Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

Which famous billionaire has toppled 92 places down the Forbes Rich List? Take a guess

One News Page Staff Wednesday, 18 October 2017
Which famous billionaire has toppled 92 places down the Forbes Rich List? Take a guessby

The Forbes Rich List is a regular affair which takes into account the wealthiest and most influential businesspeople in the US – it’s often a chance to see who the movers and shakers are from one year to the next, and to see who has the capital to take that seemingly unachievable mantle – America’s richest person. That honor, once again, goes to Bill Gates – he’s worth a reported $89 billion – with Amazon’s Jeff Bezos following behind, having briefly become the world’s richest for all of a few minutes earlier this year. Gates, however, has clung onto the mantle for considerable years – and his altruistic tendencies have never done his image or credibility any harm, either.

One super-famous billionaire who previously sat at #156 on the Rich List last year has seen his fortune crumble a little – though likely for good reason – as he now comes in at #248 on the 2017 Rich List. The billionaire in question is, of course, Donald Trump.

President Trump has been focusing his energy – and tweeting – on the running of the country since his inauguration earlier this year – meaning it may not be too surprising that his personal fortune has taken something of a bite in recent months. His fortune is thought to have fallen by 31% across two years, with the statesman now worth $3.1 billion, down from $3.7 billion in 2016 and $4.5 billion in 2015. It’s been noted that Trump asserted, during campaigning, that he was worth at least $10 billion – but Forbes, ever ready to show just who has the most pennies year in, year out, was quick to burst that bubble – rather publicly.

Forbes proposes that the drop in wealth for the President seems to stem from his real estate empire in Manhattan, and that the value of some of his holdings have shrunk in price over the past few months. It’s completely plausible – though how Trump himself will react to having fallen down the ranking to #248 is anyone’s guess. The Forbes Rich List is an annual event for anyone interested in entrepreneuring and learning about what makes the mega-rich, well, mega-rich. For others, it’s a chance to see who’s doing well, and who may be starting to feel the pinch. Despite Trump’s slight decrease in wealth, he is still among the richest in the world – and on top of this, he’s running a country, to boot.

Link: Forbes Rich List: The World's Billionaires

Share on
Share on
Post on 
Share by
Source: Euronews English - < > Embed

News video: Forbes Rich List: Trump tumbles 92 places

Forbes Rich List: Trump tumbles 92 places 00:50

Donald Trump has tumbled 92 places in the Forbes rich list despite a bumper year for America’s wealthiest people. Bill Gates topped the prestigious ranking yet again with a net value or $89 billion. The Microsoft co-founder was closely followed by Amazon’s Jeff Bezos who trailed around $7.5...

Recent related news

Starting today, you can now take a driverless bus down the Las Vegas strip

Starting today, you can now take a driverless bus down the Las Vegas strip
· *Navy ARMA's driverless bus will begin shuttling passengers along a half-mile route in downtown Las Vegas. * · *The bus has driven Las Vegas's streets...
Business Insider - Technology

Joel Osteen impersonator shows up at a Joel Osteen event and trolls everyone

Extremely rich and famous pastor Joel Osteen (you know, the one who shut down his megachurch during hurricane Harvey) had an event at the Forum in Inglewood,...
Mashable - Internet

Wealthy Dem Stephen Cloobeck Blasts Party for Attack on Rich: ‘Effing Wrong’ (Video)

Multimillionaire Democrat Stephen Cloobeck has had it up to here with all the hate against the superwealthy coming from inside the very party to which he...
The Wrap - US

John Lewis Christmas advert 2017: Viewers brand ad a 'big let down' and 'rubbish' for bizarre reason - as Piers Morgan pipes in with very negative opinion

John Lewis released their new advert [John Lewis] Each year, millions across the nation share their excitement on the arrival of the festive advert, which in the...
OK! - Celebrities

GoDaddy Files Lawsuit Against Spammers Claiming Association

GoDaddy Files Lawsuit Against Spammers Claiming Association
GoDaddy filed a lawsuit against individuals and companies which have been allegedly distributing spam claiming to be associated with GoDaddy, Domain Name Wire...
WorldNews - Front Page

iPhone X owners: Please, please, please don’t be idiots, and do this

Apple says the glass on the brand new iPhone X, which covers the front of back of the phone, is the "most durable glass ever in a smartphone." This might be...
Mashable - Internet

'I woke up next to actor Richard Burton' admits photographer Bill, aged 98

Bill never goes anywhere without his camera and has spent decades take photos of the rich and famous
Derby Telegraph - UK

Uber rival Taxify demoted its UK chief and is raising new funding as it tries to relaunch in London

Uber rival Taxify demoted its UK chief and is raising new funding as it tries to relaunch in London
** · *Estonian ride-hailing company Taxify is a younger competitor to Uber which has grown quickly by focusing on eastern Europe, Asia, and Africa.* · *The...
Business Insider - Technology

You Might Like

Other recent news in World

Zimbabwe crisis: Who is Grace MUGABE?LEONARDO DA VINCI artwork sells for record $450m
With Mugabe’s Era Ending in Zimbabwe, a Warning Echoes in AFRICATrump takedown? Democrats introduce five articles of impeachment against President DONALD TRUMP
US Senate candidate ROY MOORE casts doubt on fifth accuserFOX NEWS Has Debunked Their Own Hillary Clinton Conspiracy Theory
Tory backlash at rebels threatening to frustrate BREXITDuterte tells CANADA's Trudeau to 'lay off' the 'bullsh*t'
AUSTRALIA same-sex marriage: Senators rise to applaud speechReport: CHARLES MANSON hospitalized, may have days to live


•More original news reports from One News Page
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+