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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.

The Epstein-Tarnished Billionaire That Is Quietly Reshaping Ohio

⏲ 22:3 👁 35.5M

Dharma Productions

SCREW DHEELA | Film Announcement | Tiger Shroff | Shashank Khaitan | Karan Johar

⏲ 3 minutes 👁 3.9M

LuffySongs Music

VE KAMLEYA new lofi song 2024 new hindi trending song 2024 lofilofi songtrending songs

⏲ 3 minutes 50 seconds 👁 248

MEASURING in at just 100cm tall - and 99cm wide - the Peel P50 is reported the world’s smallest car to ever go into production. The three-wheeled microcar was originally made from 1962 to 1965 by the Peel Engineering Company and was listed in the 2010 Guinness World Records as the smallest production car ever made, with a weight of just 59 kilograms. Of the 50 P50s ever produced, only 27 are still known to exist today. Canadian, Greg, is one of the owners of these rare cars, and he told Future Studios Cars: “The P50 came out of the Isle of Man, basically the concept was a little car that you can use in the city”. With its DKW 49cc engine, the P50 has a top speed of 37mph and 4.2 horsepower. “It’s a one-seater with one headlight - I also love how it has three wheels, the back wheel is the one that is driving it with a chain from a little moped engine,” Greg said. With its uniquely small size, the P50 is not the most practical car to use. “There’s no reverse because you have to get out of the car and go around to the reversing handle, pick up the car and turn it around then get back in,” explained Greg. Although this is undoubtedly a small car, it has a big history. Greg said: “There was a Russian freighter that came into the port of Vancouver, they used it to drive around their huge freighter on the deck but then the refrigerator broke so when they came back, they traded this car in on a refrigerator”. Today, these cars are incredibly difficult to come by and are incredibly expensive - in 2016, a P50 was sold at auction for over $176,000.

Peel P50 - The World's Smallest Car

⏲ 6:49 👁 2M

Dharma Productions

Poo's Introduction! - Movie Scene - Kabhi Khushi Kabhie Gham - Kareena Kapoor

⏲ 7 minutes 22 seconds 👁 12.1M

HD Beats

Virat Kohli: Jersey No.18 - Official Trailer | Ram Charan | Kiara Advani | Dharma Productions

⏲ 1 minute 33 seconds 👁 342.6K

Boost fruit production and manage weeds through thoughtful plant pairing.

The 9 Best Companion Plants For Blueberries (And Those To Avoid)

⏲ 0:37 👁 5.5M

Dharma Productions Logo

⏲ 18 seconds 👁 288

Dharma Productions

10 years of 2 States | Arjun Kapoor | Alia Bhatt | Dharma Productions

⏲ 58 seconds 👁 6.8K

Aired (April 21, 2024): Masama pa rin ang loob ni Anton (Radson Flores) dahil sa pag-iwan ng kanyang ina sa kanya noong siya ay bata pa. #GMAREGALSTUDIOPresents #RSPMyBestKuya<br/><br/><br/>'Regal Studio Presents' is a co-production between two formidable giants in show business—GMA Network and Regal Entertainment. It is a collection of weekly specials which feature timely, feel-good stories.<br/><br/>Watch its episodes every Sunday at 4:35 PM on GMA Network. #RegalStudioPresents #RSPMyBestKuya

Regal Studio Presents: Kuya, may hinanakit na dinadala sa kanyang ina! (My Best Kuya)

⏲ 4:18 👁 880K

Dharma Productions 2008 Logo Horror Remake

⏲ 19 seconds 👁 642

Fox Star Studios Fox Searchlight Pictures Dharma Productions Red Chillies (My Name Is Khan)

⏲ 1 minute 20 seconds 👁 15.1K

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