Forbes

From ArticleWorld


Forbes is a financial magazine founded in 1917 by B.C. Forbes. The magazine is published biweekly and composed of several original articles dealing with companies and their operations and has a conservative political slant. The magazine has a circulation of more than five million readers. It is one of the largest and most successful business magazines in the world.

History

The magazine was first published in 1917 by B.C. Forbes. He was a Scottish immigrant who moved to New York from South Africa. Upon his death in 1954 the magazine was run by his sons Bruce and Malcolm. The death in 1964 of his first son Bruce left the magazine in its entirety to his second son Malcolm. He continued the running of the company and passed the business to his sons on his death. The company is headed by Malcolm Stevenson "Steve" Forbes Jr. (1948–) and his brothers.

The headquarters is presently Fifth Avenue in New York City. The magazine has diversified and generated several spin-off magazines such as Forbes Life, Forbes Asia and American Heritage to name a few. The magazine's writers also offer investment advice in a television slot on Fox in the weekly show Forbes on Fox and on the radio in Forbes on Radio. They also presently have a website, Forbes.com, which is one of the most popular business web sites.

Content

Each issue has about sixty articles, ranging from articles on industry, finance, international business, marketing, law and taxes to articles on science and technology. Every issue also includes a column from the Editor-in-Chief entitled Fact and Comment. Forbes also publishes lists of the biggest companies and the richest people in the world. Other lists include the Forbes International 500 and the Forbes 2000. The magazine never misses any merger, ad campaign or lawsuit of importance and the articles always focus on innovators in the business and financial fields.