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Donald Trump , whose business empire has continued to operate alongside his presidency, has fallen close to 100 places in a prestigious ranking of America’s wealthiest people.
The Forbes annual list ranking the 400 richest Americans, says Mr Trump has tumbled 92 places to 248th. Last year, he was ranked at 156th.
The magazine said the President’s total wealth had fallen $600m to a net worth of $3.1bn, largely due to a weakening in the New York City retail and office real estate markets. The magazine said the downgrading of his wealth was also a result of “new information” it had collected.
Donald Trump's least presidential moments so far...Show all 30 1 /30Donald Trump's least presidential moments so far... Donald Trump's least presidential moments so far... Threatening to shut down Twitter after being fact-checked After the president tweeted that voting by post would be "substantially fraudulent", Twitter attached a warning label to his tweet and referred readers to a site which explained how the claim was "unsubstantiated". Trump then said Twitter was "stifling free speech" and that he may have to shut it down, something which he would not have the power to do
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Donald Trump's least presidential moments so far... Flippantly dismissing a serious allegation of sexual assault When author E Jean Carroll accused Trump of raping her, the president responded: “Number one, she’s not my type. Number two, it never happened. It never happened, OK?"
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Donald Trump's least presidential moments so far... Insulting the Mayor of London as he landed in London Just before touching down at Stansted Airport for his state visit, Trump took time out to @ the London mayor Sadiq Khan on twitter. He said that Khan has done a "terrible job"as mayor and that he is a "stone cold loser"
Reuters
Donald Trump's least presidential moments so far... Taking plenty of "Executive Time" The president's official schedule sets aside the hours from 8 to 11am daily for "Executive Time". Further intermittent periods of "Executive Time" are scheduled throughout any given day, ranging from 15 minutes to 3 hours. His duties in these hours have not been officially disclosed, though Axios reports that he spends them watching TV, reading the newspapers and tweeting
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Donald Trump's least presidential moments so far... Shutdown the government for over a month in an effort to secure funding for his wall With Mexico declining to pay for the wall, the president has faced difficulty in raising the required $5bn at home. Due to his demand that the money for the wall be included in the budget, and Congress's refusal, the government partially shut down on 22 December 2018. It remained shut for over a month, the longest period in history
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Donald Trump's least presidential moments so far... Joking about the Nazi occupation of France to President Macron In this tweet from 13 November 2018, the president mocks Emmanuel Macron's suggestion of a "true, European army" by invoking the conflict between France and Germany in the world wars
Donald Trump's least presidential moments so far... Railing against the Mueller investigation The president has repeatedly claimed that the Mueller investigation into Russian interference in the 2016 election, is a "rigged witch hunt"
Reuters
Donald Trump's least presidential moments so far... Contradicting a US intelligence report on Russian meddling in the presence of Vladimir Putin In the press conference that followed his landmark meeting with Russian president Vladimir Putin, Trump stated that he saw no reason why Russia would have meddled in the 2016 US election. This contradicted a 2017 report by the US Office of the Director of National Intelligence that found evidence of Russian interference in favour of Trump
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Donald Trump's least presidential moments so far... Contradicting his contradiction of a US intelligence report on Russian meddling Following furious backlash in the US, the president claimed that he meant to say that he saw no reason why it would not have been Russia who meddled in the 2016 US election. As to why he would have intended to use such bizarre phrasing, he did not comment
Reuters
Donald Trump's least presidential moments so far... Colouring in the US flag wrong The president coloured in the US flag wrongly during a visit to a children's hospital in Columbus, Ohio. He added a blue stripe where in tradition, and statute, there have been only white and red stripes
AFP/Getty
Donald Trump's least presidential moments so far... Firing a Secretary of State over Twitter The president announced on Twitter that he was appointing Mike Pompeo as Secretary of State, much to the surprise of then Secretary of State Rex Tillerson
Donald Trump's least presidential moments so far... Quoting a catchphrase from a reality TV show when discussing police brutality While addressing the issue of black athletes not standing for the national anthem in protest of police brutality, the president made reference to his catchphrase from reality TV show "The Apprentice": you're fired!
