Malcolm Forbes was an American entrepreneur, philanthropist, and publisher, widely known as the chairman and editor-in-chief of Forbes magazine. Born on August 19, 1919, in Brooklyn, New York, Forbes was the son of B.C. Forbes, the founder of Forbes magazine.
Forbes took over the business from his father in 1957 and transformed Forbes magazine into a widely respected publication focused on business, finance, and entrepreneurship. Under his leadership, Forbes magazine became a highly influential source of information in the business world, known for its annual lists, including the Forbes 400 richest Americans and Forbes Global 2000.
Beyond his accomplishments as a publisher, Forbes was a successful businessman with varied interests. He was well-known for his opulent lifestyle, collecting a vast array of motorcycles, art, and historic artifacts. He also had a passion for hot-air ballooning, having set numerous ballooning records. Forbes further made his mark as a philanthropist, donating large sums of money to various causes, including education, the arts, and medical research.
Malcolm Forbes passed away on February 24, 1990, leaving behind a rich legacy of entrepreneurship, publishing, and philanthropy. He is remembered as a visionary leader who brought Forbes magazine to great heights and made a lasting impact on the business world.
