About Steve Forbes
Malcolm Stevenson Forbes Jr., better known as Steve Forbes, is one of the most successful American publishing executives. He is a member of Republican political party and was a candidate for nomination for president in 1996 and 2000. Malcolm is currently responsible for editing Forbes, an influential business magazine founded by his grandfather B.C. Forbes in 1917. He is also heading Forbes, Inc., formerly known as B.C. Forbes Publishing Company. As for 2013, Steve Forbes net worth is estimated at $430 million, making him one of the wealthiest and most influential publishers in the United States.
Steve was born in New Jersey, in a family of Roberta Ramsen and Malcolm Forbes. Just like his own father and son, Malcolm was a publisher. He and his brother Bruce Charles Forbes succeeded their father in managing his magazine and publishing company. In the society Malcolm Sr. was well known as a promoter of capitalism and supporter of the Republican Party. He led an extravagant lifestyle and used to spend millions on luxurious houses, aircrafts, yachts and parties. The gossip goes that by the time of his death Malcolm Sr.
’s fortune was significantly superior to Steve Forbes net worth: his father’s capital and assets might have been worth up to $1 billion. Following His graduation from Brooks School, Steve enrolled at Princeton College. While still studying there, the future business magnate founded his first magazine, entitled Business Today. Although it was founded as a non-profit student organization and did not add a single penny to Steve Forbes net worth, he was proud of his publication as it has helped to start communication between business executives and talented college students.
In 1990 Steve’s father, Malcolm Forbes, died of a heart attack. Following this, Steve succeeded his him as a Chief Executive Officer and President of Forbes publishing company. He also started serving as an Editor-in-Chief for Forbes magazine. In 2006 various media sources in the U.S. announced that Bono became one of the company’s minority interest holders. For the curious ones, this musician, best known as the founder and leader of the legendary rock band U2, has a fortune significantly superior to Steve Forbes net worth. According to the latest news, his capital and assets are evaluated at $ million.
What about his personal life? Steve and Sabina Beekman got married in the early 1970s. During the following years the couple conceived five daughters: Roberta, Catherine, Sabina, Elizabeth and Moira. Moira, born in 1979, is currently serving as a publisher of Forbes Woman and Forbes columnist. She is also a former television host and a passionate keynote speaker on various female gatherings. There is a good reason to believe that Moira is going to inherit a good part of Steve Forbes net worth.