Former US President Donald Trump was ranked outside the Forbes list of the richest people in the United States, after his wealth fell by about $400 million below the level required to be included in the list this year; According to Forbes magazine.
This is the first time in 25 years that the American real estate magnate has not been included in the list.
Since the beginning of the Corona pandemic, Trump’s fortune has declined by $600 million to $2.5 billion, and the decline came in light of the loss of value in large city properties.
Trump’s fortune is now about $400 million less than what is required to be included in Forbes’ list of the richest people in the United States.
Since the outbreak of the Corona pandemic, technology stocks, cryptocurrencies and e-commerce companies have flourished, but the real estate of large cities, which make up the bulk of Trump’s wealth, has dwindled, which led to the ex-US president’s exit from the most exclusive club in the United States.