Nov 13, 2015: New York Times: Forbes Says It Is for Sale
Forbes Media, which publishes Forbes magazine and has been making an extensive push into digital media and native advertising, is up for sale, the company confirmed in an email to the staff Friday morning.
Sept 15, 1917: B. C. Forbes, a financial columnist for the Hearst papers, and his partner Walter Drey, the general manager of the Magazine of Wall Street, founded Forbes magazine.
May 17, 2007: After failing to find a buyer for American Heritage and Invention & Technology magazines, Forbes suspended publication of these two magazines.
January 6, 2014: Forbes magazine announced that, in partnership with app creator Maz, it was launching a social networking app called "Stream". Stream allows Forbes readers to save and share visual content with other readers and discover content from Forbes magazine and Forbes.com within the app.
NEW YORK (July 11, 2018) – Forbes released today its fourth annual list of America’s Richest Self-Made Women. These 60 women, who have a record combined net worth of $71 billion, up 15% from $61.5 billion in 2017, have shattered ceilings and scaled new heights, making fortunes in everything from genetic testing to slimming shapewear. The minimum net worth needed to make this year’s list is $320 million, up from $260 million last year. Diane Hendricks, cofounder and chairman of ABC Supply, the nation’s largest roofing distributor, reclaims the top spot on this year’s list of America’s most successful women entrepreneurs, with a net worth of $4.9 billion. Marian Ilitch, worth $4.3 billion, falls to the No. 2 spot, as higher labor costs and commodity prices take their toll on her Little Caesars pizza chain. Epic Systems’ Judy Faulkner climbs three spots to No. 3, with a net worth of $3.5 billion. Rounding out the top five are Meg Whitman (No. 4, $3.3 billion) and Johnelle Hunt (No. 5, $3.2 billion).
August 26, 2021 08:36 AM Eastern Daylight TimeNEW YORK--(BUSINESS WIRE)--Forbes Global Media Holdings Inc., the iconic business information brand that convenes and curates the most influential leaders driving change, and Magnum Opus Acquisition Limited (NYSE: OPA), a publicly traded special purpose acquisition company focusing on global consumer, technology and media sectors, announced today that they have entered into a definitive business combination agreement. The transaction is expected to close in late fourth quarter 2021 or early first quarter 2022 and will enable Forbes to further capitalize on its successful digital transformation, using technology and data-driven insights to create more deeply engaged audiences, and associated high-quality and recurring revenue streams.
Forbes’ existing management team of industry veterans, all of whom have been instrumental in Forbes’ digital transformation and recent record business results, will continue to manage the combined company upon completion of the transaction under the leadership of Chief Executive Officer Mike Federle.