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Donald Trump: Former US President Donald Trump remains in the headlines every day. At present, the trial in the fraud case against Trump has started. In such a situation, their difficulties have increased. Along with this, his wealth is continuously decreasing, which is a matter of concern for Trump. According to Forbes, Donald Trump’s net worth is estimated at $2.5 billion in 2023 and he is included in the list of world’s billionaires. However, the surprising thing is that Trump has been out of the list of America’s top 400 Americans for the first time in 25 years.
According to Forbes, Trump is $400 million short of the cutoff to make it to the list of America’s 400 richest people this year. It is noteworthy that there has been a big decline in Trump’s wealth since 2021 and it has come down from $3.3 billion to $2.5 billion. A year ago, the former President was ranked 339th in the ranking of America’s richest people, but after all the ups and downs, Trump’s wealth reduced by $ 600 million. Due to which they are now out of the list.
Situation worsened after becoming President
From 1997 to 2016, Donald Trump maintained his position in the Forbes Top 400 list. But after becoming the President of America, things became worse for Trump. After declining in the rankings for five years, he is now completely out of the list.
Trump has suffered a shock
Recently, Trump has been accused of earning more than $100 million by lying about his real estate business. During his tenure as the US President, Trump increased his wealth rapidly from 2011 to 2021 by availing bank loans and cheap insurance premiums at his own discretion. In such a situation, Attorney General Letitia James has demanded a fine of at least 250 million dollars on Trump and a 5-year ban against Trump Organization from doing real estate business. In such a situation, Trump may face a new blow.
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