Trump falls 138 spots on Forbes' 400 richest Americans list

[DonViejo]

By REBECCA MORIN 10/02/2018 02:12 PM EDT

President Donald Trump, who has long bragged about his success and wealth, has dropped more than 100 spots on Forbes' list of the wealthiest people in the United States.

Trump's net worth has dropped from $4.5 billion in 2015 to $3.1 billion in the last two years, Forbes reported. The magazine also said that the drop has knocked Trump 138 spots lower on its latest Forbes 400 list, which will be released on Wednesday.

In 2017, Trump was listed as the 248th richest American.

According to Forbes, Trump's decline is due to a number of factors such as Trump not being truthful about the size of his penthouse, as well as typical commercial space being exterminated by e-commerce. Trump is down more than $100 million due to that factor, Forbes said.

more
https://www.politico.com/story/2018/10/02/trump-forbes-net-worth-861235

[Takket]

1. How are they able to assess his worth when he hides all his financial records?

3.1 billion my ass. Putin’s wallet is the only thing keeping him off the street.

[sarcasmo]

2. Forbes should expect a call from John Barron.

[eleny]

3. You read my mind!

[Docreed2003]

5. "Believe me..I've known Donald for a lot of years..."

"Donald is the biggest billionaire I've ever known...the biggest, hugely...believe me"

Signed
John Barron

[Me.]

4. Can We Get It Down To Zero Billion In The Next 2 Years?

[Natron]

6. Does it matter in the grand scheme of things?

I would like to just be on the list at any spot.

[issuesDemocrats]

7. I think they need a minus sign in front of whatever millions or billions he's "worth."

[RainCaster]

9. Moral bankruptcy doesn't count to Forbes

None of Wall Street will care about that.

[Johonny]

8. That's because they don't count dark money in secret Russian accounts