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Donald Trump

Donald John Trump (born June 14, 1946) is the 45th and current president of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in the New York City borough of Queens, and received a bachelor's degree in economics from the Wharton School. He took charge of his family's real-estate business in 1971, renamed it The Trump Organization, and expanded its operations from Queens and Brooklyn into Manhattan.

The company built or renovated skyscrapers, hotels, casinos, and golf courses. Trump later started various side ventures, mostly by licensing his name. He owned the Miss Universe and Miss USA beauty pageants from 1996 to 2015, and produced and hosted The Apprentice, a reality television show, from 2003 to 2015. Forbes estimates his net worth to be $3.1 billion.

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Donald Trump Drops Off Forbes Richest Person List -- And This HUGE Business Failure Is The Reason Why!

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perezhilton.com

Pull yourself up by your bootstraps, Donald Trump! The former President has fallen off the Forbes 400 list that tracks the 400 richest people in the US.

And while normally we wouldn’t care what a businessperson’s net worth is, with Trump, it matters — because he never shuts up about it! Related: Trump Got ENORMOUS McDonald’s Delivery To Court Amid $250 Million Fraud Trial! According to Forbes in a release published on Tuesday afternoon, the Apprentice star’s net worth is approximately $2.6 billion.

That’s still a TON of money, obviously. But it’s a big drop from his past net worth of $3.2 billion, which had earned him a place on the 2022 richest-person list.

Now, in 2023, his big drop in business value corresponds with a drop OFF the richest list. See ya, Donald! Per the financial outlet’s reporting, the reason Trump dropped off the list is simple: it’s the complete failure of Truth Social.

Read more on perezhilton.com
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