Trump Falls Off Forbes List for First Time in Decades

Since 1997, Donald Trump has been on the Forbes 400 list of the wealthiest Americans.

From 1997 to 2016, just prior to running for president, Trump was on the Forbes 200 list.

He lost that designation in 2017, and how he has fallen completely off the list, falling short by $400 million.

Humbling

Trump has always prided himself in being on that list, especially the Top 200 list.

Trump’s empire took a massive hit during his term as president, however.

Trump’s estimated worth was estimated at $4.5 billion as recently as 2016.

So, between the pandemic hit to his businesses and the hit from being president, Trump has lost almost half his fortune in the space of only five years.

This could have a significant impact on whether Trump decides to run again for president.

He will have to seriously consider just how much more his empire can take before he cripples himself financially.

This is also perhaps why Trump has been liquidating, or at least trying to liquidate, some of his holdings.

The most notable of these would be his D.C. hotel, which brought about much scrutiny during his time in office.

Trump is also still trying to repair the damage done by what happened on January 6, as many of his banking relationships were either damaged or outright terminated after the riot at the Capitol.

Democrats wanted to ruin this man from the day he announced, and it now appears as though they are halfway there.

One can only imagine what will happen to his remaining wealth if he decides to run again, and wins, and faces the same scrutiny he met during his first term.

Surely this will come into play when he makes his final decision on whether to run again.

Source: Newsmax

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