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| Meta Title | Donald Trump's net worth is down $800m, according to Forbes | Donald Trump | The Guardian | ||||||||||||||||||
| Meta Description | The Republican nominee for president is down 35 spots on the Forbes 400 to a four-way tie for 156th place | ||||||||||||||||||
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| Boilerpipe Text | Itâs turning out to be an awful week for Donald Trump. The Republican nominee for president is worth some $800m less this year than he was last year, according to
the Forbes 400
, an annual ranking of the worldâs wealthiest people.
Trumpâs net worth fell from $4.5bn to $3.7bn between the 2015 and 2016 ranking. He is now tied for 156th place in the magazineâs annual wealth competition with fellow real estate developers Jerry Speyer and Igor Olenicoff, FedEx founder Frederick Smith, and Steven Spielberg, who saw his own net worth rise by about $100m. Trump is down 35 places from 2015.
His fall came as the rich got even richer. The countryâs 400 richest were worth $2.4tn this year and had an average net worth of $6bn, both record highs. For the
23rd straight year
, the wealthiest person on the list was Microsoft founder Bill Gates. Gates gained $5bn in the last year â his net worth has increased from $76bn to $81bn.
Amazonâs Jeff Bezos, too, gained ground: an additional $20bn makes him the second-richest person on Earth, up from the fourth-richest last year. Entrepreneur Warren Buffettâs ranking dropped second to third, though his net worth went up from $62 to $65.5bn.
Mark Zuckerberg
also had a good 2015: the Facebook CEO made $15.2bn between this list and the last, placing him in fourth place and knocking Oracle CEO Larry Ellison down to No 5. Former New York mayor Michael Bloombergâs $6.4bn increase to $45bn put him up at sixth place from eighth last year. Republican financiers the Koch brothers are tied for No 7: their personal fortunes grew by only $1bn this year. Meanwhile, Pierre Omidyar, founder of the Intercept, was up $100m to $8.1bn, rising three places from #57 to #54.
Notable absences from the list included Elizabeth Holmes, the founder of the
biotech startup Theranos
, which is being investigated for fraud. Forbes
revised Holmesâs net worth to zero
from $4.5bn after investigations into Theranosâs proprietary technologies suggested the company had falsely claimed a number of scientific breakthroughs.
Holmes isnât the only one with money troubles this year: among Trumpâs woes are uncertainties in the New York City real estate market, where demand for retail and office space has become less urgent, according to the magazine.
Trumpâs net worth has been a subject of much debate over the course of his presidential campaign, as his steadfast refusal to release his tax returns has kept most details of his financial dealings out of the public eye. The New York Times revealed last week that
Trump had declared a $916m loss
on his 1995 state tax returns; the partial returns provided to the Times by an anonymous source are the largest single disclosure of Trumpâs financial dealings.
Fortuneâs research into Trumpâs wealth has the advantage of 35 years of research on the man â the first time Forbes published an estimate of Trumpâs wealth was on its first-ever Forbes 400 in 1982, when he was worth a mere $100m. Nowadays, young Trump wouldnât even make the list â the poorest person on the 400 is car dealership magnate Gail Miller, with $1.7bn. Even adjusted for inflation, Trumpâs $100m in 1982 is âonlyâ $249m. | ||||||||||||||||||
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Donald Trump, seen here applauding supporters in Colorado, has fallen to 156th place in the Forbes 400. Photograph: Jason Connolly/AFP/Getty Images
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Donald Trump, seen here applauding supporters in Colorado, has fallen to 156th place in the Forbes 400. Photograph: Jason Connolly/AFP/Getty Images
[Donald Trump](https://www.theguardian.com/us-news/donaldtrump)
This article is more than **9 years old**
# Donald Trump's net worth is down \$800m, according to Forbes
This article is more than 9 years old
The Republican nominee for president is down 35 spots on the Forbes 400 to a four-way tie for 156th place
[Sam Thielman](https://www.theguardian.com/profile/sam-thielman) in New York
Tue 4 Oct 2016 18.01 CEST
Last modified on Tue 11 May 2021 11.21 CEST
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Itâs turning out to be an awful week for Donald Trump. The Republican nominee for president is worth some \$800m less this year than he was last year, according to [the Forbes 400](http://www.forbes.com/sites/jenniferwang/2016/09/28/the-definitive-look-at-donald-trumps-wealth-new/#32c6bf277e2d), an annual ranking of the worldâs wealthiest people.
