Randall Lane (journalist)
Randall Lane | |
|---|---|
![]() Speaking at the 2021 World Economic Forum | |
| Born | 1968 (age 57–58) |
| Education | University of Pennsylvania |
| Occupations | Journalist and author; former Chief Content Officer and editor of Forbes |
| Notable credit(s) | Forbes, P.O.V., Trader Monthly, Dealmaker, Daily Beast |
| Children | 2 |
Randall Lane (born 1968) is an American journalist and author who was the chief content officer[1][2] and editor-in-chief of Forbes magazine[3][4][5] until his firing for cause in July 2026.[6] In 2011, Lane created the Forbes 30 Under 30 list.[7] Lane is a former editor-at-large for both Newsweek and The Daily Beast.[8][9][10]
In August 2026, he was fired from his position at Forbes after accepting a secret payment of $6,000,000 from the founder of Shook Research. Shook had worked with Forbes since 2016 to publish rankings of wealth advisers.[11]
Early life
While attending Briarcliff High School in 1985, Lane wrote an article for the New York Times detailing his ordeal of getting tickets for a Bruce Springsteen concert. He served as co-editor of his high school's newspaper during this time.[12]
Career
Lane edited his college newspaper, The Daily Pennsylvanian at the University of Pennsylvania before interning with The Wall Street Journal.[13] Lane received the Columbia Scholastic Press Association’s top non-fiction prize for a 1988 profile he wrote on former Philadelphia mayor Frank Rizzo.[14]
After leaving college, he was hired as a fact checker for Forbes, and thereafter was promoted to be a staff writer.[13][7] In 1995, when he was 27, he was promoted to Washington Bureau Chief,[13][7] before leaving to edit three publications, P.O.V., Trader Monthly,[15] and Dealmaker.[7]
He founded P.O.V. with a Forbes colleague and the publication was considered by AdWeek as its start-up of the year in 1998.[16]
At Trader Monthly, a bimonthly lifestyle magazine where Lane was the editor-in-chief, Lane created a 30 Under 30 list featuring what his magazine considered the 30 best financial traders at the time.[15]
2010s
When Lane rejoined Forbes in 2011, he created the annual Forbes 30 Under 30 list of up and coming figures in multiple business sectors.[7][13] He then partnered with Warren Buffett to create the Forbes 400 Summit on Philanthropy, which he and Buffett have co-chaired for more than a decade.[17]
Lane wrote a book titled The Zeroes: My Misadventures in the Decade Wall Street Went Insane.[18] In the book, Lane laid out similarities of some Wall Street traders and Major League Baseball players in their views on the ethics of cheating.[19] He interviewed Lenny Dykstra, about his use of steroids while playing with the New York Mets, for the book.[19] The New York Daily News stated of the book that "Lane does a terrific job ... putting things in context".[19] In a review for Inc, Jack Covert stated "What Michael Lewis did for ’80s traders in Liar’s Poker, Randall Lane has now done for trader rock stars of The Zeroes."[20]
Lane was responsible for the reorganization of Forbes' contributor network. The restructure saw it shift from a model where most writers volunteered their time to an all-paid platform with a guaranteed minimum pay.[21]
2020s
During the COVID-19 pandemic, Lane took part in a multi-part virtual innovation summit hosted by the University of Waterloo.[22][23] In 2020, The New York Times identified him as one of the 922 most powerful people in the United States of America.[24] Lane won an Emmy award as executive producer of the documentary WeWork: Or the Making and Breaking of a $47 Billion Unicorn.[25]
Dismissal from Forbes
In July 2026, Lane was fired from Forbes following the discovery of an undisclosed $6 million payment he had received from Shook Research founder RJ Shook.[26][6] Shook Research had partnered with Forbes since 2016 to produce rankings of wealth advisers. The payment was made by Shook after he sold a majority stake in the research company to private equity firm PPC Enterprises.[6] According to reporting by The New York Times, Lane regarded the payment as a personal gift in recognition of advice he had provided Shook over the years. Lane did not disclose the payment to Forbes.[26] Lane acknowledged the failure to disclose the payment, saying that he had made a mistake and describing the nondisclosure as a serious error in judgment.[26][6] Forbes described the matter as an "undisclosed conflict of interest" and said that, after examining the situation, it took appropriate action.[6] At the time, Forbes' published editorial standards prohibited staff members and contributors from accepting compensation, privileges or favors from people, companies or groups featured in their coverage.[27] Shook Research subsequently said that the payment was personal and did not involve the company, its research methodology, ranking criteria or adviser-evaluation process.[28]
Personal life
Lane was born in 1968.[29][30] He is divorced and has two daughters, Sabrina and Chloe.[29] During the COVID-19 pandemic, he organized and hosted a four-week summer camp for his daughters and their friends, hiring teachers out of work due to the pandemic to instruct them in core subjects.[29]
Kanye West incident
On September 16, 2020, Lane was doxxed in a Twitter rant by American musician Kanye West. West tweeted a screenshot of a phone number labeled "Randall Forbes" and wrote "if any of my fans want to call a white supremacist... this is the editor of Forbes".[31] Twitter deleted West's tweet after 30 minutes and suspended his account for violating Twitter's private information policy.[32] Lane had previously interviewed West about his 2020 presidential ambitions which Forbes published in July 2020.[33]
References
- ↑ Releases, Forbes Press. "Forbes Announces Inaugural Next 1000 Initiative To Spotlight And Accelerate Rising Entrepreneurs Forging The Path Forward To Redefine The American Dream". Forbes. Retrieved August 5, 2020.
