About Malcolm Forbes
Malcolm Stevenson Forbes was an American businessman and politician most prominently known as the publisher of Forbes magazine, which was founded by his father B. C. Forbes. He represented Somerset County in the New Jersey Senate from 1952 to 1958 and ran two campaigns for Governor of New Jersey. In 1953, he lost the Republican nomination to Paul L. Troast, who had the support of most of the party establishment. In 1957, he won the Republican nomination but lost the general election to incumbent Governor Robert Meyner. He was known as an avid promoter of capitalism and free market economics and for an extravagant lifestyle, spending on parties, travel, and his collection of homes, yachts, aircraft, art, motorcycles, and Fabergé eggs. Malcolm Stevenson Forbes (August 19, 1919 – February 24, 1990) was an American businessman and politician most prominently known as the publisher of Forbes magazine, which was founded by his father B. Although Forbes easily won the 1957 Republican nomination over Wayne Dumont, he lost to Meyner by over 200,000 votes, and Republicans lost control of the General Assembly. In 1957, he won the Republican nomination but lost by a wide margin to popular incumbent Robert B.
Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.