Grandson of the journalist who founded Forbes magazine: Who is Malcolm Stevenson Forbes?

The American publisher who published the famous economic magazine "Forbes" was considered among the richest men in the world.

Forbes was also very adept at portraying himself in the media and made a name for himself with his extraordinary motorcycle rides and hot-air balloon flights.

Forbes was born in New York, the son of a publisher. After graduating from college, he began studying political economy at Princeton University in 1937 and graduated from there.

A year after receiving his university degree in 1941, he joined the Second World War as a soldier. He was seriously injured and returned to the USA just before the end of the war.

Malcolm Stevenson Forbes Jr. (born July 18, 1947) is an American publishing executive and politician who is the editor-in-chief of Forbes, a business magazine. He is the son of longtime Forbes publisher Malcolm Forbes and the grandson of that publication's founder B.C. Forbes. He is an adviser at the Forbes School of Business & Technology. Forbes was a candidate in the 1996 and 2000 Republican presidential primaries.

Without having to climb the corporate hierarchy at any length, Forbes joined his father's publishing house at the age of 27 as vice president and partner. After gaining a reputation in society, he wanted to have a career in politics. Forbes was elected as a New Jersey senator from the Republican Party in 1925 and served in this position until 1958.

His efforts to become governor of New Jersey in 1957 were in vain. In 1957, ten years after Forbes joined his father's company, he became the sole responsible manager of the publishing house. At the same time, he served as the editor-in-chief of the economic magazine "Forbes", which is considered the label of the publishing house.

Seven years later, he was appointed chairman of the company's board of directors. Forbes, who had become a multimillionaire thanks to the success of his magazine (mid-1994 sales: German edition about 120,000; English edition about 700,000) and other publications and other corporate partnerships, spent his money primarily on expensive, eccentric trips.

Forbes, who learned to ride a motorcycle only towards the end of the 60s, first crossed the USA on his Harley Davidson motorcycle. He also became a passionate balloonist. When he successfully flew over the USA in a balloon at the age of 53, he broke several world records and won many awards in the field of aviation, as he advertised himself.

Forbes, a world citizen who owns magnificent mansions in many countries, also made a name for himself as a collector. His special interests included zinc toy soldiers and ship models. After Forbes handed over the chairmanship of his business in 1980 and assumed the chairmanship of its board of directors, he devoted himself entirely to his eccentric passion for travel.

In 1982, he toured the People's Republic of China on his motorcycle. In the following years, he toured Pakistan and the USSR and used the contacts of his compatriot Armand Hammer in his travel plans. Forbes, a capitalist who was aware of the importance of the media, allowed press and television representatives, as well as family members, to accompany him on his trips. In these travels, he saw himself as an ambassador among people who wanted to contribute to international reconciliation.

Forbes was discouraged when the helium-filled balloon he wanted to cross the Atlantic in Germany broke away from his gondola in 1985. Having escaped injury, Forbes abandoned the attempt and published his memoirs of the trip in his book Around the World on Hot Air and Two Wheels. In the same year, 66-year-old Forbes divorced Roberta Remsen, with whom he was married for 40 years and had five children.

When Forbes signed a cooperation agreement with German publisher Hubert Burda, the famous business magazine managed to enter the German market. Accordingly, the magazine, which was published every two weeks in the USA, would be published once a month in Germany. Forbes, who was considered one of the richest men in the United States, died in Far Hills, New York, at the age of 70, a year after this agreement.