Reuters
Donald Trump's least presidential moments so far... Calling African nations "S***hole Countries" Ever one for diplomacy, the president reportedly referred to African nations as "s***hole countries". Asked to confirm this when meeting with Nigeria's President Buhari, Trump stated that there are "some countries that are in very bad shape".
Reuters
Donald Trump's least presidential moments so far... Defending Russian President Vladimir Putin Trump appeared to equate US foreign actions to those of Russian president Vladimir Putin, saying: “There are a lot of killers. You think our country’s so innocent?”
Reuters
Donald Trump's least presidential moments so far... Asking for people to 'pray' for Arnold Schwarzenegger At the National Prayer Breakfast, Trump couldn’t help but to ask for prayers for the ratings on Arnold Schwarzenegger’s show to be good. Schwarzenegger took over as host of “The Apprentice” — which buoyed Trump’s celebrity status years ago
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Donald Trump's least presidential moments so far... Hanging up on Australian PM Malcolm Turnbull Early in his presidency, Trump reportedly hung up the phone on Australian prime minister Malcolm Turnbull after the foreign leader angered him over refugee plans. Mr Trump later said that it was the “worst call” he had had so far
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Donald Trump's least presidential moments so far... The 'Muslim ban' Perhaps one of his most controversial policies while acting as president, Trump’s travel ban targeting predominantly Muslim countries has bought him a lot of criticism. The bans were immediately protested, and judges initially blocked their implementation. The Supreme Court later sided with the administration’s argument that the ban was developed out of concern for US security
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Donald Trump's least presidential moments so far... Praising crowd size while touring Hurricane Harvey damage After Hurricane Harvey ravaged southeastern Texas, Trump paid the area a visit. While his response to the disaster in Houston was generally applauded, the president picked up some flack when he gave a speech outside Houston (he reportedly did not visit disaster zones), and praised the size of the crowds there
AP
Donald Trump's least presidential moments so far... 'Little Rocket Man' During his first-ever speech to the United Nations General Assembly, Trump tried out a new nickname for North Korea leader Kim Jong-un: Rocket Man. He later tweaked it to be “little Rocket Man” as the two feuded, and threatened each other with nuclear war. During that speech, he also threatened to totally annihilate North Korea
Donald Trump's least presidential moments so far... Attacking Sadiq Khan following London Bridge terror attack After the attack on the London Bridge, Trump lashed out at London Mayor Sadiq Khan, criticising Khan for saying there was “no reason to be alarmed” after the attack. Trump was taking the comments out of context, as Khan was simply saying that the police had everything under control
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Donald Trump's least presidential moments so far... Claiming presenter Mika Brezinkski was 'bleeding from the face' Never one not to mock his enemies, Trump mocked MSNBC’s “Morning Joe” co-host Mika Brzezinski, saying that she and co-host Joe Scarborough had approached him before his inauguration asking to “join” him. He noted that she was “bleeding badly from a face-lift” at the time, and that he said no
MSNBC
Donald Trump's least presidential moments so far... Claiming the blame for Charlottesville was on 'both sides' Trump refused to condemn far-right extremists involved in violence at 'the march for the right' protests in Charlottesville, even after the murder of counter protester Heather Heyer
AP
Donald Trump's least presidential moments so far... Retweeting cartoon of CNN being hit by a 'Trump train' Trump retweeted a cartoon showing a Trump-branded train running over a person whose body and head were replaced by a CNN avatar. He later deleted the retweet
Donald Trump's least presidential moments so far... Tweeting about 'slamming' CNN Trump caught some flack when he tweeted a video showing him wrestling down an individual whose head had been replaced by a CNN avatar. Trump has singled CNN out in particular with his chants of “fake news”
Donald Trump's least presidential moments so far... Firing head of the FBI, James Comey Trump’s firing of former FBI Director James Comey landed him with a federal investigation into Russia’s meddling in the 2016 election that has caused many a headache for the White House. The White House initially said that the decision was made after consultation from the Justice Department. Then Mr Trump himself said that he had decided to fire him in part because he wanted the Russia investigation Mr Comey was conducting to stop
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Donald Trump's least presidential moments so far... Not realising being president would be 'hard' Just three months into his presidency, Trump admitted that being president is harder than he thought it would be. Though Trump insisted on the 2016 campaign trail that doing the job would be easy for him, he admitted in an interview that living in the White House is harder than running a business empire
Reuters
Donald Trump's least presidential moments so far... Accusing Obama of wiretapping him Trump accused former president Barack Obama of wire tapping him on twitter. The Justice Department later clarified: Obama had not, in fact, done so
Reuters
Donald Trump's least presidential moments so far... Claiming there had been 3 million 'illegal votes' Trump was never very happy about losing the popular vote to Hillary Clinton by 2.8 million ballots. So, he and White House voter-fraud commissioner Kris Kobach have claimed that anywhere between three and five million people voted illegally during the 2016 election. Conveniently, he says that all of those illegal votes went to Clinton. (There is no evidence to support that level of widespread voter fraud.)
