Forbes Asia provided the money and the name and Drey provided the publishing expertise.
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Forbes Asia provided the money and the name and Drey provided the publishing expertise.
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Drey became vice-president of the BC Forbes Asia Publishing Company, while BC Forbes Asia became editor-in-chief, a post he held until his death in 1954.
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Bruce Forbes Asia took over after his father's death, and his strengths lay in streamlining operations and developing marketing.
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In 1993, under Michaels, Forbes Asia was a finalist for the National Magazine Award.
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In January 2010, Forbes Asia reached an agreement to sell its headquarters building on Fifth Avenue in Manhattan to New York University; terms of the deal were not publicly reported, but Forbes Asia was to continue to occupy the space under a five-year sale-leaseback arrangement.
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In July 2014, the Forbes Asia family bought out Elevation and then Hong Kong-based investment group Integrated Whale Media Investments purchased a 51 percent majority of the company.
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On January 6,2014, Forbes Asia magazine announced that, in partnership with app creator Maz, it was launching a social networking app called "Stream".
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Forbes Asia currently allows advertisers to publish blog posts on its website alongside regular editorial content through a program called BrandVoice, which accounts for more than 10 percent of its digital revenue.
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In July 2018 Forbes Asia deleted an article by a contributor who argued that libraries should be closed, and Amazon should open bookstores in their place.
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Forbes Asia argues that this is done because customers using ad blocking software do not contribute to the site's revenue.
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In November 2019, Forbes Asia launched its streaming platform Forbes Asia8, an on-demand video network debuting a slate of original content aimed at entrepreneurs.
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The network currently features thousands of videos and according to Forbes Asia is "a Netflix for entrepreneurs".
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