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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.")
_i-edited-life-of-luxury-so-it39s-not-scary-anymore-react.webp "LaurenZside")
_if-you-want-me-change-yourself-124124-parkster-124124-gacha-club-x-life-of-luxury-124124-read-desc.webp "zero. ⭐️")
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_daily-react-du-week-end.webp "Daily React du Week-end !! from parker and chester react")
_what-is-it-chester-123parker-x-chester125.webp "∾Angelic•Stars∾")
_parker-x-chester-life-of-luxury.webp "𝓖𝓪𝓬𝓱𝓪 𝔀𝓲𝓽𝓱 𝓵𝓮𝓪𝓱")
_chris-kamara-awarded-freedom-of-wakefield.webp "Ex-footballer and punditry national treasure Chris Kamara reacts to being honoured with the Freedom of Wakefield")
_i39m-not-gay-parker-x-chester-life-of-luxurygacha-club.webp "J a s s y💥")
_demons-react-to-life-of-luxury-parker-and-chester-check-desc.webp "M0NST3RENN")
_sturgeon-and-yousaf-react-after-murrell-charged-by-police.webp "Former SNP chief executive Peter Murrell has been charged by police as part of a probe into the party's finances. The husband of Scotland’s former first minister Nicola Sturgeon was charged on Thursday in connection with the alleged embezzlement of funds. First Minister Humza Yousaf says the development is “a really serious matter indeed.” It comes more than a year after 59-year-old Murrell was originally arrested as part of the investigation known as Operation Branchform. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn")
_parker-and-chester-react-pt-2-life-of-luxury.webp "knevzko")
_124-past-sam-and-colby-crew-reacts-to-life-of-luxury-edits-124.webp "★ Kidd")
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