|Birth Day:||August 19, 1919|
|Death Date:||Feb 24, 1990 (age 70)|
|Birth Place:||Brooklyn, United States|
As per our current Database, Malcolm Forbes died on Feb 24, 1990 (age 70).
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He graduated from both the Lawrenceville School and Princeton University. He served in the New Jersey Senate from 1951 until 1957 and lost a bid for Governor of New Jersey.
Forbes was born on August 19, 1919, in Englewood, New Jersey, the son of Adelaide Mary (Stevenson) and Scottish-born financial journalist and author B. C. Forbes. He graduated from the Lawrenceville prep school in 1937. In 1941 he received an A.B. from the School of Public and International Affairs, now Princeton School of Public and International Affairs, at Princeton University, with a 176 page senior thesis, "Weekly Newspapers - An Evaluation." Forbes enlisted in the Army in 1942 and served as a machine gunner in the 84th Infantry Division in Europe, rising to the rank of staff sergeant. Forbes received a thigh wound in combat, and received a Bronze Star and a Purple Heart.
After dabbling in politics, including service in the New Jersey Senate from 1951 to 1957 and an unsuccessful candidacy for Governor of New Jersey, he committed to the magazine full-time by 1957, three years after his father's death. After the death of his brother Bruce Charles Forbes in 1964, he acquired sole control of the company.
Forbes was married for thirty-nine years to Roberta Remsen Laidlaw before their divorce in 1985. The couple had five children: Malcolm S. Jr., Robert Laidlaw, Christopher Charles, Timothy Carter, and Moira Hamilton. Malcolm S. Forbes Jr., known as Steve, ran for president in 1996.
The magazine grew steadily, and Forbes diversified his investments into real estate sales and other ventures. One of his last projects was the magazine Egg, which chronicled New York's nightlife. (The title had nothing to do with Forbes's famous Fabergé egg collection.) To honor his contribution to the magazine, Forbes won the Walter Cronkite Award for Excellence in Journalism in 1989.
Forbes died in 1990 of a heart attack at age 70, at his home, Timberfield, in Far Hills, New Jersey. He was pronounced dead by his friend and physician, Dr. Oscar Kruesi. In March 1990, soon after his death, OutWeek magazine published a story with the cover headline "The Secret Gay Life of Malcolm Forbes," by Michelangelo Signorile, which outed Forbes as a gay man. Signorile was critical of the media for helping Forbes publicize many aspects of his life while keeping his homosexuality a secret. The writer asked, "Is our society so overwhelmingly repressive that even individuals as all-powerful as the late Malcolm Forbes feel they absolutely cannot come out of the closet?" Even in death, the media was reluctant to disclose his sexuality; the New York Times would refer only to him as a "famous, deceased millionaire" while reporting on the controversy. Since Malcolm Forbes' death, the magazine business has been run by his son Steve Forbes and granddaughter Moira Forbes.
Forbes became a motorcyclist late in life. He founded and rode with a motorcycle club called the Capitalist Tools. His estate in New Jersey was a regular meeting place for tours that he organized for fellow New Jersey and New York motorcyclists. He had a stable of motorcycles but was partial to Harley-Davidson machines. He was known for his gift of Purple Passion, a Harley-Davidson, to actress Elizabeth Taylor. He was also instrumental in getting legislation passed to allow motorcycles on the Garden State Parkway in New Jersey. He was inducted to the Motorcycle Hall of Fame in 1999. In 2008, he was inducted into the New Jersey Hall of Fame.
Currently, Malcolm Forbes is 102 years, 9 months and 3 days old. Malcolm Forbes will celebrate 103rd birthday on a Friday 19th of August 2022.
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