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From Wikipedia, the free encyclopedia. Malcolm Stevenson Forbes (19 August 1919 â 24 February 1990) was an American entrepreneur most prominently known as the publisher of Forbes magazine, founded by his father B. C. Forbes.
Forbes died in 1990 of a heart attack, at his home in Far Hills, New Jersey. 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.