Trump's net worth dwindled to $3.5 billion, Forbes says

Trump's net worth dwindled to $  3.5 billion, Forbes saysBy Barbara Goldberg NEW YORK (Reuters) – While Donald Trump’s political fortunes were rising, his net worth was dropping to a mere $ 3.5 billion, or roughly a third of what he claimed during his successful campaign for the U.S. presidency, according to the latest Forbes list of the world’s billionaires. Trump tumbled more than 100 spots to No. 544 on the magazine’s 31st annual list, largely because of the impact of the slumping New York real estate market on his holdings. The developer-turned-politician, who ranked No. 205 last year, fell further behind to Bill Gates, the list’s perennial leader.



Yahoo News – Latest News & Headlines