Malcolm ForbesMalcolm Stevenson Forbes (August 19, 1917 - February 24, 1990), known as Malcolm Forbes, was publisher of the magazine Forbes, founded by his father B.C. Forbes and today run by his son Steve Forbes.
Malcolm Forbes was legendary for his lavish lifestyle, his private "Capitalist Tool" jet, ever larger Highlander yachts, huge art collection, and opulent birthday parties....his 70th in Morocco. After dabbling in politics, including a term in the state legislature and candidacy for Governor of New Jersey, he committed to the magazine fulltime by 1957, three years after his father's death, and after the death of elder brother Bruce Forbes in 1964 acquired sole control of the company.
The magazine grew steadily under his leadership, and he diversified into real estate sales and other ventures. He died suddenly in 1990.