DEFINITION of 'Steve Forbes'
Grandson of Bertie Charles Forbes, the founder of Forbes Magazine, Steve Forbes is the current editor-in-chief of Forbes Magazine. Steve Forbes attended PrincetonUniversity, where he founded Business Today and in 2009 was awarded an honorary doctorate in economics from StevensonUniversity. In addition to his significant contribution to the media industry, Forbes is a well-known political philanthropist.
BREAKING DOWN 'Steve Forbes'
Steve Forbes has participated in a rich political career. In 1996 and 2000 he was the Republican Candidate during the U.S. Presidential primaries. His major campaign policy was the establishment of a flat income tax.