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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.
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Sheik vlog
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Larry Connor made a fortune in luxury apartments by obsessing over the smallest transaction. His strategy has paid off for years, but now that the market has shifted, how close to the edge is he willing to go? <br/><br/>“You’ve got to be willing to take calculate risk, not stupid risk,” Connor says. That has been a winning strategy for him and his real estate firm, the Connor Group, which has led to three decades of astronomical returns and a $2 billion personal fortune.<br/><br/>Since he cofounded the business in 1991, its investments in luxury apartments have generated an annual rate of return of 30.4%. That’s almost unheard of in an industry in which titans such as Blackstone and Brookfield have posted returns of 16% and 18% in real estate, respectively, since inception. <br/><br/>0:00 Intro<br/>0:52 Who is Larry Connor?<br/>1:15 Entrepreneurial Journey<br/>4:11 Formation of The Connor, Murphy and Berman Group<br/>5:25 Methodology for Success <br/>6:52 Thrill-seeking Adventures <br/>8:11 Philanthropic Pursuits<br/>11:01 The Greater Dayton School<br/>13:44 Larry the Leader<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/giacomotognini/2024/04/17/meet-the-skydiving-billionaire-with-sky-high-returns/?sh=48136b3f8dfa<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.
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Riyas sona
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AZIATKA
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Netflix reported first-quarter revenue of $9.37 billion, up from $8.16 billion a year ago and beating estimates of $9.28 billion. Earnings per share were $5.28 versus the $4.52 expected. Total paid memberships rose 16% year-over-year to reach 269.6 million, above estimates of 264.2 million. Netflix will no longer report quarterly membership numbers or average revenue per user starting next year. The company stated that it now focuses on revenue and operating margin as its primary financial metrics and considers engagement as the primary indicator of customer satisfaction. Netflix is exploring live sports like a WWE partnership and video games expansion. Shares fell 4% in after-hours trading.
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The Quint
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