Forbes is a new media company. Its flagship publication is Forbes, oldest of the nation's major business magazines, which celebrated its 90th Anniversary in 2007. In an industry increasingly dominated by public conglomerates, Forbes remains one of the largest and most successful family businesses of its kind. In recent years the company has expanded to include Forbes.com, Forbes Conference Group, several new publications and eight international local-language editions. In August 2006, the private equity firm Elevation Partners became a minority shareholder in a newly formed company, Forbes Media LLC. Forbes Media acquired Investopedia.com, the Internet’s leading online portal for investor education, in April 2007. In November 2007, the company acquired and invested in two additional Websites: RealClearPolitics.com and Clipmarks.com.
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