Murielle Giroux

Written by Murielle Giroux

Modified & Updated: 01 Jun 2024

Sherman Smith

Reviewed by Sherman Smith


Forbes, the renowned American business magazine, has long been synonymous with wealth, success, and influence. Founded in 1917 by B.C. Forbes and Walter Drey, Forbes has become a staple in the business world, providing invaluable insights into the lives of the most affluent individuals and the most thriving companies.

But beyond its reputation as a leading business publication, Forbes holds some enigmatic facts that many may not be aware of. From its intriguing origin story to its impact on the global economy, Forbes has consistently maintained an air of mystique.

In this article, we will delve into 12 enigmatic facts about Forbes that not only shed light on the magazine itself but also provide a glimpse into the ever-changing landscape of business and finance. So, fasten your seatbelts as we embark on an intriguing journey through the lesser-known aspects of Forbes.

Key Takeaways:

  • Forbes has been shaping the business world for over a century, from its founding by B.C. Forbes to its annual billionaires list, it remains a trusted source of financial news.
  • With its strong online presence and commitment to journalistic integrity, Forbes continues to influence and empower business leaders and entrepreneurs worldwide.
Table of Contents

Forbes was founded in 1917.

With a rich history dating back over a century, Forbes Magazine has been a leading source of business and financial news.

Its founder was B.C. Forbes.

B.C. Forbes, a Scottish immigrant, started Forbes as a small financial newspaper in New York City.

Forbes is known for its annual billionaires list.

Every year, Forbes releases its highly anticipated list of the world’s billionaires, showcasing the wealthiest individuals across the globe.

The Forbes family still owns a controlling stake in the company.

The Forbes family has maintained ownership of Forbes Media, ensuring its commitment to journalistic integrity and independence.

It has a circulation of over 6 million.

Forbes Magazine has a massive reader base, with millions of people around the world turning to it for business insights and financial advice.

Forbes also hosts the annual Forbes Global CEO Conference.

This conference brings together influential business leaders, politicians, and entrepreneurs from around the world for discussions on pressing global issues.

Forbes launched its website in 1996.

Recognizing the importance of the digital age, Forbes expanded its reach by launching an online platform, making its content accessible to a global audience.

It has a strong presence on social media.

Forbes has leveraged social media channels to engage with its audience, sharing insightful articles and promoting thought leadership in the business world.

Forbes has regional editions in various countries.

Recognizing the importance of local markets, Forbes publishes regional editions tailored to specific countries, providing specialized content for its readers.

The Forbes 400 list ranks the wealthiest individuals in America.

The Forbes 400 list highlights the richest individuals in the United States, showcasing the vast wealth and influence held by these individuals.

Forbes started its ForbesWomen platform to empower women in business.

With the goal of promoting gender equality in the corporate world, Forbes launched ForbesWomen to highlight the achievements and challenges faced by women in business.

Forbes is a trusted source for business and financial news.

Forbes has built a reputation for providing accurate, insightful, and well-researched content, making it a go-to resource for professionals and investors alike.


Forbes is undoubtedly an enigmatic entity that has captivated the business and publishing world for decades. From its humble beginnings as a financial newspaper to becoming a leading platform for wealth and success, Forbes continues to shape and influence the global business landscape.

Through its power lists, exclusive interviews, insightful articles, and thought-provoking editorials, Forbes has positioned itself as a trusted source of information and inspiration for aspiring entrepreneurs, executives, and investors alike. Its ability to provide valuable insights into the world of business, finance, and innovation has made it an indispensable resource for those seeking to navigate the complexities of the modern business world.

With its rich history, global reach, and commitment to excellence, Forbes embodies the spirit of entrepreneurship, ambition, and success. It has become synonymous with wealth, influence, and prestige, making it a symbol of aspiration for individuals across the globe.

As Forbes continues to evolve and adapt to the ever-changing media landscape, one thing remains certain – its enigmatic allure is here to stay.


1. What is the history of Forbes?

Forbes was founded in 1917 by B.C. Forbes as a financial newspaper. It started as a small publication but grew over the years to become one of the most influential business magazines in the world.

2. How does Forbes create its famous power lists?

Forbes creates its power lists, such as the Forbes 400 and the World’s Most Powerful People, through a combination of research, analysis, and expert opinions. The lists aim to rank individuals based on their wealth, influence, and impact in various industries.

3. How does Forbes select the companies for its annual “30 Under 30” list?

The “30 Under 30” list by Forbes features young entrepreneurs and innovators who have made significant contributions in their respective fields. The selection process involves receiving nominations, evaluating achievements and impact, and consulting with industry experts to finalize the list of honorees.

4. Does Forbes only focus on business and finance?

Although Forbes is primarily known for its coverage of business and finance, it also covers other topics such as technology, entertainment, and lifestyle. The magazine aims to provide a comprehensive understanding of the global business landscape and its intersection with various industries.

5. Can anyone submit an article or pitch an idea to Forbes?

Yes, Forbes welcomes article submissions and ideas from writers, thought leaders, and industry experts. However, the content must align with Forbes’ editorial guidelines and standards. It is advisable to review the submission guidelines on the Forbes website before pitching an idea or submitting an article.

Forbes' enigmatic history and influence in the business world are truly captivating. But wait, there's more to explore! Want to know about Steve Forbes, the man behind the magazine? Curious about actress Michelle Forbes and her impressive career? How about Forbes Riley, the inspiring entrepreneur? Keep reading to satisfy your curiosity and expand your knowledge.

Was this page helpful?

Our commitment to delivering trustworthy and engaging content is at the heart of what we do. Each fact on our site is contributed by real users like you, bringing a wealth of diverse insights and information. To ensure the highest standards of accuracy and reliability, our dedicated editors meticulously review each submission. This process guarantees that the facts we share are not only fascinating but also credible. Trust in our commitment to quality and authenticity as you explore and learn with us.