Forbes Magazine » What You Should Know

What is Forbes Magazine?

Forbes Magazinerather pronounced as Forbes (/fɔːrbz/) is an American business magazine. Published bi-weekly, it features original articles on finance, industry, investing, and marketing topics.

Forbes also reports on related subjects such as technology, communications, science, politics, and law.

Its headquarters is located in Jersey City, New Jersey. Primary competitors in the national business magazine category include,

Notably, the magazine is well known for its lists and rankings. Including the list of the,

On the other hand, the motto of Forbes magazine is “The Capitalist Tool“. Its chair and editor-in-chief are Steve Forbes, and its CEO is Mike Federle.

Important to realize, it was sold to a Hong Kong-based investment group, Integrated Whale Media Investments.

Forbes Magazine
What you need to know about the Forbes Magazine

Is Forbes Magazine Free?

Of course, the answer to that is two-sided. Especially since it provides both free for use and branded content.

Notably, the Forbes Magazine provides daily news coverage on business, technology, financial markets, personal finance, sports and a wide array of other topics.

Perhaps best known for Forbes Magazine, the financial media giant holds ownership positions in:

  1. Realclearmarkets.com,
  2. Realclearsports.com, and
  3. Realclearpolitics.com.

Ultimately, the Forbes Magazine provides a variety of branded content including The World’s Billionaires Real-Time Ranking. In June 2018, the list was headed by:

  • Amazon’s Jeff Bezos, listed at $112 billion of net worth,
  • Followed by Microsoft’s Bill Gates at #2, with a net worth of $90 billion,
  • Berkshire Hathaway’s Warren Buffett at #3, with a net worth of $84 billion,
  • LVMH Moët Hennessy Louis Vuitton SE’s Bernard Arnault at #4, with a net worth of $72 billion, and
  • Facebook’s Mark Zuckerberg at #5, with a net worth of $71 billion.

Additionally, Forbes contributors post directly to the live site, so it won’t go through an editor first.

Editors may make minor changes after publication, and if writers veer too sharply off-topic, posts can be taken down altogether.

The Forbes Magazine
Discover more about Forbes Magazine.

Who is the founder of Forbes Magazine?

The Forbes Magazine as it is known today was founded back in 1917 by Bertie Charles (“B.C.”) Forbes, a business columnist for William Randolph Hearst’s newspaper chain.

Surprisingly, Forbes magazine was the only major business magazine in the United States throughout the 1920s.

By 1930, however, two business magazines had joined the market: Business Week and Fortune.

Working with his father, Forbes’s son Malcolm S. Forbes initiated several changes in the mid-1940s that increased circulation.

Including, hiring a staff of writers to work exclusively for Forbes, starting the Forbes Investors Advisory Institute and investment-advice service.

Editors hired in the 1950s placed great emphasis upon factual accuracy. A move appreciated by businessmen, who increasingly viewed Forbes as a reliable source of financial information.

“Forbes Media is a global media, branding and technology company, with a focus on news and information about business, investing, technology, entrepreneurship, leadership and affluent lifestyles.” Online Digital Media.

The Forbes Magazine Family History

Ultimately, the Forbes Magazine is no longer a family-run publication but was for most of its history.

After serving as a syndicated columnist, Forbes founded Forbes magazine in 1917 and served as editor-in-chief until his death.

His son Malcolm Forbes took over the publishing company in the 1950s after both his father and brother died, and after an unsuccessful run for Governor of New Jersey.

Exemplary, the magazine enjoyed success throughout the 1970s and in 1982 launched the popular “Forbes Richest 400,” a list of the 400 wealthiest Americans.

When Malcolm Forbes died in 1990, his son Steve Forbes became editor in chief. Under his leadership

In addition, Forbes launched several spin-off magazines, including Forbes Global Business and Finance (1998), and established international editions in Europe (1998) and Asia (2005).

Since then, it has been American top business magazine owned by Forbes, Inc. Published biweekly, it features original articles on finance, industry, investing, and marketing topics.

Forbes Magazine
Kylie Jenner To Become The World’s Youngest Self-Made Billionaire (& People Aren’t Happy) – Source: Forbes Magazine

Who is the Forbes Magazine CEO?

For your information, Mike Federle is CEO of Forbes Media and a Director on the Forbes Media, LLC, Board. Not to mention, he oversees the company’s media business as well as its intersection with new businesses that Forbes launches.

Prior to joining Forbes Media in 2011, he was a co-founder, President, and COO of Techonomy Media Inc, a multimedia company based in New York. In which Forbes acquired an equity interest in July 2011.

He is a 25-year veteran of the media industry, where he has held top positions as Publisher of Fortune magazine, Group Publisher of the Time Inc. Business & Finance Network. Especially, that includes media properties such as Fortune, Money, Business 2.0, and CNNMoney.com.

The Sale of its Headquarters

In January 2010, Forbes reached an agreement to sell its headquarters building Fifth Avenue in Manhattan to New York University. Surprisingly, the terms of the sales deal were not publicly reported.

But, Forbes would continue to occupy the space under a sale-leaseback arrangement. The company’s headquarters subsequently moved to the Newport section of downtown Jersey City, New Jersey, in 2014.

Submit your work for Publication

As a matter of fact, you can submit a completed article (regardless of length) to [email protected] for consideration on one of their opinion pages. However, the content in question has to be original and exclusive to Forbes.

But, if for instance, you’ve already published it somewhere else, they’ll reject it. Moreover, expect it to take several business days to have your content reviewed.

All in all, if your goal is to become a regular Forbes contributor, you can apply via Google Form. In addition, you’ll typically provide your,

  • contact information,
  • LinkedIn and Twitter profiles, and
  • ideas about what you want your page to be.

You’ll also need to link to examples of your writing and explain why you’re qualified to have the page you envision.

Resourceful References:

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Below is an additional video: How Dwayne “The Rock” Johnson Became The World’s Biggest Star | Forbes – Sample Story Documentary by the Forbes Magazine.

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