{"id":2055602,"date":"2023-10-04T16:20:02","date_gmt":"2023-10-04T20:20:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-falls-from-forbes-400-list-of-wealthiest-americans\/"},"modified":"2023-10-04T16:23:03","modified_gmt":"2023-10-04T20:23:03","slug":"trump-falls-from-forbes-400-list-of-wealthiest-americans","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-falls-from-forbes-400-list-of-wealthiest-americans\/","title":{"rendered":"Trump no longer on Forbes 400 list of richest Americans."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-falls-from-forbes-400-list-of-wealthiest-americans%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2055602&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Former President Donald Trump Drops from Forbes 400 List of\u2062 Wealthiest \u2064Americans<\/h2>\n<p>Former\u200d President Donald Trump has been dropped from the Forbes Magazine\u2064 list of the 400 richest Americans, a fact that seems\u200b to show\u200b that Donald Trump is \u200bone of the few U.S. politicians \u200bwho did not make himself even more wealthy while serving \u200das an\u2064 elected \u200dofficial.<\/p>\n<p>Forbes\u200b released its latest list on Tuesday noting that the cutoff to qualify for the list \u2064reached a record $2.9 billion \u2062in personal \u2064wealth.<\/p>\n<p>Much in the \u200dtop ranks of the <a href=\"https:\/\/www.forbes.com\/forbes-400\/\" target=\"_blank\" rel=\"noopener\">\u201cForbes 400\u201d<\/a> list has not \u200dchanged since last year.<\/p>\n<p>Naturally,\u200b Tesla and X \u2014 formerly Twitter \u2014\u2063 chief <a href=\"https:\/\/www.westernjournal.com\/elon-musk-gets-great-news-beats-bezos-gates-zuckerberg-prestigious-title-rank\/\" target=\"_blank\" rel=\"noopener\">Elon Musk<\/a> \u200c ranked in \u2062the No. 1 spot with a\u200c whopping personal fortune of $251 billion, even though last year also\u200c saw him setting a <a href=\"https:\/\/www.guinnessworldrecords.com\/news\/2023\/1\/elon-musk-suffers-worst-loss-of-fortune-in-history-amid-market-madness-731988\" target=\"_blank\" rel=\"noopener\">Guinness World Record<\/a> for\u200d losing\u2064 more money than any human being in history by\u2063 losing $182 billion since 2021.<\/p>\n<p>The other top five \u200brichest \u200binclude Amazon boss <a href=\"https:\/\/www.westernjournal.com\/jeff-bezos-loses-huge-chunk-fortune-amazon-takes-turn-worse\/\" target=\"_blank\" rel=\"noopener\">Jeff Bezos<\/a> (with\u200b $161 billion), Oracle co-founder Larry Ellison ($158 billion), investor Warren Buffet ($121 billion), and now\u200c former Google chief\u2063 Larry Page \u200d($114 billion).<\/p>\n<p>The first women \u2063to appear on the \u200blist come in at numbers 14 and \u206315 respectively; Walmart heiress Alice Walton\u2062 ($66.5 billion)\u2064 and Julia Koch ($59.8 billion) of the Koch Industries family.<\/p>\n<p>But\u200d one prominent name is \u2062now no longer on this list of the nation\u2019s richest: Donald Trump.<\/p>\n<p>In a separate article,\u2062 <a href=\"https:\/\/www.forbes.com\/sites\/danalexander\/2023\/10\/03\/donald-trump-drops-off-the-forbes-400-for-second-time-in-3-years\/?sh=4131d8b0729d\" target=\"_blank\" rel=\"noopener\">Forbes<\/a> noted\u200c that\u2062 Trump has dropped off the 400 list for the second time in three years, after his fortune fell \u2062to $2.6 billion, placing him under the magazine\u2019s $2.9 billion\u200c cutoff.<\/p>\n<p>Trump\u2019s net worth is\u200b down $600 \u200dmillion from last year, \u2062Forbes added, likely due\u2063 to his investment\u200b in \u2062his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/big-tech-under-more-fire-for-removing-president-trumps-accounts\/\" title=\"Big Tech under more fire for removing President Trump\u2019s accounts\">social media company<\/a>, Truth Social, which has yet to become profitable.<\/p>\n<p>In addition, \u200bsince Trump\u2019s main\u200b fortune is in real estate and office buildings,\u200c he has \u200clost money there, too.