“Forbes” released its annual list of the 400 wealthiest Americans, and for the first time in 25 years, Donald Trump isn’t on it. Ironically, he WOULD have made it if he’d only listened to ethics officials.
They actually urged Trump to sell his real estate assets after he won the election, because they presented a potential conflict of interest. But Trump ignored them.
Unfortunately for him, those assets tanked during the pandemic, causing Trump’s net worth to drop by $600 million. Trump missed the “Forbes” list by $400 million.
Now, if Trump had listened to his advisors and sold those properties, then invested that money, he would be 80% richer than he is today. “Forbes” says, “His refusal to divest cost him $2 billion.”
FYI, Jeff Bezos is still the richest man in America, with $201 billion. Elon Musk is second with $190.5 billion.