The Daily Beast
US · 21 mins ago
Iconic Magazine’s Top Editor Fired for Taking Massive ‘Gift’
Astrida Valigorsky/Getty Images
Forbes fired its top editor after discovering that he had accepted a seven-figure payment from a businessman whose company had a lucrative relationship with the magazine.
Randall Lane, Forbes’ chief content officer, received roughly $6 million from RJ Shook, the founder of Shook Research, a company that has worked with Forbes on the magazine’s rankings of the top financial advisers for a decade, according to a New York Times report.
Forbes, the iconic business…
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