Malcolm Forbes
Malcolm Forbes | |
|---|---|
Forbes in 1957 | |
| Member of the New Jersey Senate from Somerset County | |
| In office January 1952 – September 8, 1958 | |
| Preceded by | Freas Hess |
| Succeeded by | William E. Ozzard |
| Personal details | |
| Born | Malcolm Stevenson Forbes August 19, 1919 Englewood, New Jersey, U.S. |
| Died | February 24, 1990 (aged 70) Far Hills, New Jersey, U.S. |
| Political party | Republican |
| Spouse |
Roberta Remsen Laidlaw
(m. 1946; div. 1985) |
| Children | 5, including Steve and Christopher |
| Relatives | B. C. Forbes (father) Forbes family |
| Education | Princeton University (AB) |
| Civilian awards | Pride of Performance (1983) Motorcycle Hall of Fame (1999) New Jersey Hall of Fame (2008) |
| Military service | |
| Allegiance | United States |
| Branch/service | United States Army |
| Years of service | 1941–1946 |
| Rank | Staff Sergeant |
| Unit | 84th Infantry Division, 334th Infantry Regiment |
| Battles/wars | World War II |
| Military awards | Bronze Star Purple Heart |
Malcolm Stevenson Forbes (August 19, 1919 – February 24, 1990) was an American businessman and Republican Party 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.