The Forbes family has quietly sold off The Social Register — the 128-year-old biannual directory that has cataloged the country’s old money families.
Keith Kelly of the New York Post writes, “‘The ownership of the Social Register Association, previously owned by a subsidiary of Forbes Family Holdings, was transferred for the first time in nearly 40 years to Christopher R. Wolf, noted financier and longtime listed member,’ a Forbes spokesperson confirmed Friday.
“Terms were not disclosed. Wolf did not return e-mails for comment.
“In some ways, TSR was a forerunner of the numerous wealth lists — including the Forbes 400 — that have proliferated in recent years.
“While it is seen as anachronistic to some, the 25,000 names still carry clout among those to the manor born.”
Read more here.
CNBC has hired Justin Solomon as head of TV news for Asia Pacific. He will…
What is far better than a drumstick shoved in your gob and telling your father-in-law…
Mainebiz, the leading source of business news in Maine, is seeking a detail-oriented, inquisitive mind…
Joshua Benton of Nieman Lab looks at the disconnect between what consumers think about the economy…
Elena Cavender, a tech reporter at Mashable, is leaving the publication. Previously, she was a…
Bloomberg News has hired Yiying Luthra as credit editor. She will start on Jan. 6.…