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Forbes

For other uses, see Forbes (disambiguation).

Forbes
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The December 20, 2010, cover of Forbes, featuring WikiLeaks founder Julian Assange
EditorRandall Lane[1]
CategoriesBusiness magazine
FrequencyTwice quarterly
PublisherForbes Media
Total circulation
(2020)		657,215[2]
FounderB. C. Forbes
First issueSeptember 15, 1917 (1917-09-15)
CompanyWhale Media Holdings
CountryUnited States
Based inJersey City, New Jersey, U.S.
LanguageEnglish
Websiteforbes.com
ISSN0015-6914

Forbes (/fɔːrbz/) is an American business magazine founded by B.C. Forbes in 1917 and owned by Hong Kong-based investment group Integrated Whale Media Investments since 2014.[3][4] Its chairperson and editor-in-chief is Steve Forbes, and its CEO is Mike Federle.[5] It is based in Jersey City, New Jersey. Competitors in the national business magazine category include Fortune and Bloomberg Businessweek.

Published eight times a 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 of the richest Americans (the Forbes 400), the 30 most notable young people under the age of 30 (Forbes 30 under 30), America's Wealthiest Celebrities, the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires.[6] The motto of Forbes magazine is "Change the World".[7]

In July 2023, Fortune reported that Austin Russell is attempting to acquire 82 percent of the company.[8] Neither Forbes nor Integrated Whale Media Investments have confirmed the report.[9][10] The transaction attracted scrutiny by the Committee on Foreign Investment in the United States. Russell denied reports that Russian businessman Magomed Musaev is involved in the transaction.[11]

  1. ^ Romenesko, Jim (August 9, 2011). "Randall Lane returns to Forbes as editor". Poynter.org. Archived from the original on February 22, 2014.
  2. ^ "Consumer Magazines". Alliance for Audited Media. Archived from the original on October 13, 2020.
  3. ^ Cite error: The named reference forbes2014 was invoked but never defined (see the help page).
  4. ^ Cite error: The named reference recode11628980 was invoked but never defined (see the help page).
  5. ^ Silva, Emma (November 30, 2017). "Mike Federle Succeeds Mike Perlis As CEO Of Forbes". Folio.
  6. ^ Delbridge, Emily (November 21, 2019). "The 8 Best Business Magazines of 2020". The Balance Small Business. New York City: Dotdash. Best for Lists: Forbes. Retrieved February 8, 2020.
  7. ^ "'Forbes' Launches New Tagline, Brand Campaign". MediaPostb. October 24, 2012. Retrieved January 24, 2020.
  8. ^ Cite error: The named reference russell was invoked but never defined (see the help page).
  9. ^ "Forbes to be acquired by Luminar Technologies' Austin Russell". Axios.com.
  10. ^ "Luminar Tech CEO Russell to acquire majority stake in Forbes". Reuters. May 12, 2023.
  11. ^ "Russian tycoon claims he is behind Forbes purchase, audiotapes show". The Washington Post. October 20, 2023. Retrieved October 22, 2023.
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