Trump Still a Multi-Billionaire, but His Ranking Tumbles

He falls to No. 766 in newest ranking by 'Forbes'
By Arden Dier,  Newser Staff
Posted Mar 6, 2018 11:51 AM CST
President Trump speaks at the White House on Monday.   (AP Photo/Evan Vucci)

(Newser) – President Trump probably won't be happy to see Forbes' 2018 ranking of the world's richest people—he has fallen from No. 544 to No. 766. The list pegs Trump's fortune at $3.1 billion, $400 million less than in 2017. Forbes notes that New York City's struggling real estate market played a role—Trump Tower lost $41 million in value—though the magazine thinks Trump's "polarizing personality" is costing him business, too. Other big changes to this year's list: There are more billionaires than ever before (2,208) with a record $9.1 trillion in wealth, up 18% from 2017. A whopping $1.2 trillion of that sum is held by the 20 richest people, with Jeff Bezos replacing Bill Gates at the top. The most affluent 10:

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