Forbes editor out; report says he took $6M from founder of firm that does business with magazine
Forbes Chief Content Officer Randall Lane moderates a discussion during the Global Citizen Now conference, May 2, 2024, in New York. (AP Photo/Mary Altaffer, File)
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.
The New York Times reported this week that Randall Lane was paid by RJ Shook, whose company, Shook Research, worked with Forbes since 2016 to publish rankings of wealth advisers. The payment was made after Shook sold a majority stake in the company to a private equity firm a year ago.