comScore

Trump Net Worth Plunges: Bid For President Reportedly Cost Him $600 Million

Make Trump’s net worth great again?

Forbes just released their Forbes 400 list of the richest Americans, and while most of America’s uber-wealthy seem to only be getting richer—President Donald Trump has not been so lucky.

Since taking office, Trump’s net worth has plummeted over $600 million dollars to put him at a paltry $3.1 Billion and a lowly spot of #248.  The 45th President is now notably tied with Snapchat billionaire Evan Spiegel.  This big drop caused the publication to declare the President their “most notable loser” of the year…OUCH!

Forbes elaborated on the reason for the President’s huge loss:

A tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president.

Despite all of the craziness coming out of President Trump’s mouth this morning, Trump has yet to respond to the reports.  One has to wonder how the President—like many Americans—will survive until his next paycheck…

Have a tip we should know? tips@mediaite.com

Filed Under:
  1. Mediaite
  2. The Mary Sue
  3. RunwayRiot
  4. Law & Crime
  5. SportsGrid
  6. AmboTV
  7. Gossip Cop