Donald Trump has fallen 77 places in Forbes' ranking of the 400 richest Americans in 2020

[George II]

Full headline:

Donald Trump has fallen 77 places in Forbes' ranking of the 400 richest Americans in 2020 as his properties take a coronavirus hit

Note, this is based on what he SAYS he was worth, not reality. In fact, he's probably dead broke!

The coronavirus pandemic has decimated the finances of millions of Americans.

President Trump's fortune has taken a hit, too: He is nearly $600 million less rich than he was 12 months ago, dropping him 77 spots down the Forbes 400 list of the wealthiest Americans. A large portion of Trump's fortune is held in a cluster of office and residential towers in Manhattan, whose value has slid as the coronavirus pandemic has upended New York's real estate market as a whole. Forbes now estimates that Trump has a net worth of $2.6 billion, placing him at No. 352.

A representative for Trump at the Trump Organization did not immediately respond to Business Insider's request for comment on the president's net worth or position on the Forbes 400 list.

The president isn't the only billionaire whose fortune has fared poorly during the coronavirus pandemic. Investor Warren Buffett's net worth dropped $7.3 billion — more than anyone else on the Forbes 400 in dollar terms — as Berkshire Hathaway remains down. Las Vegas Sands CEO Sheldon Adelson lost $4.7 billion as the pandemic kept his casinos closed for nearly three months.
https://www.businessinsider.com/donald-trump-wealth-president-forbes-400-coronavirus-2020-9

[spooky3]

1. Lawrence O'Donnell said it long ago - Trump is not rich and hasn't been for many years.

He blew through $400 million of Daddy's money and has had a negative net worth for a long time.

He never belonged in the Top 400 list.

[DFW]

2. I was gonna say....

Why is he on there at all?

If you have debts of $8 billion and assets of $6 billion, the only reason you can even afford a Big Mac is because some bank loan officer is too terrified to call in a loan he authorized, and now knows is bad.

[crickets]

3. +1