<\/p>\n<p>Trump\u200c dropped\u2063 off the list in the 1990s after \u2064a \u2062series of bad investments, but rebuilt his empire and remained on the top 400 list for \u2062the ensuing 25 years until\u2063 <a href=\"https:\/\/www.westernjournal.com\/forbes-removes-trump-400-richest-americans-list-adds-moderna-execs-made-billions-off-vaccine\/\" target=\"_blank\" rel=\"noopener\">dropping off<\/a> again in 2021, \u2063but <a href=\"https:\/\/www.westernjournal.com\/trump-regains-spot-forbes-400-wealth-ranking-mark-zuckerberg-plummets-list-thanks-cataclysmic-losses\/\" target=\"_blank\" rel=\"noopener\">regaining a spot<\/a> on the list in 2022, according to\u2062 the\u200b <a href=\"https:\/\/nypost.com\/2023\/10\/04\/trump-dropped-from-forbes-400-list-of-wealthiest-americans\/\" target=\"_blank\" rel=\"noopener\">New York Post<\/a>.<\/p>\n<p>But today, \u2063Trump\u2019s \u2064fortune is once again under\u200c attack, this time by a growing list of Democrat\u200b attacks disguised as \u201clawsuits\u201d \u2063launched by biased, left-wing, prosecutors in a number of far-left locales, \u200ball aimed at destroying his fortune\u2064 and putting \u2063him in jail \u200dfor manufactured\u200b \u201ccrimes\u201d against \u2064the state.<\/p>\n<p>The news of falling\u200d from\u2064 the <a href=\"https:\/\/www.westernjournal.com\/young-prodigy-named-forbes-30-30-list-collapses-dies-hours-setting-personal-best-marathon-time\/\" target=\"_blank\" rel=\"noopener\">Forbes<\/a> list\u2062 brought out a litany of supporters for the former president.<\/p>\n<p>Author Chadwick Moore, for one, posted a message pointing out that the Trump family wealth was \u2062built \u2064from real businesses \u2062people can \u201cvisit it, touch it, meet the people who work there\u201d as opposed to the <a href=\"https:\/\/www.westernjournal.com\/gop-senator-announces-pelosi-act-doesnt-mention-nancy-itll-surely-infuriate\/\" target=\"_blank\" rel=\"noopener\">Pelosis<\/a> or Biden\u2019s \u2064rackets\u200d that are \u2062just selling their name and influence without benefiting\u200b others.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">What does the Trump family business actually do versus the Biden family business?<\/p>\n<p>(Or the Pelosi or Feinstein family business?)<\/p>\n<p>With Trump, you can visit it, \u200ctouch it, meet the \u200dpeople who work there (and they all seem to love\u2063 their job). It\u2019s pretty straightforward.<\/p>\n<p>Can\u2026 <a href=\"https:\/\/t.co\/ysTRUWgrjl\">pic.twitter.com\/ysTRUWgrjl<\/a><\/p>\n<p>\u2014 Chadwick Moore\u200b (@Chadwick_Moore) <a href=\"https:\/\/twitter.com\/Chadwick_Moore\/status\/1709223338273308694?\">October 3, 2023<\/a><\/p>\n<\/blockquote>\n<p>Another X user noted that\u2063 unlike Biden, Trump never took a salary as president.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">He\u2019s lost so much money. Never took a salary\u200c as President. Been attacked\u200b relentlessly. He was already a \u2063famous, beloved billionaire. \u2064He didn\u2019t need \u200bto do this but he did and\u2063 will keep fighting \u2063no matter \u200cthe cost, apparently.<\/p>\n<p>\u2014 Watsername (@chronicparent) <a href=\"https:\/\/twitter.com\/chronicparent\/status\/1709352751837192425?\">October 3, 2023<\/a><\/p>\n<\/blockquote>\n<p>Another explained that \u2064Trump is <a href=\"https:\/\/www.westernjournal.com\/trump-indictment-pattern-continues-fourth-handed-hours-damning-hunter-biden-report\/\" target=\"_blank\" rel=\"noopener\">losing his fortune<\/a> while fighting for the country.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">To fight for the country, Trump is \u200dlosing his fortune as the state\u2062 throws everything they have at him.<\/p>\n<p>In contrast, the corrupt politicians and state\u200d enrich \u2064themselves by \u200bfleecing the treasury of its citizens.<\/p>\n<p>Those on the left\u2064 jump \u2064for \u2064joy at his demise and ultimately their\u2026<\/p>\n<p>\u2014 Kurt Schemers (@KurtSchemers) <a href=\"https:\/\/twitter.com\/KurtSchemers\/status\/1709369379534844275?