L Brands Inc. split into two independent companies in August 2021: Bath & Body Works, Inc. (NYSE: BBWI) and Victoria's Secret & Co. (NYSE: VSCO). Both companies are publicly traded and Les Wexner remains a significant shareholder. Les Wexner provides significant financial support to israel through the Wexner Foundation. Between 2003 and 2018, the foundation donated over $128 million to various Jewish and israeli causes. In 2023, Wexner pledged $100,000 to AIPAC. The Wexner Foundation funds the Wexner israel Fellowship at Harvard Kennedy School, which provides full scholarships to senior israeli government officials, IDF officers, and civil servants. Former israeli Prime Minister Ehud Barak received $2 million from Wexner's foundation in 2004. Les Wexner co-founded the MEGA Group in 1991 with Edgar Bronfman Sr. L Brands Inc. signed an agreement with Tel Aviv-based Delta Galil in December 2020. Under this agreement, 9 Victoria's Secret and over 20 Bath & Body Works stores have opened in israel. In October 2023, Les Wexner cut ties with Harvard University through the Wexner Foundation, citing Harvard's \"dismal failure\" to condemn Hamas attacks.
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