Donald Trump is no longer among Forbes 400 wealthiest Americans

Donald Trump, the former president of the United States, was not included in Forbes’ annual list of the wealthiest Americans.

Trump is now worth an estimated 2.5 billion dollars, according to Forbes, leaving him 400 million dollars short of making this year’s 400 lists.

On Tuesday night, Forbes’ verified Instagram profile sent a message to this effect.

According to Forbes, the real estate billionaire is just as affluent as he was a year ago, when he was ranked 339th, but he has lost 600 million dollars since the outbreak began.

It stated that in the COVID period, technology stocks, cryptocurrencies, and other assets had performed well.

However, the bulk of Trump’s income is made up of big-city buildings, which has pushed the former president out of the country’s most elite club.

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“Many millennials had become enthusiastic investors as a result of the market’s wild swings and astounding rise since the early days of the COVID-19 pandemic, and nobody had benefited more from their fixation with meme stocks and cryptomania than a few of their young peers,” it stated.

In total, 15 Forbes400 members are under the age of 40, up from 12 in 2020, with six of them making their debut appearance on the list.

Among the 15, 29-year-old Sam Bankman-Fried has acquired a staggering 22.5 billion dollars with his cryptocurrency exchange, FTX.

a battle of wills Brian Armstrong (38) and Fred Ehrsam (33) of Coinbase are worth $11.5 billion and $3.5 billion, respectively; Robinhood Markets’ 37-year-old co-founder Baiju Bhatt is worth $2.9 billion.

With a fortune of 134.5 billion dollars, Mark Zuckerberg (37), by far the wealthiest individual in this group.

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