Steve Forbes American editor, publisher, businessman and politician Date of Birth: 18.07.1947 Country: USA

1. Biography of Steve Forbes
2. Early Life and Education
3. Business and Political Career
4. Presidential Campaigns
5. Philanthropy and Political Contributions

Biography of Steve Forbes

Steve Forbes is an American editor, publisher, businessman, and politician. He currently serves as the editor-in-chief of the popular business magazine 'Forbes' and is the president and CEO of Forbes Inc, the publishing company. Born in Morristown, New Jersey, Steve is the son of Malcolm Forbes, the previous publisher of Forbes magazine, and the grandson of Bertie Charles Forbes, the founder of the publishing conglomerate.

Early Life and Education

Steve Forbes was born to Roberta Remsen and Malcolm Forbes. He has a diverse heritage with English, Scottish, French, and Dutch ancestry. After completing high school in North Andover, Massachusetts, he went on to attend Princeton University. It was during his time at Princeton that Forbes founded his first magazine, 'Business Today.' Initially started by three students, the publication has now become the largest student-run print publication in the world.

Business and Political Career

Steve Forbes's political career began in 1985 when he was appointed by President Ronald Reagan to the Board of International Broadcasting. However, his father's cabinet was criticized for its excessive spending without proper control of expenses. Forbes played a significant role in helping Christine Todd Whitman develop a tax reduction plan in New Jersey. This program, implemented after Whitman's victory in the gubernatorial election, aimed to reduce taxes by 30%.

Presidential Campaigns

Steve Forbes made two unsuccessful attempts to run for president, in 1996 and 2000, both as a Republican candidate. His campaign style was often described as eccentric, with 'Time' magazine comparing his speeches to comedic sketches about a mad scientist's crazy robot. Although he did not succeed in the presidential race, Forbes continued his leadership role at Forbes magazine and corporation. He remained involved in politics, joining the board of directors of the American organization 'FreedomWorks' in 2006 and serving as a senior political consultant for Rudolph Giuliani's presidential campaign in 2007.

Philanthropy and Political Contributions

Steve Forbes actively sponsors various political projects and ranks 11th on the list of the country's most active donors, according to Campaignmoney.com. Between 1999 and 2011, Forbes made 15 contributions totaling over $7 million. A significant portion of these funds was used for his own presidential campaign in 2000. Additionally, Forbes plays a significant role in the activities of the Washington-based research institute, the Heritage Foundation.