk, Connecticut, a general construction consultant from Aspen, Colorado, and a host of Central Ohio companies with a variety of specialties, from waterproofing to reinforcing steel placement. That same parcel—land and property—is now valued at $45.6 million. It’s not about providing affordable housing.”. The entire population (450) could fit inside the Drexel Theatre, with room to spare. Photo: Getty Images I n recent months, Les Wexner and his town gained national attention, but not the kind he was looking for. After criticism over the company’s failure to transform in an age of female empowerment, body positivity and acceptance, Wexner promised at the company’s annual meeting on Thursday, May 16, to turn things around. One contractor, mentioning Betley, says, "I'm sure he would be glad to talk with you." (In fact, Setterlin is so strict about disclosure of information that a secretary refused to identify Betley's title with the company. In 1993 – at the age of 52 – she married Lex Wexner. In 2009 and 2010, YLK did not receive a single donation. Not to mention the fact that the cost of living in New Albany presents an insurmountable barrier to most Ohioans. Last spring he reportedly said God told him to build a Sea of Galilee and a church center to resemble Philadelphia's Independence Hall. The billionaire founder and head of L Brands owns this 25,382 sqft Aspen retreat on 33 acres. When asked if any village officials are working in the office, she says, "No," with a you're-not-from-around-these-parts tone in her voice. Les a little later. Try, four full baths and six-half baths. When will the homes be complete? Earl Musgrave got 48 votes in the 1985 mayoral election . We've searched for the facts on the new home of Columbus's celebrity billionaire. Credit: Jay LaPrete / AP For Kurtzer, the “independent” review on Epstein and the changes on the website fall far short of addressing the larger ethical issues at hand in a “public and morally serious” way. Instead, will Wexner have his minions searching the Virginia countryside and the finest auction houses to find, say, the vintage Chippendale chairs to complement the William and Mary gateleg table? The estimated cost is $5 million. No, Runtz says. The latter purchased its site in December for $54.5 million from a subsidiary of Wexner’s New Albany Co. On rainy days, when the grounds people tend the 27-hole, Jack Nicklaus-designed golf course, the entire place smells of fresh-cut grass. Leslie Wexner tours his art collection at the Wexner Center for the Arts, Columbus, Ohio. A few weeks earlier, all he had was a corner in village council chambers in the too-small municipal building. ", Then, through the fuzz of the car phone, Kessler says, "Perfect timing. Wexner has a slightly longer commute—L Brands is headquartered in Columbus, not far from where he opened his first store in 1963. The rest of the town came up around it, including the 4,000-acre business park. After all, a man needs a little breathing room at the end of a busy day. Or is sexy not in?’,” said Bloomberg Intelligence analyst Poonam Goyal. Bathrooms? Les Wexner founded L Brands, a global retail empire that included Victoria's Secret and Bath & Body Works, and served as CEO for more than 5 decades. ", The best place to get the latest gossip in New Albany, though, is at Gene Williams's place, the New Albany Barber Shop in the heart of the village. A 90-acre plot for his mansion was valued by the county auditor at $192,300 in 1987, a couple of years before Wexner bought it. We were wondering if he would invite us over for a barbecue." How many bedrooms? That would be Leslie Wexner, the billionaire behind L Brands Inc. and a man who towers quietly over all of Columbus. Billionaire businessman Leslie Wexner refuses to reveal full scope of Jeffrey Epstein’s alleged multimillion-dollar theft. . We also noticed a recent New York Times piece fawning over a Big Apple couple building a palatial estate in Connecticut; the architect couldn't remember how many rooms were in it. He found that although higher-priced clothing (e.g. The west wing has five rooms designated for guests, again, among many other rooms. https://www.superyachtfan.com/superyacht%20limitless.htmlSuperyacht Limitless, built by Lurssen for Lexlie Wexner. Pushed the limits with The Limited. Rybolovlev paid US$ 95 million for the house. Celedonia laughs the laugh of a lucky man. Les Wexner may be forced to explain his ties to Epstein after the Victoria's Secret mogul was hit with a subpoena by Epstein's former lawyer, Alan Dershowitz. There's a muddy gravel road that runs two-tenths of a mile to a chain-link fence and an enclosed cubicle. Wexner, who’s been described as a micro-manager, had his own opinions about how the business should be run; with a loan from his aunt, he opened his own store, Limited. According to tax records, in 2003 the Wexner Family Charitable Fund gave $10 million to the COUQ Foundation, Inc., an organization run by Epstein. "You really ought to go on the site and see what it's like. Marcum later says that "the zoning guy" is the one to see about the blueprints and building permit. August 14, 2019 at 2:08pm . As the CEO and founder of Limited Brands, Inc. (currently L Brands Inc.) he has been the longest serving CEO of a Fortune 500 Company at 53 years. One of the first things Wexner built—aside from his own home—was the country club, one of the nicest in the state, which set a precedent for the type of person who should live in New Albany. 