(1919-1990)

Malcom S. Forbes was born on August 19th, 1919 in Brooklyn, New York.
He attended Princeton University and upon graduation in 1941, his classmates
voted him the member of his class who contributed the most to Princeton as an
undergraduate.

In 1941, Forbes joined the United States Army serving as staff sergeant
of the Heavy Machine Gun Section in the 334th Infantry, 84th Division. He saw action
in France, Belgium and Germany. He was wounded just prior to the Battle of the Bulge
when he prevented the possible encirclement of his battalion. For demonstrating initiative,
resourcefulness and alert action he was awarded the Bronze Star and the Purple Heart.

Honorably discharged in 1946, Forbes joined his father at Forbes Magazine.
He became publisher of the magazine on his fatherís death (1954). Under his leadership,
the publication became one of Americaís most successful business magazines, with a
circulation of 735,000. Its annual list of the richest 400 people in America is one of the
most widely quoted sources on the subject of wealth in the United States.A few years later,
he began a political career. In 1951 he was voted in the New Jersey State Senate by a record
plurality. In 1957 Forbes unsuccessfully ran for Governor of New Jersey. He served in the
state Senate until he resigned in 1958. He was worth at least $400 million at his death.
The family continues to run the magazine.

Links:

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Forbes

(by Group 14)