Forbes offers news and information in businesses, investing, technology, entrepreneurship, leadership, and affluent lifestyles. It is available both as a magazine and a website.Forbes currently employs around 11,000 people. The company estimates that it reaches around 150 million people through their various platforms (online, on social media, live and virtual events, video, and print).Forbes releases a monthly magazine as well as thirty-seven licensed local editions around the globe.Forbes also publishes ForbesWoman, Forbes Travel Guide, Forbes Asia, and Forbes Life. Forbes produces Forbes on Fox and on Forbes On Radio.Mike Federle has been CEO of Forbes since 2017.
Forbes was founded in 1917 by Bertie Charles (B.C.) Forbes, a Scottish immigrant and financial writer. The magazine struggled through the great depression. Malcom Forbes, B.C.'s son, joined the publication in 1945 and began to hire full-time writers and editors (previously Forbes was written by freelance writers).In 1961, James Micheals became an editor at Forbes, and became known for his "hard-hitting stories." Micheals remained with Forbes until 1999.
Forbes introduced its first special annual issue that ranked the 400 richest Americans in 1982 called "Forbes Richest 400" and referred to as "The Rich List".This list was the inspiration for other Forbes lists such as Forbes’ "30 Under 30." Forbes launched its website in 1996. Forbes Magazine launched the social networking app called "Stream" in 2014, in partnership with the app creation company Maz. The app gives readers access and the ability to share and save content from Forbes magazine and Forbes.com
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