SACRED LEGACY ARCHIVES™

Malcolm Forbes

1919-08-19 – 1990-02-24

A picture of Malcolm Forbes, Sr. shortly after announcing to the press he was running for Governor of New Jersey a second time (after losing the 1953 NJ Gov. primary). This time he won the nomination and lost the General Election.Credit: Acpritt

Life & Legacy

Malcolm Stevenson Forbes (August 19, 1919 – February 24, 1990) was an American businessman and politician most prominently known as the publisher of Forbes magazine, which was founded by his father B. C. Forbes. He represented Somerset County in the New Jersey Senate from 1952 to 1958 and ran two campaigns for Governor of New Jersey. In 1953, he lost the Republican nomination to Paul L. Troast, who had the support of most of the party establishment. In 1957, he won the Republican nomination but lost the general election to incumbent Governor Robert Meyner. He was known as an avid promoter of capitalism and free market economics and for an extravagant lifestyle, spending on parties, travel, and his collection of homes, yachts, aircraft, art, motorcycles, and Fabergé eggs.

Occupation & Career

publisher, politician, socialite, journalist, businessperson, art collector

Education

Princeton University; Lawrenceville School

Accomplishments, Inventions & Publications

Bronze Star Medal; Purple Heart; Harmon Trophy; New Jersey Hall of Fame; Pride of Performance; Aviation Hall of Fame and Museum of New Jersey; Walter Cronkite Award for Excellence in Journalism

Legacy Highlights

Honors & Awards

Aviation Hall of Fame and Museum of New Jersey · Bronze Star Medal · Harmon Trophy · New Jersey Hall of Fame · Pride of Performance · Purple Heart · Walter Cronkite Award for Excellence in Journalism