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You are here News Domestic (USA) For decades, Trump fought to climb the Forbes rich list. Now he’s off it.

For decades, Trump fought to climb the Forbes rich list. Now he’s off it.

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Trump off Fobes list

In 1982, when Forbes magazine launched its rich list, a compilation of the 400 wealthiest Americans, a young Donald Trump made the coveted roster, but only to reflect that he held some ill-defined portion of his family’s real estate fortune.

The publicity-hungry developer launched a decades-long campaign to gain a permanent position on the list, claiming an ever-ballooning net worth that would push him up the ranks of the nation’s richest people. Money, Trump said, was how people “keep score” in life.

This week, for the first time in more than a quarter-century, Forbes dropped Trump from the list entirely, reporting that the former president is now worth about $2.5 billion — the same as last year, but as the rich get richer, stasis won’t cut it on the rich list. Trump’s worth is down about $600 million since the start of the pandemic, the magazine reported, leaving him $400 million short of qualifying for this year’s Forbes 400.

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