Posted 10/4/2023, 11:33:00 AM
Trump Drops Off Forbes 400 List as Truth Social Struggles and Assets Decline in Value
- Trump drops off Forbes 400 richest Americans list
- Trump's net worth estimated at $2.6 billion, down from $3.2 billion last year
- Drop largely due to overvaluation of Trump's Truth Social platform
- Truth Social signed up only 6.5 million users vs 40 million predicted
- Led Forbes to slash Truth Social's parent company valuation
- Trump's real estate portfolio also lost around $170 million in value