- ↑ Hsu, Tiffany (July 21, 2019). "Jeffrey Epstein Pitched a New Narrative. These Sites Published It". The New York Times. ISSN 0362-4331. Retrieved September 13, 2020.
- ↑ "Bloomberg - Randall Lane". www.bloomberg.com. Retrieved August 5, 2020.
- ↑ "Randall Lane". Columbia University. Retrieved August 5, 2020.
- ↑ "Forbes Editor Offers Non-Apology For Leaving Women Off Innovators List". HuffPost Canada. September 8, 2019. Retrieved August 5, 2020.
- 1 2 3 4 5 "Forbes editor out; report says he took $6M from founder of firm that does business with magazine". Associated Press. August 13, 2026. Retrieved August 15, 2026.
- 1 2 3 4 5 Kelly, Keith J. (December 6, 2017). "Forbes promotes its top magazine editor to content chief". New York Post. Retrieved August 5, 2020.
- ↑ "Randall Lane". The Daily Beast. Retrieved August 14, 2020.
- ↑ "Congressional Economic Agenda | C-SPAN.org". www.c-span.org. Retrieved September 3, 2020.
- ↑ "Randall Lane". www.c-span.org. Retrieved September 3, 2020.
- ↑ Mullin, Benjamin (August 12, 2026). "Forbes Fired Top Editor After Discovering He Received Secret $6 Million payment". The New York Times. Retrieved August 12, 2026.
- ↑ Lane, Randall (September 1, 1985). "SPEAKING PERSONALLY; SURVIVING A BATTLE FOR SPRINGSTEEN'S TICKETS". The New York Times. ISSN 0362-4331. Retrieved February 28, 2025.
- 1 2 3 4 Leavitt, Mollie (June 24, 2019). "Q&A: Randall Lane, Chief Content Officer @ Forbes". Medium. Retrieved August 14, 2020.
- ↑ Family, Cheryl (April 12, 1988). "'DP' wins 13 national awards". The Daily Pennsylvanian. Retrieved February 28, 2025.
- 1 2 Schmidt, Michael (August 16, 2006). "Traders' Night Out". The New York Times. Retrieved September 13, 2020.
- ↑ Lonkevich, Susan (May 1, 1998). "Start Me Up". The Pennsylvania Gazette. Retrieved February 28, 2025.
- ↑ Lane, Randall. "On Warren Buffett's 90th Birthday, Private Wisdom From The Oracle—Delivered In 90 Seconds Flat". Forbes. Retrieved February 28, 2025.
- ↑ Task, Aaron (October 11, 2011). "Randall Lane: Wall St. Protestors Don't Hate Success, They Hate Big Rewards for Failure". Yahoo Finance. Retrieved September 3, 2020.
- 1 2 3 Martino, MICHAEL O'KEEFE, Andy. "Randall Lane not breaking any news about Lenny Dykstra and steroids in new tome about Wall Street". nydailynews.com. Retrieved September 3, 2020.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ↑ Covert, Jack (July 26, 2010). "Review: The Zeroes". Inc.com. Archived from the original on February 19, 2024. Retrieved February 28, 2025.
- ↑ Mullin, Benjamin (February 14, 2018). "Forbes Will Pay All of Its Contributors, but Purge the Worst". Wall Street Journal. ISSN 0099-9660. Retrieved February 28, 2025.
- ↑ "Virtual Summit 2020". University of Waterloo. Retrieved September 3, 2020.
- ↑ "Speakers". University of Waterloo. Retrieved September 3, 2020.
- ↑ Lu, Denise; Huang, Jon; Seshagiri, Ashwin; Park, Haeyoun; Griggs, Troy (September 9, 2020). "Faces of Power: 80% Are White, Even as U.S. Becomes More Diverse". The New York Times. ISSN 0362-4331. Retrieved September 13, 2020.
- ↑ "43rd Annual Documentaries - 9-29-22" (PDF). The Emmys TV. Retrieved September 29, 2022.
- 1 2 3 Mullin, Benjamin (August 12, 2026). "Forbes Fired Top Editor After Discovering He Received Secret $6 Million Payment". The New York Times. Retrieved August 15, 2026.
- ↑ "Forbes Editorial Values And Standards". Forbes. Retrieved August 15, 2026.
- ↑ "Forbes Top Editor Is Out After $6 Million Gift From Head of Advisor Research Partner". Barron's. August 13, 2026. Retrieved August 15, 2026.
- 1 2 3 Weiss, Suzy (August 19, 2020). "NYC dad creates summer camp for bored daughter, her friends". New York Post. Retrieved September 11, 2020.
- ↑ Schmidt, Lucinda (October 5, 2010). "Profile: Randall Lane". The Sydney Morning Herald. Retrieved August 5, 2020.
- ↑ Leskin, Paige. "Twitter took 30 minutes to remove Kanye West's tweet doxxing a top magazine editor". Business Insider. Retrieved January 4, 2022.
- ↑ Kemp, Dylan (September 17, 2020). "Kanye West's Twitter Suspended After Leaking Journalist's Phone Number". The Source. Retrieved January 4, 2022.
- ↑ Lane, Randall. "Kanye West Says He's Done With Trump—Opens Up About White House Bid, Damaging Biden And Everything In Between". Forbes. Retrieved January 4, 2022.
_at_World_Economic_Forum_Davos_2021.png)