Under Mr. Forbes’ leadership, the company has launched a variety of new publications and businesses. They include: ForbesLife, the dedicated luxury lifestyle and culture magazine; Forbes Asia; and Forbes licensee editions published in Africa, Bulgaria , China, Croatia, India, Indonesia, Israel, Korea, Latvia, Middle East, Poland, Romania, Russia, Slovakia, Turkey and Ukraine. The company also publishes a number of investment newsletters. Another division of the company is Forbes Investors Advisory Institute.
In 1996 Forbes entered the new media arena with the launch of Forbes.com. Now averaging 18 million unique monthly visitors, it has become a leading destination site for senior business decision-makers and investors. Other Forbes Web sites are: ForbesWoman.com; RealClearPolitics.com; RealClearMarkets.com; RealClearSports.com and RealClearWorld.com. Together with Forbes.com, these sites reach nearly 20 million business decision-makers each month.
The company’s flagship publication, Forbes, is the nation’s leading business magazine, with a circulation of more than 900,000. Forbes combined with Forbes Asia and the company’s licensee editions together reach a worldwide audience of more than 6 million readers. The circulation of Forbes international editions is 590,500.
Mr. Forbes writes editorials for each issue of Forbes under the heading of “Fact and Comment.” A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.
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In both 1996 and 2000, Mr. Forbes campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Mr. Forbes continues to energetically promote this agenda.
Mr. Forbes is the author of: Freedom Manifesto: Why Free Markets Are Moral & Big Government Isn’t, How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Today’s Economy, co-authored by Elizabeth Ames (Crown Business, November 2009); and Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today . . . and the Lessons You Can Learn, co-authored by John Prevas (Crown Business, June 2009). He also wrote: Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005); and A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium.
In 1985, President Reagan named Mr. Forbes Chairman of the bi-partisan Board for International Broadcasting (BIB). In this position, he oversaw the operation of Radio Free Europe and Radio Liberty. Broadcasting behind the Iron Curtain, Radio Free Europe and Radio Liberty were praised by Poland’s Lech Walesa as being critical to the struggle against communism. Mr. Forbes was reappointed to his post by President George H. W. Bush and served until 1993.
Steve Forbes was born on July 18, 1947, in Morristown, New Jersey. He graduated cum laude in 1966 from Brooks School in North Andover, Massachusetts. He received a B.A. in history from Princeton in 1970.
Mr. Forbes serves on the boards of The Ronald Reagan Presidential Foundation, the Heritage Foundation and The Foundation for the Defense of Democracies. He is on the Board of Overseers of the Memorial Sloan-Kettering Cancer Center and on the Board of Visitors for the School of Public Policy of Pepperdine University. He previously served on the Board of Trustees of Princeton University for ten years.