Donald Trump drops from the Forbes 400 list of richest Americans. Here's what changed.

[riversedge]

In case anyone is interested...........



Donald Trump drops from the Forbes 400 list of richest Americans. Here's what changed.


https://www.cbsnews.com/news/donald-trump-net-worth-forbes-400-2023/


By Aimee Picchi

October 3, 2023 / 1:44 PM /

Former President Donald Trump is no longer rich enough to be included in the Forbes 400, an annual ranking of America's wealthiest individuals, Forbes magazine said on Tuesday.

Trump is still a billionaire, with Forbes estimating his net worth at $2.6 billion. But that's down from the magazine's estimate a year earlier that the real estate tycoon was valued at $3.2 billion, which earned him a place on the 2022 rich list.

Trump's estimated net worth of $2.6 billion is $300 million short of the baseline to make the Forbes 400 list. The richest person in America is Tesla CEO Elon Musk, with a net worth of $251 billion, according to the ranking.

Tumbling from the Forbes 400 might seem like a minor problem for someone who is extremely wealthy and running a second time for the highest office in the U.S. But Forbes noted that the Forbes 400 is an "annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the list."

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Why is Donald Trump off the Forbes 400 list?

Trump fell off this year's list because of Forbes' estimate that his net worth declined by $600 million compared with a year earlier. The culprit? Trump's social media business, Truth Social, Forbes said. ..................


What is Donald Trump's history with the Forbes 400 list?

[pwb]

1. China, China,China

Bought Forbes?

[617Blue]

2. Probably wasn't anyway. nt

[gab13by13]

3. Exactly,

Forbes doesn't want to be laughed at for being conned by Don the Con.

[Lovie777]

4. Ya know..........

all the evil things shithole has done and continue to do to the USA and her, including, but not limited re: COVID 19 deaths/suffering and long term illness.....................

Being dropped from Forbes 400 list probably hurts him the most.

[Scrivener7]

5. If the defendant actually has $2.6 billion, I am the queen of Belgium.

[Historic NY]

6. Another reason for Donald's cranky depends.

[twodogsbarking]

7. Sorry. I had to do it.

[Maru Kitteh]

8. Ha ha! His misery brings me joy.

Genuine, 100% pure grade AAA joy.

[gratuitous]

9. As wrapped up as Needy Amin is in his own delusional world

I daresay that dropping out of the Forbes List is as hurtful as anything else he's going through right now. His self-image is wholly wrapped up in external approval. Last week Hillary Clinton won an Emmy, an award that the defendant didn't win either time he was nominated.

For normal human beings, and I'll venture to say that's you and I, missing out on one of these recognitions might be disappointing, but for the defendant, it's soul-shattering. "How can these people I don't care about (I care about their opinion a LOT) reject me like that?! Don't they know who I am???"

[ProfessorGAC]

10. I Don't Believe Them

I read the detailed report last year.
They still accepted an asset value Moody's said was too high (at end of 2018) especially off-shore golf properties & they did not include the debts (publicly reported) to China, Saudi Arabia, & Russia. Those loans are likely around $800 million. ($360 million was just to the Bank Of China)
That said, they reported $2.3 billion last year, and this represents a 13% increase in a year. That also is hard to believe.