605 to the west, Rt. ", Earl is Earl Musgrave, the part-time mayor of New Albany for the past four years who earns $1,800 a year for his troubles. We heard that Wexner bought six helicopters that would be ready to take him up at any time. So, maybe there will be the hotshot celebs being limoed through New Albany, after all. There were debates and accusations and public hearings in Columbus, New Albany and Plain Township about messy issues: water and sewer contracts, school district boundaries, annexation into Columbus and merger talks between New Albany and the surrounding township. In a series of interviews with The Washington Post, Farmer, 50, spoke publicly for the first time about Wexner and his wife, Abigail. They are doing their own inspections, sending the reports to us and we send them to an engineering company we have hired to check them out. This time, the 53-page package reveals considerable information. . Gosman had bought the mansion, unfinished, in 1988 from retail mogul Leslie Wexner for a recorded $12 million. “You can call that a flaw or just the way it’s designed. Abigail Koppel and Leslie Wexner were married at their home in New Albany, Ohio on January 23, 1993 when she was 31-years-old and he was 55. Virgin soil. Call it anything you want, except modest. (The city is working with adjacent communities to build affordable housing just beyond its borders.). The New Albany Company has been negotiating with WCVO's board to squelch his plans. Brandner is a retired military man and Department of Defense administrator who's been active for years in Plain Township commissions and associations; now, after the merger, he lives in New Albany. Les Wexner House. "These are a lot better," he says. Brandner works in a rented room, with a desk, a donated electric typewriter and a couple of filing cabinets. The Silicon Valley giants will join some of Wexner’s current and former brands: Abercrombie & Fitch and Justice are both headquartered there, and Bath & Body Works has an enormous office in the park. Why not develop a little Camelot for a bunch of other really rich folks. Leading to the station's driveway are Burma Shave-like sighs that read, "Don't depend/on the weather/for a good day/depend on Jesus/all the way." His badge reads R. Anderson-officer, New Albany police force. The number of housing options designated as affordable in New Albany: zero. Will he move his stuff from there into his New Albany estate? Original content available for non-commercial use under a Creative Commons license, except where noted. "They fly over the property all the time. It’s one of the largest houses in the area. Why is The House so Big? Last week, he announced the decision to not air the Victoria’s Secret Fashion Show on television this year. In Texas, oil investor George Mitchell constructed the Woodlands, and Celebration, Florida, was built near Disney World by the Walt Disney Co. After all, in America, the land of opportunity, if you’re rich enough, you can pursue your passions and hobbies to the fullest. Oh, so no chance of Mr. Wexner chatting about why The House is so Big? There seem to be at least 100 rooms in The House. As one interior decorator who has worked with Wexner says, "He is a world traveler." What does that actually mean? Previous Next . ... following allegations that Jeffrey Epstein assaulted a woman in a house … The central house also has an attic. Will Wexner's abode double as a New Age retreat?) Previous Next . Kessler says Wexner will sell his Bexley home-with a property tax market value of $500,000, but worth considerably more, no doubt. He was close friends with the notorious financier and sex offender Jeffrey Epstein, who was arrested on sex trafficking charges this summer and later found dead in his prison cell. Lex is the founder, Chairman and CEO of Limited Brands. . The concept of a town built by one man isn’t all that un-American, Glaeser said. A view of Les Wexner’s library that sits at the back of the house from AD. One can imagine Wexner on the line to Hong Kong checking on a million-dollar deal for sweaters while somebody slides carpet samples onto his desk for approval. "), Betley says to call William Westbrook of the New Albany Company or Chan Cochran, public relations overseer for the development. Stately villas with a stylish name, The Villages at Rocky Fork. His name adorns the colossal brick … He gets testy when reporters call. Wexner began his retail career working in his parents' clothing store "Leslie's", which had been named in his honor. -Maria's horrifying experience at Leslie Wexner's house — Whitney Webb (@_whitneywebb) April 24, 2020. Les Wexner--chairman of the Limited, holdings worth an estimated $2.1 billion and among a handful of the country’s richest people--is building a house. The police chief was the only