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What’s it like being the man who decides who makes the rich list? Steve Forbes, and his business magazine empire, reports on who's the biggest billionaire, and who's made the biggest losses.
The media mogul is CEO and editor-in-chief of Forbes magazine, America's leading voice on the world’s economy, finance, and corporate leadership, with a current circulation of more than 900,000.
[cnn-photo-caption image=http://i2.cdn.turner.com/cnn/2009/images/11/23/art.forbes.jpg caption="Steve Forbes – business media mogul and famous list-maker."]
The Forbes "rich lists" garner much worldwide attention for the magazine. When Mexican drug lord Joaquin “El Chapo” Guzman Loera was listed in Forbes “self-made” billionaires report this month, as well as “World’s Most Powerful People” list, many readers recoiled in horror.
Similar shockwaves rumbled when underworld don and India's most wanted criminal Dawood Ibrahim was listed as 50th most powerful person in the world, in Forbes’ first-ever such list.
His influence stretches beyond business journalism. In 1996 and 2000, Forbes campaigned to become the Republican nominee for president of the United States. From 1999 – 2006, Forbes was the tenth most important contributor of political funds in America, with 15 donations totaling over $7 million.
Comment on Steve Forbes, his lists, his magazines, and his new book 'Power Ambition Glory' below.