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Malcolm Stevenson Forbes was born on August 19, 1919, in Brooklyn, New York.
* He was the son of B.C. Forbes, the founder of Forbes magazine.
* Malcolm Forbes served in the U.S. Army during World War II.
* After the war, he joined the staff of Forbes magazine.
* He became publisher and editor-in-chief of Forbes magazine in 1954.
* Forbes was known for his flamboyant lifestyle and his promotion of capitalism.
* He died on February 24, 1990, at the age of 70.
* Forbes magazine is still published today and is one of the most respected business magazines in the world.