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  1. en.wikipedia.org › wiki › Roy_RaymondRoy Raymond - Wikipedia

    Raymond was inspired to start Victoria's Secret after feeling embarrassed purchasing lingerie for his wife in a department store. To open the store, he borrowed $40,000 from a bank and $40,000 from his family. Roy and Gaye Raymond worked together to design and launch the first store with a Victorian-inspired style.

  2. Makes $500,000 his first year. He starts a catalog, opens three more stores, and after five years he sells the company to Leslie Wexner and the Limited for $4 million. Happy ending, right? Except...

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  4. Jul 19, 2022 · Wexner bought the lingerie brand in 1982 from its founder Roy Raymond for just $1 million, turning it into a billion-dollar company within the span of a decade. In Victoria’s Secret: Angels and...

  5. Sep 30, 2014 · In reality Wexner--net worth: $6.2 billion, good enough to make No. 80 on The Forbes 400--is an introspective guy who has been questioning his every move for decades. ... Roy Raymond, clammed up ...

  6. Sep 2, 1993 · The company earned $500,000 its first year. Its five stores and a 42-page mail-order catalogue were grossing $6 million a year when Mr. Raymond sold them for about $1 million in 1982.

  7. Sep 26, 1993 · Three days before Mr. Raymond killed himself, the Internal Revenue Service filed a lien of $77,000 on his earnings. Mr. Raymond contemplated filing for bankruptcy again, friends say, to free ...

  8. Nov 13, 2013 · Roy Raymond: The tragic genius at the heart of Victoria's Secret. Roy Raymond had an inspired idea back in 1977. But it wasn't enough to build a $6bn empire.

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