Forbes started his career at J.M. Forbes & Co., an investment firm founded by his father.[1]
In the later 1870s, Forbes was approached by Gardiner Greene Hubbard and Thomas Sanders to invest in their Bell Telephone Company.[2] Not only did Forbes invest, he encouraged some of his wealthy acquaintances to do so too.[2] Subsequently, Forbes served as the President of the Bell Telephone Company from 1879 to 1887.[1][3]
Personal life
Forbes married Edith Emerson, the daughter of poet Ralph Waldo Emerson.[3] They had six sons, Ralph Emerson Forbes, W. Cameron Forbes, John Murray Forbes (who died at age 17 of appendicitis),[4]Edward W. Forbes, Waldo Emerson Forbes and Alexander Forbes, and two daughters, Edith Forbes and Ellen Randolph Forbes.[1]
Death
Forbes died on October 11, 1897, on Naushon Island, Massachusetts.[3]