Announced

Completed

Austin Russell failed to acquire a majority stake in Forbes in an $800m deal.

Synopsis

Entrepreneur and philanthropist Austin Russell failed to acquire a majority stake in Forbes Media, a media, branding and technology company, in an $800m deal. “We welcome Austin Russell. He is a dynamic entrepreneur and thought leader who has built an industry-leading business from the ground up. His energy and vision will enable Forbes to continue and enhance the excellent work for which we are known,” Steve Forbes, Forbes Chairman and Editor-in-Chief.

Show Details & Financials

Did you work on this deal?

Claim Deal

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Claim Deal

All rights reserved. Copyright © 2025 Datasite

MergerLinks - Austin Russell failed to acquire a majority stake in Forbes in an $800m deal.