He will be extremely annoyed about this news: Former US President Donald Trump (77) has been kicked off the influential Forbes list for the second time in three years. With assets equivalent to 2.47 billion euros, he is around 285 million euros short of making it onto the list. “Donald Trump is no longer rich enough for the most exclusive club in the country,” said Forbes magazine.
One of the reasons for his dwindling fortune is problems with the social media platform “Truth Social”, which he built after he was banned from Twitter and Facebook, the magazine continues. This reduced his assets by around 570 million euros. In addition, his real estate empire also suffered financial losses. However, his golf business would be doing well: an exclusive golf resort in Miami, which he bought for the equivalent of 142 million euros, is now worth around 275 million euros, according to Forbes.
Trump was already kicked off the Forbes list in 2021; At that time his assets were said to have been an estimated 2.2 billion euros. Before that, he had regularly managed to be on the coveted list for 25 years.
Trump is currently facing civil fraud charges. He is said to have defrauded banks and insurers for years, manipulated company assets and systematically provided false information.
Incidentally, Tesla boss Elon Musk (52) is in first place on the list of the super rich with assets of almost 239 billion euros. He has pushed Amazon boss Jeff Bezos (59.85 billion euros) into second place.