Trump Is , Knocked Off, ‘Forbes 400’ List.<br />For the first time in 25 years, <br />the former president is not on <br />the list of America's richest people. .<br />On Oct. 5, 'Forbes' revealed that Trump is now worth about $2.5 billion.<br />That is $400 million short <br />of what was needed to <br />make the cut this year. .<br />Trump began to drop in the rankings after he became President of the United States.<br />Additionally, the publication <br />claims he lost $600 million <br />since the start of the pandemic.<br />Trump decided to keep his assets instead of diversifying his fortune five years ago.<br />After paying <br />capital gains taxes, <br />he would have been <br />left with $2.4 billion.<br />According to 'Forbes,' , if he would have put $2.4 billion in an index fund tracking the S&P 500, his wealth would have increased to $4.5 billion.<br />'Bloomberg' estimates that the value of Trump's commercial real estate properties fell by 26% over the past five years.