Trumpâs net worth fell from \$4.5bn to \$3.7bn between the 2015 and 2016 ranking. He is now tied for 156th place in the magazineâs annual wealth competition with fellow real estate developers Jerry Speyer and Igor Olenicoff, FedEx founder Frederick Smith, and Steven Spielberg, who saw his own net worth rise by about \$100m. Trump is down 35 places from 2015.
His fall came as the rich got even richer. The countryâs 400 richest were worth \$2.4tn this year and had an average net worth of \$6bn, both record highs. For the [23rd straight year](http://www.forbes.com/sites/kerryadolan/2016/10/04/inside-the-2016-forbes-400-facts-and-figures-about-americas-richest-people/#64c189b39730), the wealthiest person on the list was Microsoft founder Bill Gates. Gates gained \$5bn in the last year â his net worth has increased from \$76bn to \$81bn.
Amazonâs Jeff Bezos, too, gained ground: an additional \$20bn makes him the second-richest person on Earth, up from the fourth-richest last year. Entrepreneur Warren Buffettâs ranking dropped second to third, though his net worth went up from \$62 to \$65.5bn. [Mark Zuckerberg](https://www.theguardian.com/technology/mark-zuckerberg) also had a good 2015: the Facebook CEO made \$15.2bn between this list and the last, placing him in fourth place and knocking Oracle CEO Larry Ellison down to No 5. Former New York mayor Michael Bloombergâs \$6.4bn increase to \$45bn put him up at sixth place from eighth last year. Republican financiers the Koch brothers are tied for No 7: their personal fortunes grew by only \$1bn this year. Meanwhile, Pierre Omidyar, founder of the Intercept, was up \$100m to \$8.1bn, rising three places from \#57 to \#54.
Notable absences from the list included Elizabeth Holmes, the founder of the [biotech startup Theranos](https://www.theguardian.com/technology/2016/jul/08/theranos-elizabeth-holmes-banned-medical-lab), which is being investigated for fraud. Forbes [revised Holmesâs net worth to zero](http://www.forbes.com/sites/matthewherper/2016/06/01/from-4-5-billion-to-nothing-forbes-revises-estimated-net-worth-of-theranos-founder-elizabeth-holmes/#67b4d6392f29) from \$4.5bn after investigations into Theranosâs proprietary technologies suggested the company had falsely claimed a number of scientific breakthroughs.
Holmes isnât the only one with money troubles this year: among Trumpâs woes are uncertainties in the New York City real estate market, where demand for retail and office space has become less urgent, according to the magazine.
Trumpâs net worth has been a subject of much debate over the course of his presidential campaign, as his steadfast refusal to release his tax returns has kept most details of his financial dealings out of the public eye. The New York Times revealed last week that [Trump had declared a \$916m loss](https://www.theguardian.com/us-news/2016/oct/02/donald-trump-income-tax-returns-published) on his 1995 state tax returns; the partial returns provided to the Times by an anonymous source are the largest single disclosure of Trumpâs financial dealings.
Fortuneâs research into Trumpâs wealth has the advantage of 35 years of research on the man â the first time Forbes published an estimate of Trumpâs wealth was on its first-ever Forbes 400 in 1982, when he was worth a mere \$100m. Nowadays, young Trump wouldnât even make the list â the poorest person on the 400 is car dealership magnate Gail Miller, with \$1.7bn. Even adjusted for inflation, Trumpâs \$100m in 1982 is âonlyâ \$249m.
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[Kububeach](https://profile.theguardian.com/user/id/14983846)
[5 Oct 2016 7.34](https://discussion.theguardian.com/comment-permalink/84674966)
[Kububeach](https://profile.theguardian.com/user/id/14983846)
[5 Oct 2016 7.34](https://discussion.theguardian.com/comment-permalink/84674966)
3
WRONG. WRONG. WRONG.
- 

[SunnyJim](https://profile.theguardian.com/user/id/15116820)
[5 Oct 2016 10.49](https://discussion.theguardian.com/comment-permalink/84689651)
[SunnyJim](https://profile.theguardian.com/user/id/15116820)
[Kububeach](https://www.theguardian.com/us-news/2016/oct/04/donald-trump-net-worth-forbes-400#comment-84674966)
[5 Oct 2016 10.49](https://discussion.theguardian.com/comment-permalink/84689651)
0
WARMER..\!
