Donald Trump Falls Off The Forbes 400 For First Time In 25 Years

Forbes (10/05/2021)
  • Donald Trump’s current estimated net worth ($2.5B) fell short of the 2021 Forbes 400 Richest Americans cutoff ($2.9B).
  • Since Covid, Trump’s fortune largely comprised of big-city real estate has declined by $600M.
  • Ironically, Trump’s net worth could’ve been higher if he divested his real estate holdings after becoming President in 2016.
  • After paying divestment capital gains taxes ($1.1B), Trump would be worth $4.5B if he reinvested his fortune into the S&P 500.