Donald Trump is no longer ‘rich’, dropped from Forbes list for the first time in 25 years

Washington. Former US President Donald Trump is no longer ‘rich’. According to media reports, recently the Forbes list has informed that for the first time in 25 years, Trump has been left out of the list of 400 rich Americans in America. The magazine says that since the beginning of the Kovid-19 epidemic, Trump has lost millions of dollars. Trump lost to Democrat Joe Biden in the 2020 presidential election.

For the first time in 25 years, former President and real estate stalwart Donald Trump has crossed the list of the rich. Trump’s wealth is around $ 250 million ((about Rs 1,86,52,50,00,000 according to Indian currency)), but he is around $ 400 million ((about Rs 29,84,40,00,000 according to Indian currency) The report says that Trump had a golden opportunity during the US presidential election. It has also been said that he himself is also responsible for this loss.

According to the report, “From the 2016 election, federal officials were asking Trump to sell real estate. After that he could invest in broad based index funds and get office without conflict of interest. However, the former US President decided to retain his assets. ‘After removing the debt, their value at that time was estimated at $ 350 million (about Rs 2,61,16,12,50,000 according to Indian currency).’

The magazine says that Trump is the cause of this loss. ‘If Trump is looking for someone to blame, he can start with himself.’ Before entering the White House, Trump said he could “run business and government at the same time.” Trump was quoted as saying by Forbes, ‘I don’t like what it looks like, but I can do it if I want to. I am the only one who can do that.

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