.
That Alec Baldwin.. he nailed it.. .
Hahah haa aah ha..\!
.
- 

[User762882](https://profile.theguardian.com/user/id/10272828)
[5 Oct 2016 5.55](https://discussion.theguardian.com/comment-permalink/84670178)
[User762882](https://profile.theguardian.com/user/id/10272828)
[5 Oct 2016 5.55](https://discussion.theguardian.com/comment-permalink/84670178)
0
No sympathy here, that's for damned sure. ��
View more comments
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(dcr) | ||||||||||||||||||
| Readable Markdown | Itâs turning out to be an awful week for Donald Trump. The Republican nominee for president is worth some \$800m less this year than he was last year, according to [the Forbes 400](http://www.forbes.com/sites/jenniferwang/2016/09/28/the-definitive-look-at-donald-trumps-wealth-new/#32c6bf277e2d), an annual ranking of the worldâs wealthiest people.
Trumpâs net worth fell from \$4.5bn to \$3.7bn between the 2015 and 2016 ranking. He is now tied for 156th place in the magazineâs annual wealth competition with fellow real estate developers Jerry Speyer and Igor Olenicoff, FedEx founder Frederick Smith, and Steven Spielberg, who saw his own net worth rise by about \$100m. Trump is down 35 places from 2015.
His fall came as the rich got even richer. The countryâs 400 richest were worth \$2.4tn this year and had an average net worth of \$6bn, both record highs. For the [23rd straight year](http://www.forbes.com/sites/kerryadolan/2016/10/04/inside-the-2016-forbes-400-facts-and-figures-about-americas-richest-people/#64c189b39730), the wealthiest person on the list was Microsoft founder Bill Gates. Gates gained \$5bn in the last year â his net worth has increased from \$76bn to \$81bn.
Amazonâs Jeff Bezos, too, gained ground: an additional \$20bn makes him the second-richest person on Earth, up from the fourth-richest last year. Entrepreneur Warren Buffettâs ranking dropped second to third, though his net worth went up from \$62 to \$65.5bn. [Mark Zuckerberg](https://www.theguardian.com/technology/mark-zuckerberg) also had a good 2015: the Facebook CEO made \$15.2bn between this list and the last, placing him in fourth place and knocking Oracle CEO Larry Ellison down to No 5. Former New York mayor Michael Bloombergâs \$6.4bn increase to \$45bn put him up at sixth place from eighth last year. Republican financiers the Koch brothers are tied for No 7: their personal fortunes grew by only \$1bn this year. Meanwhile, Pierre Omidyar, founder of the Intercept, was up \$100m to \$8.1bn, rising three places from \#57 to \#54.
Notable absences from the list included Elizabeth Holmes, the founder of the [biotech startup Theranos](https://www.theguardian.com/technology/2016/jul/08/theranos-elizabeth-holmes-banned-medical-lab), which is being investigated for fraud. Forbes [revised Holmesâs net worth to zero](http://www.forbes.com/sites/matthewherper/2016/06/01/from-4-5-billion-to-nothing-forbes-revises-estimated-net-worth-of-theranos-founder-elizabeth-holmes/#67b4d6392f29) from \$4.5bn after investigations into Theranosâs proprietary technologies suggested the company had falsely claimed a number of scientific breakthroughs.
Holmes isnât the only one with money troubles this year: among Trumpâs woes are uncertainties in the New York City real estate market, where demand for retail and office space has become less urgent, according to the magazine.
Trumpâs net worth has been a subject of much debate over the course of his presidential campaign, as his steadfast refusal to release his tax returns has kept most details of his financial dealings out of the public eye. The New York Times revealed last week that [Trump had declared a \$916m loss](https://www.theguardian.com/us-news/2016/oct/02/donald-trump-income-tax-returns-published) on his 1995 state tax returns; the partial returns provided to the Times by an anonymous source are the largest single disclosure of Trumpâs financial dealings.
Fortuneâs research into Trumpâs wealth has the advantage of 35 years of research on the man â the first time Forbes published an estimate of Trumpâs wealth was on its first-ever Forbes 400 in 1982, when he was worth a mere \$100m. Nowadays, young Trump wouldnât even make the list â the poorest person on the 400 is car dealership magnate Gail Miller, with \$1.7bn. Even adjusted for inflation, Trumpâs \$100m in 1982 is âonlyâ \$249m. | ||||||||||||||||||
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