“History has demonstrated that the most notable winners usually encountered heartbreaking obstacles before they triumphed. They won because they refused to become discouraged by their defeats.”
– Bertie C. Forbes
Bertie C. Forbes (1880-1954) was the founder of Forbes magazine. He was born in Scotland, spent time in South Africa, and emigrated to New York in 1904. He studied at the University College, Dundee and then worked at a local newspaper before he moved to Johannesburg, South Africa. When he moved to New York, Forbes worked a number of journals before he would leave to found his own publication. In 1917, he founded Forbes where he remained the Editor-in-Chief for almost 40 years, up until his death. Towards the end of his life, his two eldest children would join him at the paper. In 1942, he also was a founding member of the Investors League.