Call our team +44 (0) 207 566 3939


Chinese company purchases Forbes Media

Chinese company purchases Forbes Media

by | Jul 19, 2014 | Blog, Business News, Uncategorized | 0 comments

Forbes Media have been in family hands for over 97 years. However, Forbes has now announced that they have sold the majority stake in the business to a Chinese Company based in Hong Kong.

Forbes Media is famous for the Forbes magazine, which published the rich list. Integrated Whale Media are said to the be the group behind the purchase. However the Forbes Family have still said they will have a large stake in the company, just not the majority. Steve Forbes the current chairman will remain in his position.

The company was founded by the grandfather, 97 years ago, Forbes said that this should be seen as an opportunity to strengthen the companies mission. Forbes reaches over 75 million people worldwide every month through pring, TV and digital media. The companies headquarters will remain the United States of America but the company is now looking to expand to international markets.

If you liked this story, you can read more informative articles on our business news blog. Your Virtual Office London, leaders in virtual office and company formations.

Blog Categories

Contact Details

Tel: 0207 566 3939

Fax: 0207 566 39352



Our Location

Capital Office
Kemp House
152-160 City Road
London, EC1V 2NX

Opening Hours

Monday - Friday: 9.00AM – 5.00PM
Saturday: Closed
Sunday: Closed

What Does a Company Director Do?

What Does a Company Director Do?  The role of a company director does not end at simply establishing a business address or projecting motivational predictions about the company’s growth. A company director is required to recognise and fulfil a number of key roles. A...

This Is How to File a Confirmation Statement

This Is How to File a Confirmation Statement Whether your business is the pride of a remote UK postcode, or you’ve registered your company at a more established business address, you must file a confirmation statement at Companies House. A Confirmation Statement...

All You Need to Know About Limited Company Shares

If you’re set to launch a company limited by shares, it’s important for you to understand all there is to know about these limited company shares and what they mean for your business. Before you begin working via your prestigious registered office address, take note...

Appointing and Removing a Company Director

There may be a number of reasons you’ll want to remove your existing company director and/or appoint a new individual to the role. Whether you’re planning a major reshuffle at the top for the sake of changing course of your limited company’s ethos, or an individual is...

Where Do I Send My Stock Transfer Form?

Congratulations! You’re either a newly formed business, or you’ve been running your brand from a reputable business address for some time. But with the plaudits comes the pressure; not least the overwhelming number of documents you must process and submit. And when...

7 Important Roles of a Company Director

You may be the proud owner of a new business, functioning from a credible business address, and envisioning a bright future ahead. But if you’re unsure about exactly what a company director’s role entails, then you may find yourself hindering your company’s progress....

In a hurry and just want some advice?