\">October 4, 2023<\/a><\/p>\n<\/blockquote>\n<p>And yet another blasted Trump\u2019s attackers, \u200bsaying that Trump\u2019s fortune has dwindled\u2062 while so many other\u200d politicians became sudden millionaires off a \u2064$135,000 a \u2064year government salary.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">Hmmm\u2026<\/p>\n<p>While his counterparts become hundred\u2064 millionaires off their $125K\/yr salaries huh?<\/p>\n<p>Interesting how \u2064that works when I was\u200c told DT was \u200dthe bad guy.<\/p>\n<p>\u2014 Chris Manno \u2063(@Mann_O_Steel17) \u200b <a href=\"https:\/\/twitter.com\/Mann_O_Steel17\/status\/1709455340411015180?\">October 4, 2023<\/a><\/p>\n<\/blockquote>\n<p>These comments are \u2063right on. Trump took office and eschewed his salary, \u2062 <a href=\"https:\/\/www.westernjournal.com\/trump-donates-entire-q4-salary-effort-confront-contain-combat-coronavirus\/\" target=\"_blank\" rel=\"noopener\">donating<\/a> it all to\u200c various charities during his four \u2063years in\u200b office. Trump did not\u2062 need the government\u2019s small salary and not only did he take the unusual step of donating it \u2063away, he also\u200c did \u2063not materially enrich himself otherwise as the nation\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/u-s-corporations-consider-blocking-monetary-support-to-gop\/\" title=\"U.S. corporations consider blocking monetary support to GOP\">chief executive<\/a>.<\/p>\n<p>When so many other politicians enter office as members of the upper middle class \u2014 \u2062or even \u201cthe \u2063rich\u201d \u2014 all too often\u200d they become \u200cmulti-millionaires while it office. Unlike these people who many \u2064suspect used their \u200boffices\u2062 for personal enrichment, Trump is actually losing money because of his service \u200cto the\u2063 nation.<\/p>\n<p>Falling \u2063off the Forbes 400 list may seem like a setback. But in reality, \u2063it is a badge\u200b of honor showing that he\u2064 is still standing on his own two feet and not becoming even more wealthy on \u2063the backs of we, the people.<\/p>\n<hr>\n<h3>A Note from Our Founder:<\/h3>\n<p>Every morning, we at The\u200c Western Journal wake up and\u2062 pursue our mission of giving you the important \u200cinformation you need about \u200cwhat\u2019s \u200chappening in America.<\/p>\n<p><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><b>We can\u2019t \u2062do that without your help<\/b><\/a>.<\/p>\n<p>America has been on the receiving end of false narratives. The purpose\u2064 of these false narratives is to make you feel powerless. The Western\u200d Journal empowers you by breaking these false narratives.<\/p>\n<p><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=BM6XAWRJ8NS7A&#038;utm_source=site&#038;utm_medium=westernjournalism&#038;utm_campaign=authorpitch\"><b>Please stand \u2062with us by donating today.<\/b><\/a><\/p>\n<p>Floyd G. \u2063Brown<br \/>\nFounder of\u2063 The \u2064Western Journal<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/trump-falls-forbes-400-list-wealthiest-americans\/\">Trump Falls from Forbes 400\u200c List of Wealthiest Americans<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The \u2062Western Journal<\/a>.<\/p>\n<p> <\/p>\n<h2> \u200bWhy has Donald \u2062Trump been excluded\u200b from the Forbes 400 list this\u2062 year?<\/h2>\n<p><span>  Rump finds himself\u200b \u200bonce again \u200boutside of the exclusive Forbes 400 list, highlighting his financial decline in recent years. This development sets him \u2063apart from many \u2062other U.S. politicians who have leveraged \u200ctheir positions to accumulate greater wealth.<\/p>\n<p>Forbes Magazine, \u200ca renowned publication known for its annual list of the wealthiest individuals in the United States, released its latest Forbes 400 list on Tuesday. Notably, the bar to qualify\u200b for the list\u200d reached a record $2.9 billion\u2062 in personal wealth. Former President Donald Trump failed to meet this threshold, resulting in his exclusion from the list this\u2064 year.