Forbes was first founded in 1917 by the Forbes family. Since then, it has become one of the most trusted news sources in America and is known for its ranking of celebrities and influential figures. The American company has been around for over 100 years and is still one of the most popular magazines.
The Chinese-owned company, Integrated Whale Media, bought Forbes in 2014 for a whopping $400 million. Most of the readers of Forbes probably didn’t notice much as the magazine is still written in America, but they might not know that the once-American company is now under Chinese ownership.