Green’s Dictionary of Slang

v. w/e phr.

also v.w.e.
[abbr. very well-endowed adj.]

used in sex contact advertisements, having notably large genitals.

[UK]G. Burn Happy Like Murderers 226: V.W.E. in the shorthand of the contact magazines. Very Well Endowed.
[SA]K. Cage Gayle.