U.S. President Donald Trump’s net worth fell by $400 million last year, down to an estimated $3.1 billion, causing him to plummet 222 places on Forbes magazine’s annual list of the world’s billionaires, released Tuesday.
Trump slipped from 544th richest in 2017 to 766th in 2018. It is the second consecutive year that Trump’s fortune has dwindled.
Trump’s slide down the rankings of the world’s wealthy comes as a record 35 people have joined Forbes list of billionaires.
Amazon CEO Jeff Bezos was named the richest man in the world, with a fortune of $112 billion, up $39.2 billion from the year before. …read more