Forbes has released its annual list of the wealthiest Americans. The news for Donald Trump is… not good. Though the president will probably just decry Forbes as a purveyor of fake news.
Even so, the list of 400 Richest People In America shows Trump has dropped from #156 last year to #248 this year. It is estimated that Trump’s fortune fell by $600 million, leaving his estimated worth at a paltry $3.1 billion. Per Forbes:
“A tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president.”
Without a doubt, the president isn’t going to be pleased about this. He likes winners, after all. And he really likes for us to believe that he is one. On the campaign trail, Trump routinely bragged that his net worth is over $10 billion but conspicuously has refused to release any documentation to support this — not even tax returns, which are typically released by candidates. President Trump has been in office for nine months and we still haven’t seen his.
The three wealthiest Americans listed are, “Number one for the 24th consecutive year is Bill Gates, who is now worth $89 billion, up $8 billion from a year ago. Amazon’s Jeff Bezos, whose fortune rose $14.5 billion in a year, retains the number two spot for the second consecutive year with a net worth of $81.5 billion, while Warren Buffett holds onto the number 3 spot.”
If you haven’t noticed, apart from incredible wealth, a tie which binds the top 3 is they are… decidedly not fans of this president. Mark Cuban, owner of the Dallas Mavericks and one of Trump’s most vocal critics, also bested Trump this year, holding the 226th position.