Bloomberg hires Melby from Forbes to cover executive comp

Caleb Melby, who has been covering the wealthy for Forbes, has been hired by Bloomberg News to work on its billionaires team.

Melby is known for writing Forbes’ first graphic novel, “The Zen of Steve Jobs.” He will work out of New York and cover executive compensation.

Bloomberg and Forbes have been competing on the billionaires beat for the past few years, with both launching online, interactive graphics that show how much the wealth of billionaires are changing on a daily basis. In addition, Bloomberg has been outing previously undisclosed billionaires.

Melby left Forbes on March 6. He is a 2011 graduate of Northwestern University and an Eagle Scout. He also interned for the Chicago Tribune.

While at Northwestern, Melby began writing for Northbynorthwestern.com. Later, he would become the executive editor of the website, interviewing the likes of Harrison Ford, Philip Seymour Hoffman and Seth Meyers along the way and writing the cover story of the appending magazine, which had been named Best Student Magazine by the Society of Professional Journalists in 2009.