Forbes is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong-based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes,[3] while Sherry Phillips has been CEO since January 2025.[4][5] The company is headquartered in Jersey City, New Jersey.
Published eight times per year, Forbes features articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30), of America's wealthiest celebrities, of the world's top companies (the Forbes Global 2000), of the world's most powerful people, and of the world's billionaires.[6]
Since 2010, the Forbes.com website has become increasingly reliant on freelance contributor network writers who have limited editorial oversight from the publication, the quality of which has been criticised and described as enabling "pay-to-play journalism".
Company history
B. C. Forbes, a financial columnist for the Hearst papers, and his partner Walter Drey, the general manager of the Magazine of Wall Street,[7] founded Forbes magazine on September 15, 1917.[8][9] Forbes provided the money and the name and Drey provided the publishing expertise. The original name of the magazine was Forbes: Devoted to Doers and Doings.[7] Drey became vice-president of the B.C. Forbes Publishing Company,[10] while B.C. Forbes became editor-in-chief, a post he held until his death in 1954. B.C. Forbes was assisted in his later years by his two eldest sons, Bruce Charles Forbes (1916–1964) and Malcolm Forbes (1919–1990).
Bruce Forbes took over after his father's death, and his strengths lay in streamlining operations and developing marketing.[8]
Other publications
Apart from Forbes and its lifestyle supplements, Forbes Life, the magazine has 42 international editions covering 69 countries:[36]
- Forbes Africa
- Forbes Afrique (Francophone Africa)
- Forbes África Lusófona (Lusophone Africa)
- Forbes Argentina
- Forbes Australia
- Forbes Austria
- Forbes Belgium
- Forbes Brazil
- Forbes Bulgaria
- Forbes Central America
- Forbes Chile
- Forbes China
- Forbes Colombia
- Forbes Cyprus
Forbes.com
David Churbuck founded Forbes's web site in 1996. The site uncovered Stephen Glass's journalistic fraud in The New Republic in 1998, an article that drew attention to internet journalism.[45] At the peak of media coverage of alleged Toyota sudden unintended acceleration in 2010, it exposed the California "runaway Prius" as a hoax, as well as running five other articles by Michael Fumento challenging the entire media premise of Toyota's cars gone bad. The website (like the magazine) publishes lists focusing on billionaires and their possessions, especially real estate.[46][47][18]
Forbes.com is part of Forbes Digital, a division of Forbes Media LLC. Forbes's holdings include a portion of RealClearPolitics. Together these sites reach more than 27 million unique visitors each month. Forbes.com employs the slogan "Home Page for the World's Business Leaders" and claimed, in 2006, to be the world's most widely visited business web site.
Forbes8
In November 2019, Forbes launched a streaming platform Forbes8, highlighting notable entrepreneurs and sharing business tips.[58][59][60] In 2020, the network announced the release of several documentary series including Forbes Rap Mentors, Driven Against the Odds, Indie Nation and Titans on the Rocks.[61]
See also
- Forbes 30 Under 30
- Forbes 400
- Forbes 500
- Forbes Global 2000
- The World's Billionaires
- World's 100 Most Powerful Women
- World's Most Powerful People
- List of centibillionaires
Further reading
- Twenty-five years of the editor's columns from Forbes
External links
- Forbes at the Internet Archive
References
- Jim Romenesko. Randall Lane returns to Forbes as editor Poynter.org, August 9, 2011^
- Consumer Magazines Alliance for Audited Media^
- Emma Silva. Mike Federle Succeeds Mike Perlis As CEO Of Forbes