Forbes Releases America’s Richest 400, See If Trump Made The List

President Trump has been on the Forbes 400 list for over 25 years.

In case you didn’t know, the Forbes 400 list is the yearly list put together by Forbes that ranks the richest U.S. citizens.by net worth.

Since 1996, Trump has been on the list every year all the way up to 2021.’

However this year, Trump was noticeably missing from the list and according to Forbes he was “$300 million” short from making the cut.

Trump is still estimated to be worth $2.6 billion and could be worth even more but e decided to take major pay cut by becoming President.

The only politician to get poorer in office – yet somehow he’s the bad guy! Amazing how effective propaganda is without even a propaganda minister! https://t.co/UlHe7wbRvn

— carla (@corina12899353) October 3, 2023

Trump drops off Forbes 400 list of wealthiest Americans https://t.co/e7f8A6sSje

— Axios (@axios) October 4, 2023

Per the left leaning Axios:

Former President Trump has dropped off the The Forbes 400 rich list of America’s wealthiest people, the magazine announced Tuesday.

Driving the news: “With an estimated $2.6 billion fortune, he is $300 million shy of the cutoff” for the “annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the list,” Forbes said.

A factor in Trump falling off the list of 400 richest Americans was that the deal to merge his social media company Truth Social with a SPAC remained in limbo.
“If Trump’s platform were thriving, he would probably have no trouble finding alternate financing. But it’s not, and there is little reason to be optimistic about Truth Social’s future,” according to Forbes.

Former President Donald Trump is no longer wealthy enough to be included in the Forbes 400, an annual list of the wealthiest Americans. https://t.co/qWatNCLacO

— CBS News (@CBSNews) October 3, 2023

CBS covered the story too:

President Donald Trump is no longer rich enough to be included in the Forbes 400, an annual ranking of America’s wealthiest individuals, Forbes magazine said on Tuesday.

Trump is still a billionaire, with Forbes estimating his net worth at $2.6 billion. But that’s down from the magazine’s estimate a year earlier that the real estate tycoon was valued at $3.2 billion, which earned him a place on the 2022 rich list.

Trump’s estimated net worth of $2.6 billion is $300 million short of the baseline to make the Forbes 400 list. The richest person in America is Tesla CEO Elon Musk, with a net worth of $251 billion, according to the ranking.

Tumbling from the Forbes 400 might seem like a minor problem for someone who is extremely wealthy and running a second time for the highest office in the U.S. But Forbes noted that the Forbes 400 is an “annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the list.”

Forbes can have their list, because Trump’s name is on a better list and that’s being an U.S. President.