Forbes list magazine makes excuses for President Donald Trump as his net worth drops by $600 million

Forbes list of the 400 richest Americans is out; the list discloses that the US President Donald Trump fell by $600 million to $3.1 billion which made him drop from #248 to #156.

The magazine attributed his decline in wealth to “a tough New York Real Estate Market, particularly for all retail locations; a costly lawsuit and an expensive presidential campaign.

According to the report from the magazine, Bill gate is still the number one richest with an estimated net worth of $89 billion. Amazon founder and CEO Jeff Bezos holds the second position with net worth of $81.5 billion while Warren Buffet remains holds the third position with an estimated net worth $78 billion.

The combination of all the net worth of the 400 richest Americans is $2.7 trillions