According to Wikipedia, Les is married to Abigail S. Koppel, and the pair have been together since 1993. They share four children and reside in New Albany, Ohio, a community northeast of his original home city, Columbus. Their home is a sprawling 30-room, $47 million, Georgian-inspired estate. It sits on roughly 336 acres and was built in 1990.

In 2020, Les announced that he was stepping down as CEO of Limited Brands and took on the role of chairman emeritus at the company. Limited Brands reconsolidated as Bath & Body Works Inc., and Les sold his majority stake in Victoria's Secret for $525 million to a private equity firm. A Forbes valuation puts his current net worth at roughly $5.6 billion.