|Headquarters Regions:||New York, New York, United States|
|Founded Date:||15 September 1917|
|Founders:||B. C. Forbes, Walter Drey|
|Number of Employees:||10000+|
|Area served:||United States of America and world|
|Products of Company:||business magazine|
|Net Worth in 2023:||$5 Billion|
Forbes is a famous business magazine in America, which the integrated Whale Media Investments own. The “Forbes family also owns it. “ This magazine is known to publish about eight times in one year. It is known to feature famous articles that are originally based on finance, industry, investing, marketing, and others.
Forbes is also known to publish articles on topics such as technology, communication, science, politics, and law. The headquarters of Forbes is in Jersey City, which is in New Jersey. Steve Forbes is the editor-in-chief of Forbes, and all the articles in this magazine are published in the English language.
Well, how well do you know about Forbes? If not much, we have compiled all you need to know about Forbes’s net worth in 2023, wiki and complete details. Well, if you’re all set, here is what we know about Forbes to date.
The first issue of the company of Forbes was launched in the year 1917 and in the month of September. It was founded by a financial columnist for the “Hearst” papers known as B.C. Forbes and his partner Walter Drey. Walter by profession was the general manager of the “Magazine Of Wall Street.” The magazine’s original name used to be “Forbes: Devoted To Doers And Doings.”
Later, as the magazine slowly started becoming successful, Walter became the vice president of it. Forbes became the editor-in-chief of the magazine. His two sons assisted force- Bruce and Malcolm, and he had held his post of the editor-in-chief till his death in the year 1954.
After his death, Bruce took his father’s position, and during his tenure, the magazine’s success and its circulation nearly doubled from the year 1954 to the year 1964. After the death of Bruce, Malcolm became the president and chief executive of the magazine. Further, he also became the editor-in-chief. In the year 1993, under the editor named James Michaels, Forbes became a finalist under the “National Magazine Award. ”
The other languages in which Forbes started its publications are “Forbes Africa, “Forbes Georgia” “Forbes Mexico, “”Forbes Russia,” “Forbes Thailand,” “Forbes Belgium,” “Forbes Bulgaria,” “Forbes France,” and others. The chief editor Steve Forbes and the other writers of the magazine are known to offer several investment advice on the channel “Fox,” where the TV show is named as “Forbes on Fox,” and “Forbes on the radio.
Forbes has another company group such as “Forbes Conference Group, “Forbes Investment Advisory Group,” “Forbes custom media.” In recent times, Steve Forbes is known to launch a Forbes magazine in India as well. Steve’s daughter launched “Forbes Woman,” which is a quarterly magazine based on women’s lifestyle. Forbes is also known to publish the “Forbes travel guide” from the year 2009.
In the year 2013, the “Forbes School of Business and Technology” was launched after Forbes was known to license its brand to “Ashford University. ” In the year 2014, Forbes announced that it has partnered with “Maz,” which is an app creator, and together they decided to launch a social networking app called “Stream. ” This app helps the readers of Forbes magazine save and share their visual content with the other magazine readers. They can further discover various content from the magazine within the app itself.
Awards & Achievements
Forbes is known to have several recognitions and several successes in the field of business. This magazine is famous for the various publishment of lists and rankings of people. Some of the lists include “Forbes 400”, “Forbes List Of The World’s Most Powerful People,” “Forbes Global 2000”,
In 2019, Forbes decided to launch a streaming platform named “Forbes8”, a video network platform that provides original content due to its high success. The network consists of several videos, and as per the statement of Forbes, this platform is the “Netflix for entrepreneurs.” In the year 2020, Forbes8 released several documentaries such as “Forbes Rap Mentors, “Driven Against The Odds,” “Indie Nation,” and “Titans On The Rocks.” This company is known to win the “2020 Webby People’s Voice Award”. They were presented with the award under the category of “Business Blog\ Website.”
Net Worth & Earnings of Forbes in 2023
The Forbes magazine’s net worth is huge- because it grew quite successful and popular and is one of the most successful companies in recent times. Its net worth is around or more than $5 billion as of 2023. Thus, through this amount, it can be well known that how successful the company of Forbes is financial.
Forbes is truly a successful company that might be the richest company if it starts getting the amount of success it is getting in the present moment. This company is known to win the “2020 Webby People’s Voice Award”. They were presented with the award under the category of “Business Blog\ Website. ” It is inspiring that Forbes’s company has been pushed up towards the currently successful future of Forbes with the sheer hard and smart work done by all of its members.