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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.
⏲ 22:3 👁 35.5M
Wollongong stalwart, Reg Wilding, talks to the Project about his life at 100 years old.<br/>The Mercury spoke to Reg ahead of his 100th birthday where he said his secrets to living a long life was swimming and staying active.<br/>Video via The Project
⏲ 4:13 👁 1.2M
For 15 years, BBI Autosport have been the experts in high-end, off-the-market tuning. But one of their most recent projects on a Porsche 911 GT2 RS seems to have stood out from the rest. Although this model is already Porsche’s most powerful car, BBI has expanded its capability even further by transforming one from a sleek sports car into a swift supercar. With specialist customisation, they pushed the car to reach speeds of 227mph, making it the fastest 911 in the world. Owner of BBI Betim Berisha told R.Rides: “We take this beautiful canvas that Porsche gives us and we tailor it to a client’s need or specific goal that we’re after. I don’t think we have ever built a car that made you actually feel this comfortable doing something so wrong. If I had to describe this Porsche in three words, I would say it’s visceral, raw and powerful.” Starting with the factory model, BBI upgraded the classic 911 with a custom engine, larger turbos and an advanced cooling system. Dmitriy Orlov, who works at the company said: “This car has bigger turbochargers, more intercooler, better calibration, a water-methanol injection system, better chassis to handle the high speed – and of course on Michelin tyres because they are just proven to be phenomenal at any speed and power level. There is also a lot of work on the interior. There are raised seats and harnesses to ensure that the car is safe.” To buy from the showroom, the Porsche 911 GT2 RS typically sells for around $350,000 – but with this level of modification, this car would cost closer to half a million dollars.
⏲ 5:26 👁 3.5M
Hello, Friends!Today, we're embarking on a unique crafting journey, where we'll bring the suspense and visual brilliance of the Squid Game right into your home.Strap in as we recreate iconic elements from the show with our own hands! <br/> <br/>First, let’s dive into the world of dioramas with our \
⏲ 1:13:31 👁 1.1M
AN AMISH BUGGY that would normally be drawn by horses has been fitted with a turbo jet engine. “It’s like oil and water, they should not go together,” jokes its creator Chad Clark. The outrageous project, built by Chad Clark and Mike Monter of Millersburg, Ohio was originally meant to be something very different. “Mike and I were at our local county fair, I mentioned it would be really cool to build a turbine-powered four-wheel drive pulling truck,” Chad explained. But the auction description had misrepresented the engine as a turbo shaft engine. “I went home that night, found an engine online and bought it but didn’t realise it was not turboshaft, it was turbojet only,” Chad remembers. They ended up having to use a much lighter vehicle instead of the original truck. “We live in the Amish capital of the world so we figured an Amish buggy would be perfect,” Chad said. Co-creator Mike Monter told Future Studios Cars: “He called me up, said we’re not doing a pulling truck anymore, we’re doing an Amish buggy – seemed natural.” The build and modifications cost around $30,000 and took roughly 700 hours of labour to complete: “Many all-nighters,” Chad said. When out in public, people struggle to believe the bizarre creation actually works. “When people see the Thunder Buggy they can’t believe their eyes and the first question is, does it really move? Yes it does,” explained Chad. Traditionally, these buggies would have been moved by horses so this particular one is far from conventional. “The buggy is not designed to take 100 feet of electrical wiring, fuel tanks and a jet engine,” Chad admitted. With a top speed of 65 miles per hour before the wheels start shaking, this exhibition-only vehicle was not built for speed: “It’s a really simple engine design, it’s some pretty awesome engineering from back in the 40s,” explained Chad.
⏲ 5:26 👁 6.1M
From savvy storage ideas to timeless tiling, find inspiration for your small bathroom makeover.
⏲ 1:14 👁 970K
There’s no doubt that IONIQ 5 N represents a remarkable milestone in the realm of high-performance EVs. Hyundai N brand’s first high-performance EV harnesses Hyundai Motor Group’s Electrified-Global Modular Platform (E-GMP) with N’s motorsport-honed technologies refined through extensive development in electrified ‘Rolling Lab’ projects. <br/>IONIQ 5 N takes driving to a new level with its impressive Corner Rascal capabilities. These enhancements in body structure, steering and pedal systems make IONIQ 5 N a dynamic and engaging vehicle for drivers who seek a thrilling driving experience.<br/><br/>The steering column, now reinforced with the N R-MDPS system, offers precise control. The greater rigidity enhances steering response and feedback. The N R-MDPS system has been specially tuned with a higher steering ratio and enhanced torque feedback, delivering a more direct and communicative steering feel.
⏲ 2:57 👁 9.2M
13 Stylish Ways To Store And Display Your Collection
⏲ 1:21 👁 1.2M
Oklahoma City Thunder dominated the Dallas Mavericks, becoming the youngest No.1 seed in NBA history.
⏲ 1:14 👁 915K
DESIGNED in the late 60s by Richard Teague, the father of the Jeep Cherokee XJ and Pacer – take a look at the award-winning ‘Javelin’ car. Brothers Mike and Jim Ring are known for having dedicated 4,700 hours to a 1969 Dodge Charger. Now, they’ve taken their passion into doing major bodywork and horsepower changes to high-end muscle car 1972 AMX Javelin. “Too much horsepower in a cool old vintage car, it’s a freak,” Mike said. According to the Ring brothers, the Javelin is an unusual choice for car enthusiasts. “If you talked to all the Ford Mustang guys and all the Camaro guys back then, the AMX Javelin was probably the ugly duckling” said Jim Ring. This did not stop the Ring brothers, and they set about an epic year-long project that cost them a whopping $500,000.
⏲ 4:9 👁 1.2M
Sir Jim Ratcliffe's takeover of Manchester United looks to be complete, and he's already made moves towards his first signing at the club. But rather than a player, it looks likely to be Newcastle United's Sporting Director Dan Ashworth, the man credited with building both Brighton and England in recent years.<br/><br/>But why him? Adam Clery examines what it is Man United have identified that makes him so vital to their new project.
⏲ 11:9 👁 7M
10 Beautiful ways to display books, trinkets And treasured objects.
⏲ 1:13 👁 13.4M
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