The billionaire behind Victoria’s Secret said Wednesday that Jeffrey Epstein “misappropriated” more than $46 million of his personal fortune while serving as his money manager more than a decade ago, according to a report.

In a letter to his foundation, Leslie Wexner, the founder and chief executive of L Brands Inc., said the missing cash was discovered after he decided to sever ties with the convicted pedophile in 2007, The Wall Street Journal reported.

“We discovered that he had misappropriated vast sums of money from me and my family,” Wexner, 81, wrote in the letter. “This was, frankly, a tremendous shock, even though it clearly pales in comparison to the unthinkable allegations against him now.”

The close relationship between the men spans two decades. In 1991, Wexner granted Epstein power of attorney, allowing him to have sweeping control over the mogul’s finances and legal matters.

The financier made more than $200 million from Wexner, according to the Journal.

But in 2007, when allegations began surfacing in Florida that Epstein had sexually abused underage girls, his benefactor began to distance himself.

In January 2008, Epstein transferred $46 million worth of investments to a Wexner charitable fund, tax records obtained by the paper show.

That cash was only a slice of the funds that Epstein misappropriated, Wexner said.

“All of that money—every dollar of it—was originally Wexner family money,” the businessman wrote.

Epstein in 2008 pleaded guilty to less severe state charges of soliciting prostitution from one minor, even though the feds found 36 girls he’d potentially molested. Under a cushy deal, Epstein was sentenced to 13 months in jail but was allowed out on a near-daily basis.

Epstein, 66, was arrested last month for allegedly sex trafficking dozens of underage girls — some as young as 14 — between 2002 and 2005.

Prosecutors say he ran a sex ring in his Palm Beach and Manhattan homes, including an Upper East Side mansion formerly owned by Wexner.

Epstein has pleaded not guilty and is in federal custody. If convicted, he faces up to 45 years in prison.