Steve Forbes, a prominent figure in the business and publishing world, began his career in the family business, Forbes Inc., in the late 1970s. He started as a fact-checker and reporter, working his way up the ranks, demonstrating an early aptitude for the industry. His first significant role was as an assistant to the editor, where he honed his editorial skills and gained valuable insights into the publishing world.

Forbes’ rise to fame began in 1990 when he was appointed the editor-in-chief of Forbes magazine, a position previously held by his father, Malcolm Forbes. Under his leadership, the magazine’s circulation and influence grew significantly. He is renowned for his focus on wealth creation, economic trends, and global business, making Forbes magazine a go-to source for business and financial news.

Steve Forbes: A Wealth of Accomplishments

Steve Forbes’s Net Worth in 2025

As of 2025, Steve Forbes’ net worth is estimated to be around $430 million, according to the latest available information.

Career

Steve Forbes is a prominent American businessman, publisher, and former presidential candidate. He is the current Chairman and Editor-in-Chief of Forbes Media, a position he has held since 1990. Forbes has also served as a presidential candidate in 1996 and 2000, advocating for a flat tax and a strong economy.

Other Ventures

In addition to his role at Forbes Media, Forbes is also the co-author of several books, including “Flat Tax Revolution” and “How Capitalism Will Save Us.” He has also served as a senior fellow at the Hoover Institution and a visiting professor at the Columbia Business School.

Assets

Forbes’ assets include a significant stake in Forbes Media, which includes the Forbes magazine and Forbes.com. He also owns a substantial real estate portfolio, including properties in New York and California. Additionally, Forbes has a collection of classic cars and artworks.

Annual Income

As the Chairman and Editor-in-Chief of Forbes Media, Steve Forbes’ annual income is estimated to be around $20 million. This includes his salary and any bonuses or dividends from his stake in the company.

Frequently Asked Questions about  Steve Forbes

What is Steve Forbes’ net worth?

Steve Forbes’ net worth is estimated to be around $430 million.

How did Steve Forbes make his money?

Steve Forbes made his fortune through his family’s publishing company, Forbes Media, which publishes Forbes magazine. He served as the company’s CEO and later as its Chairman and Editor-in-Chief.

Is Steve Forbes related to the Forbes magazine founder?

Yes, Steve Forbes is a member of the Forbes family and is the son of Malcolm Forbes, the former publisher of Forbes magazine.

What is Steve Forbes’ background?

Steve Forbes was born in Morristown, New Jersey, and graduated from Princeton University with a degree in history. He later earned an MBA from Columbia Business School.

Has Steve Forbes run for political office?

Yes, Steve Forbes has run for political office. He sought the Republican nomination for the U.S. presidency in 1996 and 2000.

What are the Flat Tax and Steve Forbes connected?

Steve Forbes is a strong advocate of the Flat Tax, a tax system where everyone pays the same tax rate. He has proposed this as a solution to simplify the U.S. tax code.

What is Steve Forbes’ current role at Forbes Media?

Steve Forbes currently serves as the Chairman and Editor-in-Chief of Forbes Media.

What is Steve Forbes’ stance on cryptocurrency?

Steve Forbes has expressed skepticism about cryptocurrencies, stating that they are not true currencies and lack intrinsic value.

What are some of Steve Forbes’ books?

Some of Steve Forbes’ books include “Parasitic Nation: How the Federal Government Is Destroying the American Family”, “Flat Tax Revolution”, and “How Capitalism Will Save Us: Why Free People and Free Markets Are the Best Answer in Time of Crisis”.

What is Steve Forbes’ age?

Steve Forbes was born on July 18, 1947, making him 74 years old.