Mr. Steve Forbes, Publishing Magnate (Forbes Magazine), Former US Presidential Candidate

Steve Forbes (Malcolm Stevenson Forbes, Jr.) is Publisher and Editor-in-Chief of Forbes Magazine and was in the US Presidential Primaries in 1996 and 2000.

In 1996 Steve emphasized his economic policies and became renowned for a drastically simplified income tax code that would include a single “flat” tax rate. In 2005 he wrote a book on the subject, “Flat Tax Revolution: Using a Postcard to Abolish the IRS”. (2005)

He was the first son of Malcolm S. Forbes, a prominent businessman and grandson of B.C. Forbes, a Scottish immigrant who founded Forbes magazine.

The author of numerous titles, he is renowned for his political positions and economic theories. His published book titles include:

  • “How Capitalism Will Save Us: Why Free People and Free Markets are the Best Answer in Today’s Economy”, by Steve with Elizabeth Ames (November 2009)
  • “Power, Ambition, Glory”. (2009)

In 1985, former President Ronald Reagan appointed Steve to head the Board for International Broadcasting which oversaw Radio Liberty and Radio Free Europe, and President George H.W. Bush reappointed Steve to the position.

In 1993 together with Jack Kemp, he founded Empower America, a group that advocated supply-side economic policies, including low taxes and deregulation as the best means for stimulating growth.

In 2001 Steve Forbes joined the board of trustees of the Heritage Foundation, a conservative think tank.

Steve is well-known for his witty quotes and walks the talk, “You don’t change minds in Washington with sweet reason. You do it to the white light of public opinion.”

Steve is known for his performances on Saturday Night Live (1975), Who is Vermin Supreme? An Outsider Odyssey (2014) and An Inconvenient Tax (2011).

He graduated from Princeton University with a B.A. in American History.

He is married to Sabina Forbes and they have five daughters.

Steve contributed one hour of his life story to Legacy.