Forbes chief content officer Randall Lane was fired after the magazine discovered he had received about $6 million from RJ Shook, founder of a firm that publishes wealth adviser rankings with Forbes, following Shook's sale of a majority stake to a private equity firm last August. The New York Times reported the payment violated Forbes policies requiring employees to disclose outside business dealings and barring personal gain from company business relationships.
Lane drew attention in 2021 for publicly threatening to treat any company that hired former Trump press secretaries as a source of disinformation, vowing to scrutinize such firms 'with the same skepticism we'd approach a Trump tweet.' He also helped launch a Forbes partnership with an MSNBC host's business initiative and made a recent appearance on Morning Joe promoting a musical he was involved with about Benjamin Franklin.
The full dispatch is available from the source below.