<\/p>\n<p>The upper echelons of the Forbes 400 list have remained relatively unchanged since\u2063 last \u2062year. Topping the list\u2063 is Elon Musk, the CEO of Tesla and X (formerly known as Twitter), with a staggering personal fortune of $251 \u2064billion.\u2063 Interestingly, Musk&#8217;s financial journey\u2062 has\u2064 been tumultuous, as he also holds the Guinness World Record for losing the most money in history, with\u2064 $182 billion lost since 2021.<\/p>\n<p>Rounding out the top \u200cfive richest individuals in the\u2064 United States are Jeff Bezos, the CEO of Amazon, \u200dwith a\u2064 net worth of $161 billion; Larry Ellison, the co-founder \u2063of Oracle, with $158 billion; Warren Buffet, an esteemed investor, with $121 billion; and Larry Page, the former chief of Google, with $114 billion.<\/p>\n<p>Notably, the first \u2062women to appear on the Forbes \u200b400 list this year are Walmart heiress Alice Walton, with a net worth\u2063 of $66.5\u200b billion, and Julia Koch from the Koch Industries family, with $59.8 billion.<\/p>\n<p>However, amidst the list \u2064of the nation&#8217;s wealthiest individuals, a prominent name is\u2063 noticeably absent: Donald \u200cTrump.\u200b Forbes highlighted in\u200b a separate \u2064article that this is the second\u200c time in three years that Trump has fallen off\u200b the Forbes 400 list, primarily due to a\u200b decrease in his fortune to $2.6 billion. This places \u200bhim below the cutoff set \u2063by the magazine.<\/p>\n<p>According to\u2062 Forbes, Trump&#8217;s net worth has decreased by $600 million compared to the previous year. This decline can be attributed in part to his investment in Truth Social, his social media company, which has yet to generate profits. Furthermore, losses in the real estate\u200c and \u200doffice building sectors have also impacted Trump&#8217;s net worth.<\/p>\n<p>Trump previously dropped off the Forbes 400 list in the 1990s due to \u2064a series of unfavorable investments. \u2064Nevertheless, he managed to rebuild\u200d his empire and remained on the list for\u200b the following 25 years. However, \u2063he experienced another drop in 2021 before reclaiming a spot on the list\u200c in 2022.<\/p>\n<p>Today, Trump finds himself excluded from the prestigious Forbes 400 list once again.\u2063 This development serves as a testament to the fluctuations in his financial standing and sets him\u2064 apart from \u2062his political counterparts who have used their \u200bpositions to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/a-note-about-our-coverage-of-aocs-political-career\/\" title=\"A Note About Our Coverage of AOC\u2019s \u2018Political Career\u2019\">accumulate wealth<\/a>. As \u200dTrump continues to navigate his business ventures and\u200c investments, only time will tell if\u2063 he can regain his\u200d former position amongst \u200bthe wealthiest Americans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>that Donald Trump&#8217;s net worth had dropped significantly since leaving office. This highlights a departure from the trend of politicians amassing wealth during their tenure. Forbes&#8217; latest list reveals Trump&#8217;s exclusion from the 400 richest Americans, indicating his failure to further enrich himself as a former president.<\/p>\n","protected":false},"author":180,"featured_media":2055604,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2055602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2055602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/180"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2055602"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2055602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2055604"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2055602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2055602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2055602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}