Steve Forbes is the chief editor and the chairman of the business magazine that his grandfather found “Forbes”. He took over the Forbes magazine business after his father’s death. Steve Forbes ran for the Republican Party primaries 2 times. Keep reading to know more about Steve Forbes’s net worth in 2019.
Malcolm Stevenson Forbes Jr. was born on July 18, 1947 in Morristown, New Jersey, United States. His father, Malcolm Forbes was the publisher of Forbes magazine but he died in 1990, and his mother Roberta Remsen died in 1992.
Steve Forbes has 3 brothers, publisher Christopher Forbes, Robert Forbes and Tim Forbes. His sister is Moira Mumma. Steve Forbes finished his schooling from the Brooks School, Far Hills Country Day School, and he graduated from the Princeton University. He also holds degrees from the Lehigh University in Pennsylvania, and from the New York Institute of Technology.
Steve Forbes married Sabina Beekman in 1971. Steve and Sabina gave birth to 5 daughters, journalist Moira Forbes, Sabina Forbes, Roberta Forbes, Catherine Forbes and Elizabeth Forbes.
During his time at the university, Steve Forbes co-found a magazine along with Jonathan Perel and Michael Mims named “Business Today”. For his political career, it all started in 1985 when he worked as the head of the Board of International Broadcasting for the 40th President of the United States, Ronald Reagan. Steve Forbes ran for the Republican nomination presidency 2 times, in 1996 and in 2000. He spent around 100 million dollars on the campaigns of each try.
Forbes magazine was founded by Steve’s grandfather B. C. Forbes in 1917, and later Steve’s father Malcolm Forbes took over the company. Following his father’s death, Steve Forbes became the chief executive and the chief editor of the magazine. Forbes magazine now is considered as the 1st business magazine in the whole world.
Steve Forbes has also been authoring and publishing books. In 2005, he published a book regarding taxes and it’s titled “Flat Tax Revolution: Using a Postcard to Abolish the IRS”. His most recent work was co-authoring 2 books along with Elizabeth Ames, their titles are “Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It”, and “Reviving America: How Repealing Obamacare”.
Awards & Achievements
Steve Forbes doesn’t have any awards or nominations to mention. He holds honor degrees from the Lehigh University in Pennsylvania, and from the New York Institute of Technology. Steve Forbes took over the Forbes magazine company after his father died and he has been achieving great success with it as it is recently considered as the world’s 1st best business magazine. He also did great achievements for the Republican Party and so far he ran for their nominations 2 times.
Net Worth of Steve Forbes
Steve Forbes has an estimated net worth of more than $430 million. He made his fortune from the Forbes magazine that he took over after his father’s death, and he currently works as the chief editor and their chairman. Steve Forbes spent around $100 million on each of his 2 presidential Republican Party runs. He also authored and co-authored several books and the most recent one is titled “Reviving America: How Repealing Obamacare”.
Steve Forbes is a great author and businessman. He took over Forbes magazine company after his father’s death and he currently works as their chairman and chief editor. Steve Forbes has also authored and co-authored several books. He has ran for the 2000 and the 1996 Republican Party primaries but he was never close to winning any. Steve Forbes is married to Sabina Beekman, and they are happily living together.