{
  "id": 793845,
  "title": "Forbes editor out; report says he took $6M from founder of firm that does business with magazine",
  "url": "https://urgent.news/2026/08/13/forbes-editor-out-report-says-he-took-6m-from-founder-of-firm-that-793845",
  "topic": "world",
  "section": "World",
  "published": "2026-08-13T18:23:02.000Z",
  "source": {
    "name": "Associated Press",
    "slug": "associated-press",
    "url": "https://apnews.com/article/forbes-randall-lane-editor-810d2c08ed57ec1b703247cc76c92fbe"
  },
  "original_language": "en",
  "account": "Forbes Chief Content Officer Randall Lane abruptly left his position last month and was rumored to have been fired for accepting $6 million from RJ Shook, the founder of Shook Research. Shook Research has been working with Forbes since 2016 to publish rankings of wealth advisers. This payment was made following Shook's sale of a majority stake in the company to a private equity firm last year. An internal email, reviewed by The Associated Press, confirmed Lane's dismissal, but provided no additional details. Lane had been with Forbes for nearly 16 years and had served as its top editor since 2017. An insider at Forbes revealed that the decision to fire Lane was discovered by the staff after reading a New York Times story. Forbes has not commented on the matter further. Lane stated in a statement obtained by The Times that he made a mistake and takes responsibility for his actions. He admitted that he should have disclosed the gift and failed to do so constituted a serious error in judgment. He expressed deep regret for his actions, which led to his termination and the loss of the team he loved. The reasons behind Shook's decision to pay Lane remain unclear, but the two companies have a close working relationship, with Shook Research listing 12 rankings of wealth advisers in partnership with Forbes on its website.",
  "summary": "The top editor of Forbes left his job last month and was reportedly dismissed for accepting $6 million from the founder of a firm that does business with the magazine. The New York Times reported this week that…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}