Steve Forbes is President and Chief Executive Officer of Forbes, Inc.
and Editor-in-Chief of FORBES Magazine, the nation's foremost business
magazine. In 1994, for the third consecutive year, FORBES carried more
advertising pages than any other magazine in America. No other
biweekly publication can claim this achievement.
Mr. Forbes is also Chairman of Forbes Newspapers, a New Jersey-based
chain of suburban weeklies and AMERICAN HERITAGE Magazine, both
company subsidiaries.
Mr. Forbes assumed his current position in February of 1990. Since
that time, Forbes, Inc. has launched the supplements FORBES FYI and
FORBES ASAP, foreign editions of FORBES magazine, in addition to the
American Heritage Custom Publishing Group and the quarterly FORBES
Media Critic.
Mr. Forbes writes editorials for each issue of FORBES under the
heading of "Fact and Comment." A widely respected economic
prognosticator, he has appeared on many national news programs
including "The McNeil/Lehrer Newshour," "The Nightly Business Report"
and "Wall Street Week."
Mr. Forbes is the only writer to have won the highly prestigious
Crystal Owl Award four times. This prize was given by USX Corporation
to the financial journalist whose economic forecasts for the coming
year proved to be most accurate.
In 1985, President Reagan named Mr. Forbes Chairman of the bipartisan
Board for International Broadcasting which oversees Radio Free Europe
and Radio Liberty. He was re-appointed by President Bush and served in
the post until 1993. He oversaw the operation of Radio Free Europe and
Radio Liberty when they broadcast behind the Iron Curtain and won the
thanks of Poland's Lech Walesa as the critical asset in the struggle
for freedom against communism.
In December of 1993, Mr. Forbes was elected Chairman of the Board of
Directors of Empower America, a grass roots political reform
organization founded by Jack Kemp, Bill Bennett and Jeanne
Kirkpatrick.
On September 22nd, Steve Forbes announced his candidacy for President
of the United States. He was joined at the announcement by his wife
Sabina, their 5 daughters, his 3 brothers, his sister and their
families.
Steve Forbes offers Republican voters a clear choice in the
Presidential primaries. "If the Washington politicians were really
going to change Washington, it would have happened already," Forbes
stated. "They won't -- but we can."
Mr. Forbes proposes scrapping the tax code and starting over with a
low, fair, simple flat tax of 17 percent. "Taxes are a big, big
business. The Washington politicians create complex regulations and
loopholes for lobbyists and special interests -- trading favors for
political support. So, take away the tax code and you take away the
power of the Washington politicians. Scrap the tax code and replace it
with a low, flat tax. It's simple. It's honest -- and that's a big
change for Washington."
Mr. Forbes believes that this and other pro-growth, pro-opportunity
changes will enable America to expand not only in an extraordinary
rise in our standard of living, but to dramatically improve our
quality of life.
Malcolm S. Forbes, Jr., was born on July 18, 1947 in Morristown, New
Jersey. He received a B.A. in history from Princeton University in
1970. At Princeton, he was the founding editor of Business Today,
which became the country's largest published magazine by students for
students, with a circulation of 200,000. The magazine continues to be
published today by Princeton undergraduates.
Mr. Forbes is also on the Board of Trustees of Princeton University,
his alma mater, and on other boards such as The Ronald Reagan
Presidential Foundation and The American Enterprise Institute. He has
received a number of Honorary Degrees from Lycoming College,
Jacksonville University, Iona College, Kean College, New York
Institute of Technology, Francisco Marroquin University, and Sacred
Heart University.
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