Forbes 400 Doesn’t List Steve Forbes--So Fortune Estimates His Holdings
Steve Forbes’ name is conspicuously absent each year when his magazine lists the 400 richest Americans.
The competition wants to correct that.
Fortune magazine estimates in its Feb. 5 edition that the Republican presidential candidate has a personal net worth of $439 million, most from his inherited stake in the family publishing and land empires.
On the annual Forbes magazine list, that would put Forbes among the 300 richest Americans--roughly between William Randolph Hearst III of San Francisco, estimated to be worth $450 million, and Richard Edwin Marriott of Washington, at $430 million.
The entire holdings of Forbes Inc. are worth $1.17 billion.
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