Donald Trump falls off Forbes richest list

Former US President Donald Trump is no longer rich enough to be included in the Forbes 400 list, Forbes magazine said on Tuesday, Oct. 3. 

Forbes estimates his net worth at $2.6 billion, which is 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.

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.”

Trump’s exclusion from the Frobes 400 also comes as he is facing a civil fraud trial in New York that accuses him of vastly over representing his wealth and the values of many of his properties.

Trump fell off this year’s list because of Forbes’ estimate that his net worth declined by $600 million compared with a year earlier. This decline is due to Trump’s social media business, Truth Social, Forbes said.

Truth Social has so far failed to live up to Trump’s vision for the social media service. Forbes estimates that Truth Social has signed up just 6.5 million users — about 1% of the users on X (formerly known as Twitter).

Last updated: Just Now2025-08-21T13:49:55+01:00

Share On:

Music DJ Tobzy Imole Giwa – ZonTo Dance Beat

Music Fela 2 – Kay U Way

Music Saidaboj – Oops

Music Koko Pee – Chairman

Music Koko Pee – 3Toto

Music Koko Pee – Made From Pain

Music Koko Pee – Where the Money Dey ft. Don Jazzy

Music Koko Pee – Not For Me

Music Koko Pee – Shine Na II ft. JeriQ

Music Koko Pee – Shine Na