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_the-epstein-tarnished-billionaire-that-is-quietly-reshaping-ohio.webp "As the man who made Jeffery Epstein professionally, the longtime head of Victoria’s Secret stepped down from his retail giant, seemingly finished. This is the inside story of how 86-year-old Les Wexner quietly engineered one of the biggest semiconductor projects in history.<br/><br/>Ohio’s richest resident, Wexner owns the New Albany Company, which is headquartered just a few miles away from Johnstown in the tiny suburb of New Albany, which Wexner started building in the 1980s. He still lives there today, and it was his development firm that secured the land for Intel to nab the mega-deal at the last minute.<br/><br/>When Wexner stepped down from L Brands and out of the spotlight in 2020 amid scrutiny over his relationship with sex offender Jeffrey Epstein, many may have thought the retail mogul, now 86, was retiring after nearly six decades to quietly enjoy his billions. But, it turns out, he was just getting started. As new reporting by Forbes reveals, when local leaders didn’t have a site that fit the ultra specific conditions needed for chip production, which include access to millions of gallons of water a day, they reached out to Wexner’s New Albany Company. Within three days, it had come up with a proposal for the plot in Johnstown. <br/><br/>0:00 Intro<br/>0:24 Who is Les Wexner<br/>1:21 Wexner and Epstein's relationship<br/>3:33 The New Albany Company’s deal with Intel<br/>7:17 Residents react to the Intel deal<br/>8:41 When and why did Wexner start the New Albany Company<br/>10:56 The New Albany Company thrives despite Epstein controversy<br/>13:41 Current state of the Intel construction site<br/>16:11 What will be the aftermath of the deal for surrounding communities<br/>18:50 Is this deal good for Ohio<br/>20:23 What do Ohio residents think of Wexner<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/jemimamcevoy/2024/04/10/les-wexners-second-life-how-the-epstein-tarnished-billionaire-is-quietly-reshaping-ohio/?sh=94ef9b16a91d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_construction-process-124-blm-construction-amp-remodeling-llc.webp "BLM Construction u0026 Remodeling, LLC")
_the-most-valuable-plot-of-land-in-america.webp "Morning Brew")
_construction-of-39the-tasmanian-homestead39-1892-492-24.webp "A time-lapse of the construction of 'The Tasmanian Homestead' - a prototype modern home. Supplied video (18/4/24)")
_teen-who-refused-to-nazi-salute-in-prom-photo-knew-what-was-going-to-happen.webp "Inside Edition")
⏲ 1 minute 43 seconds 👁 7.6M
_an-inside-look-at-doomsday-bunker-homes-with-a-price-tag-of-362-million.webp "Inside Edition")
_the-groucho-club-yorkshire-construction-underway-as-yorkshire-prepares-to-welcome-the-groucho-club.webp "Damien Hirst put £20,000 of his winnings on a free bar after his Turner Prize Win, The Spice Girls had their membership denied and Stephen Fry banned mobile phones in the bar.<br/><br/>These are just some of the famous tales surrounding The Groucho Club which will land in the heart of the Yorkshire Sculpture Park in 2026.<br/><br/>Construction of the first branch of the private members-only club outside of London is underway as Yorkshire Post reporter Sophie Mei Lan Malin asks what this will mean for Yorkshire? <br/>")
The Groucho Club, Yorkshire: Construction underway as Yorkshire prepares to welcome The Groucho Club
⏲ 2:32 👁 4.9M
_39they39re-trying-to-george-floyd-me39-blm-co-founder39s-cousin-dies-after-brutal-tasing-in-la.webp "Lawu0026Crime Network")
⏲ 3 minutes 24 seconds 👁 82K
_bring-it-dancing-with-the-enemy-season-3-episode-22-124-full-episode-124-lifetime.webp "Lifetime")
⏲ 42 minutes 38 seconds 👁 1M
_notre-dame-cathedral39s-restoration-nears-completion-five-years-after-the-fire.webp "The Paris cathedral should be able to reopen to the public in December 2024 as planned, but the surrounding area will be under construction until 2028.")
_he-trespassed-the-tomb-of-the-unknown-soldier-big-mistake.webp "Trend Spot")
_attorneys-stun-media-defending-trump-39there-is-no-crime39-alvin-bragg-can-charge.webp "Doug In Exile")
⏲ 8 minutes 21 seconds 👁 30.7K
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