Capitalist Tools

Timothy Forbes, Steve Forbes and Christopher "Kip" Forbes
In essence, Forbes today is NerdWallet plus Wirecutter plus brand extensions, but with the imprimatur of a legacy media brand that was once synonymous with wealth. Photo: Mario Tama/Getty Images
Dylan Byers
February 3, 2024

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Last year, the Russian investor and oligarch Magomed Musaev was caught on tape bragging about what he described as a stealthily executed media acquisition: “I just bought global Forbes,” he told associates on recordings obtained by The Washington Post. Technically, of course, he hadn’t, and things were a little more complicated. And they were about to get even more complicated, too.