Steve Forbes to announce shock retirement from business?

Forbes magazine editor-in-chief created a stir on Saturday when rumors have surfaced that his career was over.

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Sad news for Forbes fans. Speculation had been rife that Forbes magazine editor-in-chief is about to announce his retirement from business, at age 78, with immediate effect.

UPDATE 22/02/2026 : This story seems to be false. (read more)

Being a business man isn't fun anymore

“As we get older, there are phases of life that we enter into, and being a business man-politician just isn't fun anymore,” he might have said, says a source who remained anonymous. Other reports hinted that he may branch out into other creative fields he is better at (and more interested in), though they didn't provide any details.

#ThankYouSteve

For a little while on Saturday evening, #ThankYouSteve was a trending hashtag on Twitter. As many fans reminisce and look back on all the unforgettable memories, some may wonder what about now made him make the decision.

“Steve Forbes was unlike any other business man we’ve ever seen! #ThankYouSteve”
— @universalObserver, 21 Feb 2026

“Forbes wasn't retired?”
— @borisB0, 21 Feb 2026

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