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Forbes fires chief content officer Randall Lane over $6M payment

journalismAug 13, 2026254,702

Forbes dismissed Randall Lane, the magazine’s chief content officer, after discovering he received about $6 million from the founder of Shook Research. The payment came from Shook Research, which has partnered with Forbes since 2016 to publish rankings of wealth advisers. According to people familiar with the decision, Lane did not disclose the payment to Forbes and described it to colleagues as a personal gift. The New York Times reported the ouster happened last month and cited three people familiar with the decision. Forbes staffers and the outlet’s union issued reactions after the report, and Lane told reporters he is now focusing on his own projects. Forbes has not said the payment influenced specific editorial work.

Anna Merlan
@annamerlan.bsky.social

I talked to this person years ago about a job writing about the ultra wealthy and he told me I was a bad fit because I was obviously going to make jokes about them. I remember this, to be honest, because the hat was present then too www.nytimes.com/2026/08/12/b...

307945d ago
Quoting this
Katelyn Burns145

If anyone wants to give me $6 million, I will buy an even stupider hat.

tommy salami16

OK but he has six million so who really won out

Alasdair Stuart15

Every single journalist you know has written for free because it was the only way to get a piece in the air 'because there's no budget.' Tarquin Chinless Panama III here of the Martha's Vineyard Panamas should never be allowed near anything with a masthead, a byline, a zipper or a mirror again.

Euan Thomson15

Right? These assholes are all looking after one another. Protecting: hiring, firing, attacking, defending, squeezing, permitting, looking the other way.

Felipe De La Hoz12

Now that this story has reignited Hat Discourse, I feel compelled to say that you can absolutely make a hat work for you, as long as you a) generally go for a wider brim, and b) have enough visual interest in the rest of the outfit to not have the hat really stand out

Kris Wernowsky12

Is this the guy who killed the horse in Half-Baked?

Eileen Clancy 🧿9

He looks like my Uncle John who always wore his hat in the car while driving and religiously kept in the right lane on highways, crawling along while outraged motorists honked and roared past him.

Steven Santos8

Considering how much of current news sites and magazines read like the reporting of the grievances of rich people, you have to wonder how widespread this kind of bribery is right now.

Goldstein6

Boy howdy, it must be nice to live the sort of life where you just receive $6m gifts.

Joe Flynn5

lmao I warned y'all about the hat

jon christian
@jonchristian.net

i don't know who needs to hear this, but the guy behind the Forbes 30 under 30 -- renowned for its winners' tendency to commit crimes and graft -- has been fired by Forbes for accepting an extremely sketchy $6 million payment www.nytimes.com/2026/08/12/b...

44845d ago
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