Decline after 25 years: Trump removed from rich list!

The world-famous Forbes magazine publishes an annual list of the richest people in the world, from the richest of every individual country.

Decline after 25 years Trump removed from rich list credityatra

Similarly, the list of American millionaires is published annually. The list include at least 400 US millionaires. Former US President Donald Trump has been one of these 400 for the past 25 years. But this year Trump has been dropped from the list.

This is because his property value is low. Trump is the flagship of the real estate industry.

His net worth is estimated at about $ 2.5 billion. Trump, who was ranked 339th on the list last year, is not on the list this time because of a $ 400 million drop in revenue. Trump’s main businesses were severely paralyzed last year for a variety of reasons, including the spread of the corona epidemic.

As a result, the value of Trump’s personal assets dropped to $ 600 million last year. Thus, for the first time in 25 years he has not been on the rich list.

From 1997 to 2016, Donald Trump retained a spot on The Forbes 400 list. But his fortunes crashed after he became US president in 2016. When he ran for president in 2016, Donald Trump had a net worth of $ 2.7 billion. Currently, Trump’s assets are worth less than $ 1.8 billion.