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
Trump Tumbles 222 Spots on Billionaires' List
President Trump speaks at the White House on Monday.   (AP Photo/Evan Vucci)

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:

1. Jeff Bezos: $112 billion
2. Bill Gates: $90 billion
3. Warren Buffett: $84 billion
4. Bernard Arnault: $72 billion
5. Mark Zuckerberg: $71 billion
6. Amancio Ortega: $70 billion
7. Carlos Slim Helu: $67.1 billion
8. Charles Koch: $60 billion
9. David Koch: $60 billion
10. Larry Ellison: $58.5 billion

The full list is here. (Read more billionaires stories.)

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