Information about Forbes magazine

 Forbes

          

            Forbes is an American business magazine owned by Integrated Whale Media Investment and the Forbes family . Published eight times a year , it features articles on finance , industry , investing , and marketing topics . Forbes also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City , New Jersey . Competitors in the the national business magazine category include Fortune and Bloomberg Businessweek . Forbes has an international edition in Asia as well as edition produced under in 27 countries and regions worldwide . 

•  First issue September 15 , 1917
•  Forbes is a business magazine.
•  Founder - B. C. Forbes . 
• The magazine is well known for its lists and rankings , including of the richest Americans ( the Forbes 400) , of the America's Wealthy Celebrities . of the world's top companies ( the Forbes Global 200) , Forbes list of the World's , Most Powerful People and Billionaires . 
• The motto of Forbes magazine is " Change the World "
•  It's chair and editor in chief is Steve Forbes , and it's CEO is Mike Federle .
•  In 2014 , it was sold to Hong Kong  based investment group , integrated Whale Media Investments .

HISTORY 

            B . C . Forbes a financial columnist for the Hearst papers , and his partner Waiter Drey , the general manager of the magazine of Wall Street , founded Forbes magazine on September 15 , 1917 Forbes provided the money and the name Drey provided the publishing expertise  . The original name of the magazine Forbes  devoted to doers and doings . Drey became vice president of the B , C. Forbes publishing company while B. C. Forbes became editor in chief , a post he held until his death in 1954 . B. C. Forbes was assisted in his later years by his two eldest sons , Bruce Charles Forbes (1916-1964) and Mlacolm Forbes (1917-1990) .

Bruce Forbes took over after his father's death , and his strength lay in streamlining operations and developing marketing . During his tenure , 1954-1964 , the magazine circulation nearly doubled . On Bruce's death , his brother Malcolm Forbes became president and chief executive of Forbes and  editor in chief of Forbes magazine . Sale to Integrate Whale Media (51% stake ) .

Forbes India 

Forbes India is the Indian edition of Forbes  which is managed by Reliance Industries owned media conglomerate , Network 18 .

Since its founding in 2008 , Forbes India has achieved a circulation of 50,000 copies and makes over Rs 50 crore in topline . The magazine is published fortnightly . In May 2013 , the Network 18 owned   First Post was merged with Forbes India . Shortly thereafter , the four top editorial heads who had led the growth of Forbes India , including its editor in chief Indrajit Gupta , were dismissed under surprisingly humiliating comditions media speculation . Press Club , Mumbai , passed a resolution . the method of ejecting them from the company was nothing short of shameful Journalists are not only messengers of news and information , but are the collective voice of civil society . 

The new editor R. Jagannathan ( erstwhile editor of First Post ) , took over Forbes India . He told The Caravan magazine that " that Forbes is not meant to be an NGO . It is not meant to  be anti - capitalism . The move might be a part of a shift within the journal towards right wing politics , following a large infusion of cash from Mukesh Ambani owned Reliance Industries Limited in the Network 18 conglomerate .