Forbes editor out; report says he took $6M from founder of firm that does business with magazine

The top editor of Forbes left his job last month and was reportedly dismissed for accepting $6 million from the founder of a firm that does business with the magazine.

While the company could not comment further on the matter in an internal e-mail, Randall Lane said he ‘made a mistake’ in taking payment, and regrets his actions

A person who works at Forbes and spoke on condition of anonymity because of the sensitivity of the issue told the AP that the staff discovered the apparent reasons behind the firing by reading the Times story.

The top editor of Forbes has left his job after reportedly being fired for accepting $6 million from the founder of a firm that works with the magazine

The top editor of Forbes has left his job after reportedly being fired for accepting $6 million from the founder of a firm that works with the magazine

Forbes editor out; report says he took $6M from founder of firm that does business with magazine  AP News

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

Forbes fired its top editor after finding out he secretly raked in a cool $6 million from the founder of a company that does business with the publication, according to a report.