Forbes 400 Doesn’t List Steve Forbes--So Fortune Estimates His Holdings
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From Associated Press
WASHINGTON — 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.
