Malcolm Forbes
Malcolm Stevenson Forbes (August 19, 1919 – February 24, 1990) was an American businessman and 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.
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