The Jokes Keep Rolling In As Donald Trump Reportedly Fell Off The “Richest People” List For The First Time Since 1996: “Has He Demanded A Recount Yet?”

That's a shame.

645 points

Former President Donald Trump is no longer on Forbes’s “richest people” list, and he only has himself to blame, the outlet reports. Trump is still wealthy, worth an estimated $2.5 billion, but he’s not worth enough to be on the coveted list of America’s richest people. One year ago, Trump was at No. 339 on the list, but he is down $600 million since the pandemic’s start. I still want to see his tax returns, though, before I agree that he’s a billionaire.

“If Trump is looking for someone to blame, he can start with himself,” Forbes reports. “Five years ago, he had a golden opportunity to diversify his fortune. Fresh off the 2016 election, federal ethics officials were pushing Trump to divest his real estate assets. That would have allowed him to reinvest the proceeds into broad-based index funds and assume office free of conflicts of interest.”

“I could actually run my business and run government at the same time,” he told a crowd of reporters assembled in Trump Tower, Forbes notes. “I don’t like the way that looks, but I would be able to do that if I wanted to. I would be the only one that would be able to do that.”

Well, that’s what did him in. Trump’s refusal to divest cost him $2 billion. Had he done otherwise, the outlet reports, “Trump’s fortune would have ballooned to $4.5 billion by now, leaving him 80% richer than he is today.”

Twitter users had a little fun at Donald’s expense.

Trump lost money because he made bad financial decisions. The twice-impeached one-term president lost the election in November because he made abysmal choices during his presidency. I’m starting to see a pattern here.

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645 points