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Trump drops 220 spots on the Forbes Billionaires List


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#1 Thirteen

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Posted 20 March 2017 - 03:24 PM

http://money.cnn.com...orth/index.html

 


The magazine put his net worth at $3.5 billion, down $1 billion from the rankings it issued a year ago.

 

As a result, his position on the Forbes' ranking dropped 220 spots, leaving him tied with 19 others as the 544th richest person in the world.

 

Forbes said that much of the decline in Trump's net worth is due to softness in the midtown Manhattan real estate market.

 

 

The 2017 list is longer than it's ever been before -- Forbes estimates there are now 2,043 billionaires worldwide, up from 1,810 in 2016. Their average net worth is $3.75 billion, which means Trump is not even worth as much as the "average" billionaire.

 

 

I sense a tweet storm coming.



#2 Norman

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    Go away you little gnat

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Posted 20 March 2017 - 03:27 PM

Well thank god he's got some new buddies throwing some business his way!

 

Russian elite invested nearly $100 million in Trump buildings
By Nathan Layne, Ned Parker, Svetlana Reiter, Stephen Grey and Ryan McNeill
 
Filed March 17, 2017, 5:44 p.m. GMT
A Reuters review found that at least 63 individuals with Russian passports or addresses have bought at least $98.4 million worth of property in seven Trump-branded luxury towers in southern Florida.
 


#3 zenwalk

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Posted 20 March 2017 - 03:29 PM

Yeah, he won't be there for long.  Becoming president was the best business move he's ever made.


"A screaming comes across the sky. . ." -- Thomas Pynchon

#4 FatBoy

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Posted 20 March 2017 - 03:29 PM

It must be humiliating. 


If we are here to help others, I often wonder what the others are here for. - Sir Thomas Robert Dewar

#5 ODENTON

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Posted 20 March 2017 - 07:38 PM

**** donald.

 

 

 

86 billion.......Dam Bill, you the Man!

The Microsoft (MSFT, Tech30) founder's net worth is $86 billion, up from $75 billion last year.






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