How Long Has Forbes Been in Business? – And What Lies Ahead

For over a century, Forbes has been a pillar of business journalism and financial reporting. Since its inception in 1917, Forbes has carved out a significant niche in providing valuable insights into the world of business, finance, and more. But just how long has Forbes been in business?

This question leads us to explore the rich history and enduring impact of this iconic publication.

A Historical Overview of Forbes

Founded by Bertie Charles Forbes, a Scottish immigrant with a keen eye for business trends, Forbes magazine first hit the stands in 1917. Forbes, originally envisioned as a publication dedicated to business and financial news, quickly grew into a respected source of information. Over the years, it expanded its scope to include coverage of technology, personal finance, sports, and lifestyle topics.

Founding and Early Years

reason.com | Steve Forbes, Malcolm’s son, takes over as chairman and editor-in-chief, carrying on the family legacy.

• 1917 – Bertie Charles Forbes establishes Forbes magazine.
• 1954 – Upon Bertie Forbes’ passing, his son Malcolm Forbes takes over the magazine.
• 1990 – Steve Forbes, Malcolm’s son, becomes chairman and editor-in-chief, continuing the family’s legacy.

Forbes’ journey from a family-run publication to a global media powerhouse reflects its adaptability and commitment to delivering timely and relevant content.

Forbes’ Notable Achievements and Offerings

One of the most compelling aspects of Forbes is its ability to adapt and thrive in the ever-evolving media landscape. The magazine has become renowned for its lists, which rank various individuals, companies, and institutions across a wide array of categories. Here’s a closer look at some of its most influential lists:

Forbes Lists and Rankings

• The Billionaires List – A comprehensive rundown of the world’s wealthiest individuals.
• 30 Under 30 –  Spotlighting young entrepreneurs and innovators across multiple industries.
• The World’s Most Powerful People – Featuring influential figures who shape global affairs.
• The Celebrity 100 – Ranking the highest-paid entertainers globally.
• The Global 2000 – Listing the largest public companies around the world.
• America’s Top Colleges – Highlighting the best institutions for higher education in the U.S.

These lists are more than just rankings—they offer valuable insights into the people and companies that drive global trends and innovations.

The Evolution of Forbes

Freepik | bluemezze | Forbes has experienced various ownership changes throughout its history.

Ownership Changes and Current Structure Forbes has undergone several ownership changes since its founding. In 2014, Forbes Media sold a majority stake to Integrated Whale Media Investments, a Hong Kong-based investment firm. Despite this change, the Forbes family remains involved in the company, preserving its heritage and ensuring the continuity of its mission.

Digital Transformation With the rise of digital media, Forbes has significantly expanded its online presence. The website, Forbes.com, is a major platform for daily news, long-form articles, and video content. It attracts millions of visitors each month and maintains a strong social media presence, reflecting its continued relevance in the digital age.

The Forbes Impact

Forbes’ influence extends far beyond its magazine and lists. Its comprehensive coverage and in-depth reporting make it a vital resource for anyone interested in understanding the dynamics of business, finance, and global affairs. The magazine’s reach—boasting over 5 million readers and a vast digital audience—underscores its role as a leading voice in financial journalism.

Understanding how long has Forbes been in business provides a glimpse into its enduring impact and relevance. From its early days as a family-run publication to its current status as a global media giant, Forbes has consistently delivered valuable insights and news to its audience. Its evolution reflects the changing media landscape while maintaining its core mission of providing authoritative and engaging content.