Donald Trump's least presidential moments so far... Leaving Jews out of the Holocaust memorial statement Just days after taking office, Trump’s White House issued a statement on International Holocaust Remembrance Day, but didn’t mention “jews” or even the word “jewish” in the written statement
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Donald Trump's least presidential moments so far... Anger over Inauguration crowd size Trump’s inauguration crowd was visibly, and noticeably, smaller than that of his predecessor, Barack Obama. But, he really wanted to have had the largest crowd on record. So, he praised it as the biggest crowd ever. Relatedly, Trump also claimed that it stopped raining in Washington at the moment he was inaugurated. It didn’t, the day was very dreary
Reuters
It has long been unclear precisely how wealthy Mr Trump really is. When he announced in the summer of 2015 that he was running for the White House, he boasted about how rich he was and held up a financial statement detailing what he said were $9.2bn in assets and $8.7bn in net worth.
“I’m not doing that to brag,” he said. “Because you know what? I don’t have to brag.”
Yet analysts were quick to question Mr Trump’s self-assessment. An filing with the Security and Exchange Commission (SEC) subsequently revealed he was probably worth no more than half of what he claimed. Back then, Forbes reckoned he had total wealth of $4bn.
On Tuesday, Luisa Kroll, Forbes magazine senior wealth editor told CNBC that Mr Trump had not sought to boost his ranking on the list, as she said he had in previous years.
John McCain appears to rebuke Trump by slamming "half-baked nationalism" “We’ll see if he tweets today,” she said. “I know he cares a lot.”
The President, whose wealth has been tracked by Forbes since 1982, shares his spot on the list with the 27-year-old Evan Spiegel, co-founder and CEO of the parent of Snapchat, and the youngest person included.
At the top of the list, Microsoft founder and philanthropist Bill Gates tops for the 24th consecutive year, with a net worth of $89n this year. Amazon’s Jeff Bezos, worth $81.5bn, retains the No. 2 spot for the second consecutive year, the magazine said.
Trump: We're saying 'Merry Christmas' again Meanwhile, iconic investor Warren Buffett, who before 2016 held the second spot for 15 consecutive years, has been listed at third place for the second year in a row.
The magazine said that the billionaires on its list have a combined total net worth of $2.7 trillion, up from $2.4 trillion in 2016. The minimum net worth now required to be counted among the very richest Americans hit a record high of $2bn, up from $1.7bn in 2015 and 2016. There were 169 billionaires who did not make the cut.
“America’s richest are richer than ever. The minimum net worth to make the Forbes list of 400 wealthiest Americans is now a record $2bn,” said Luisa Kroll and Kerry Dolan of Forbes .
“But even at these new heights, entrepreneurs are breaking into the ranks for the first time as they mint fortunes in everything from Netflix and telecom to vodka and fishing.“
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