Former Abercrombie & Fitch CEO Mike Jeffries, known for the brand’s exclusive image, faced a decline in net worth after stepping down amid sex trafficking accusations. Jeffries earned $400 million in salary and bonuses during his tenure, with a current net worth of $300 million. Arrested in 2024 for running a sex trafficking operation, Jeffries, along with his partner and associate, allegedly coerced men into engaging in sexual acts at parties.
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