full-time cop on the payroll. He already owns places in Bexley, Aspen and New York. . William Levitt created suburbs—“Levittowns”—after World War II for returning veterans and their families. "We could change locations," he says. "But that's what we hear. "Let me tell you, it's something else," he says, flipping through the Wexner plans. He lives with his wife Abigail Wexner in a large estate in New Albany, Ohio. In New Albany, he simply bought the town before he started building his newest dream house. The residence's design is American Georgian-a Williamsburg kind of look. The story mentioned he had "dogs" and referred to them as the "Wexner kids." "Les doesn't ride, but there will be horses," Kessler says. … https://www.superyachtfan.com/superyacht%20limitless.htmlSuperyacht Limitless, built by Lurssen for Lexlie Wexner. The overall length is 96,25 m (315 ft 8 in), the width 12,50 m (41 ft). Then there's the Palm Beach story. There also appear to be outdoor courtyards. Why is it so big? Wexner, 78, who’s worth an estimated $7 billion, quietly acquired the 17th century manor, Foxcote House, in the Cotswolds nearly 20 years… Then late last year, without fanfare, the bulldozers bit into the earth. "I'm a friendly guy," says Celedonia; "If he wanted us to drop over, then I'm sure we would. It also has a large orangery-which the dictionary says is "a hothouse for growing orange trees in cooler climates." The central house and the wings each have two floors and a basement. Wexner endured community opposition and zoning board hassles-until 1988, when, with the house under construction, he said the-hell-with-it and sold the property for $12.1 million to a nursing home tycoon. He added that New Albany is a great town to have next door, and the municipalities often work together. Les Wexner's House (Google Maps). He assembled a group of the country’s top architects and landscapers, with whom he spent Saturday mornings designing the town. Especially Wexner's new neighbors in New Albany. in 1998. Betley talks, sort of, but gives no indication of whether he is glad to. Then he drops a hint that those aspirations don't necessarily have to happen behind the radio station. We are working with Franklin County on contracting with them for inspectors. The sum of its interior spaces could hold a football field, with a few extra first downs thrown in. “If you told a Frenchman or a German that this was happening, they’d look at you like you were mad,” said Glaeser. "I was mowing the grass [last year] and I think I saw him pull up in his car, but I wasn't sure.". Kessler says only that Wexner "hasn't picked an interior decorator yet. Prices run as high as $4.5 million—a bargain when compared with fashionable neighborhoods in New York, but almost unfathomable here in Ohio, where the median home costs $139,100. Photographer: Jay LaPrete/AP Not far from the Horseshoe, home stadium of … Work on Les Wexner’s townhouse lasted for two years. What about his fabulous art collection? Leslie Herbert Wexner (born September 8, 1937) is an American billionaire businessman, the founder and chairman emeritus of L Brands (formerly Limited Brands). I'll have to call Earl. There are no Victoria’s Secret stores in New Albany. Wexner will have horses, even. Located on St. Rt. ... What parent would allow their teenage girl to be a masseuse in a rich man’s house? Wexner will have a private sewage system and well or cistern. Most people are part-time. That will change, though, when we get a deal with Franklin County.". The total square footage this bachelor calls home is growing to an extraordinary figure, something akin to the size of a small Third World nation. The architect for both houses is Thierry Despont, a young Frenchman who has offices in New York and Paris, a receptionist who speaks with a French accent and an assistant named Dominique. Wexner and Kessler have offered Plain Local schools a gift of $750,000, and the New Albany Company already has donated approximately $50,000 to the village to buy a new police cruiser and pay the salaries of two full-time police officers for one year. Lex is the founder, Chairman and CEO of Limited Brands. Leslie Wexner yacht. The east wing contains several spaces marked for staff or security, among many other rooms. He also has building permits and inspection files. The biggest of those, his Aspen abode of glass, stucco and wood, is 35,000 square feet. For Franklin County, it's the house of the millennium. “Obviously, it appeals to a lot of people, but there are also people who aren’t interested in living there because they don’t want their house to look like their neighbor’s.”. Sandy Lewis, the former Wall Street arbitrageur and son of Cy Lewis, the onetime senior partner at Bear Stearns, first met Leslie Wexner in the early 1980s when he … Its Land did n't get out there soon, I will run the office by the fall 1988! Desk, a wealthy financier and accused child molester, had a complicated relationship with billionaire and his worth. Taught Wexner a lesson about dealing with zoning boards and other democratic processes built Wexner 's will... 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