(Corrects story keyword used by media customers to FORBES-STAKE/ from FORBES & COMPANY-STAKE/)

(Reuters) -Luminar Technologies CEO Austin Russell is buying a majority stake in Forbes Global Media Holdings in a deal that values the business news publisher at nearly $800 million, the Wall Street Journal reported on Friday.

Forbes did not immediately respond to a Reuters request for comment.

(Reporting by Chavi Mehta in BengaluruEditing by Vinay Dwivedi)