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Trump Drops Nearly 300 Spots On Forbes Billionaires List As His Brand Turns Toxic



Donald Trump business

Former President Trump, who often brags about his billionaire status, fell nearly 300 spots on the Forbes billionaires list, after his fortune decreased by more than $1 billion during his four years in office, according to the financial news outlet.

Trump ranked 1,299 on the Forbes billionaires list, released on Tuesday, with an estimated worth of $2.4 billion. Last year, Trump ranked 1,001 on the list, Forbes reported.

Bloomberg News reported similar statistics last month, when they found that the former president’s net worth fell from $3 billion to $2.3 billion over the course of his presidency, noting that the fallout from the deadly Jan. 6 Capitol attack heavily impacted his business as his brand became toxic for consumers.