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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.")
_a-30-year-old-mom-have-an-affire-with-her-teenage-stepson-124-movie-recap.webp "Neo Recap")
⏲ 4 minutes 33 seconds 👁 191.9K
_69-year-old-grandmother-gets-clapped-by-her-daughter39s-boyfriend.webp "King Recaps")
_couple-who-met-as-92.webp "A couple who first met as \")
_sex-amp-the-single-mom-lifetime-promo-from-2003.webp "The Dead Media Group")
_olderwomen-teenageboy-relationship-explained-by-adams-verses-124-olderwomen-teenagers.webp "Adam's Verses")
⏲ 4 minutes 19 seconds 👁 4.1M
_antiques-roadshow-expert-restores-former-chapel-he-bought-for-60k.webp "An Antiques Roadshow expert has bought a former chapel for 60K to convert into a home and workshop - and is calling on others to ‘save these historic structures’.<br/><br/>Wayne Colquhoun, 60, bought Capel Salem in Corris in Wales - which still had a pulpit with a Bible in.<br/><br/>He says he fell in love with the 1868 romantic slate structure which had fallen into disrepair.<br/><br/>The Grade II listed chapel upkeep became too expensive for the diminishing congregation and was on the market in 2017. <br/><br/>Across Wales, chapels fall into the landscape through disrepair, demolition or ‘insensitive conversion’.<br/><br/>He bought the chapel for £60k, transforming the upper gallery into a three-bed apartment, adding floorboards covering half the gallery.<br/><br/>Wayne said: “When I bought it the bible was still on the pulpit, as though the congregation had walked out and closed the door.<br/><br/>“When people close the doors on old buildings- that’s the danger point. It gets damp and dry rot sets in.<br/><br/>“These historic structures are evocative of Welsh history and have to be saved - we need people who will put their heart and soul into them because it’s easy to butcher conversions.”<br/><br/>He aims to maintain the lower space and Canadian pitch pine panelling for use as his Antiques and Fine Art shop, moved from Liverpool, plus a pottery and sculpture workshop.<br/><br/>He aims to keep as many original features of the property as possible, from its single-glazed arched windows to reusing the pews as kitchen work surfaces.<br/><br/>Nearby, three chapels closest to Capel Salem have closed permanently to worship.<br/><br/>Wayne is in the process of transforming the lower level into his antiques and fine art shop. <br/><br/>He hopes to hold talks and workshops in the space, aiming to build up to employing locals and 'giving back' to the community.<br/><br/>Just 500 feet away sits Holy Trinity Church which closed its doors in 2020 not through lack of attendance, but through disrepair.<br/><br/>Neil Sumner chair of Welsh Religious Buildings Trust wrote that the redundancy of chapels in Wales is due to a 19th century ‘expansionist fervour’ of Nonconformist Chapels (i.e. Baptists, Congregationalists, Methodists).<br/><br/>In 1800 Caernarfonshire there were 30 chapels, rising to 221 in 1851, representing a 700 per cent increase.<br/><br/>Combining this flurry of builds with the 20th-century fall in attendance, Sumner wrote “the result is there are now too many buildings for current needs”.<br/><br/>In an attempt to preserve the character of the increasing chapel conversions, historic environment service Cadw has issued guidelines including keeping the front of the chapels untouched, retaining rooms with self-supporting partitions and allowing ‘characteristic features to show through the new walls and floors’.<br/><br/>Meanwhile the Buildings Trust attempt to conserve Welsh chapels through fundraising and management.<br/><br/>After leaving school Wayne went on to become a specialist in the restoration of historic and listed buildings. <br/><br/>Wayne has run an art gallery for over two decades and is an indepe")
_older-woman-younger-boy-relationship-movie-explained-by-adamverses-124-olderwoman-youngerboy-3.webp "Adam's Verses")
⏲ 4 minutes 47 seconds 👁 4.2M
_37-years-older-woman-17-years-teenage-boy9234s-relationship-movie-explained-by-adams-verses-older.webp "Adam's Verses")
⏲ 4 minutes 19 seconds 👁 1.1M
_92.webp "A woman bought a \")
_having-sex-with-an-older-woman-increases-the-size-of.webp "Road To Success")
_when-you-walk-in-your-parents-room-without-knocking-shorts-mom-dad.webp "Brydell Cocky")
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