[7] After his grandfather's early death in 1810, his grandmother remarried to Forbes' namesake, William Henry De Courcy Wright, the son of U.S.
[8][9] Following the family tradition, Forbes entered Russell & Co. as a director,[10] serving as an attorney for his father.
Russells attempted to rescue itself when it was about to bankrupt by founding the National Bank of China to draw some capital.
[12] This led to further curtailment of credit to Russell & Co., forcing the firm to sell its assets resulting in a full collapse on June 9, 1891.
[17] He died at the home of his brother Paul, 37 Avenue de l'Alma, in Paris in July 1920.