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Trump Falls Off Forbes List Of Richest 400 Americans

(AP Photo/Patrick Semansky)

Former President Donald Trump has fallen off the Forbes 400, the annual list of America’s richest people, according to the financial magazine. It’s the first time in 25 years that Trump hasn’t been included on the list.

The former president’s wealth stands at an estimated $2.5 billion, or about $400 million short of the amount he would have needed to be included in the latest rankings, Forbes said. Trump’s wealth has remained steady from a year earlier, when he ranked as the 339th richest American, but he fell behind others whose wealth boomed amid a surge in tech stocks and cryptocurrencies during the pandemic, Forbes said.

The problem for Trump, the magazine said, is that his wealth is focused on big-city real estate holdings, ranging from hotels to condos. But the value of such properties have “languished” during the pandemic, it added.

READ MORE: CBS NEWS



10 Responses

  1. Does anyone understand the first comment?

    And does anybody believe the second comment?

    Will anybody respond to the third comment?

  2. Anyone would rather be president of the usa than be in Forbes 400 No one remembers 400 Forbes list. Everyone remembers president

  3. To Rats Rats: I am sure that many people, including me, would rather be on the Forbes 400 list than be president of the United States. How about you? Think carefully before you answer.

  4. How does the bell rings in the White House? CLINNN -TONNNN

    How does the toilet flush sounds in the WH? BUUUSHHH

    What does presidents snack at the WH? OBAMBA

    Whats the musical instrument used in the WH ? TRUMPET

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