Les Wexner, the businessman behind Victoria’s Secret, just made $2 billion in only three months. His fortune jumped from $7.9 billion to $10.1 billion thanks to a smart investment. This huge win came from an AI company called CoreWeave.
Wexner used to run big stores but stepped down after controversy. He didn’t retire like many thought he would. Instead, he put money into new technology. This move shows how smart investors can find big opportunities.
CoreWeave helps companies build data centers and rents out powerful computer chips. Big names like Microsoft and Meta use these for AI projects. Demand is sky-high, making CoreWeave very valuable.
Wexner first invested small amounts—$1 million in 2019 and $600,000 more in 2021. He did this through a trust for his children. That tiny bet grew into a $2.8 billion stake today. It proves that bold choices pay off.
Since CoreWeave went public in March, its value has almost tripled. The company’s worth hit $73 billion recently. This boom created several new billionaires overnight, including Wexner.
CoreWeave’s sales exploded, jumping 420% in just one year. It earned $982 million last quarter. Even though it’s not profitable yet, its growth is unstoppable. This is the power of American innovation.
Wexner’s story is classic American success. He saw potential where others didn’t and reaped massive rewards. Free markets make these life-changing wins possible for those who take risks.
This is how capitalism should work—rewarding vision and hard work. Wexner’s billions show that America’s spirit of enterprise is alive and well. Everyone has a shot at success if they dare to seize it.
