There’s a lot of FAKE NEWS getting thrown at the president these days, if he doesn’t say so himself. (Which he does, over and over again.) And if Russian collusion helping make him president and bogus polls showing him to be the least popular president ever after two months in office weren’t enough, noted liberal rag Forbes magazine and its pinko editor-in-chief is throwing its own shade at President Trump, calculating that Making America Great Again has cost the Tweeter-in-chief $200 million.
Forbes estimates that the president is worth $3.5 billion -- $200 million poorer today than he was before the election and 220 spots lower, to number 544, on our worldwide rankings.
That’s a far cry from the TEN BILLION DOLLARS candidate Trump proclaimed himself to be worth, and even from the $4.5 billionForbes pegged it at in the campaign’s early days. Worse still, enemies like Bill Gates, Jeff Bezos, Warren Buffett and Michael Bloomberg are much, much higher on the list than him, on account of their making rather than losing money—all of it thanks to him, of course!
Bill Gates is the number one richest for the fourth year in a row, and the richest person in the world for 18 out of the past 23 years. He has a fortune of $86 billion, up from $75 billion last year. Amazon’s Jeff Bezos had the best year of any person on the planet, adding $27.6 billion to his fortune; now worth $72.8 billion, he moved into the top three in the world for the first time, up from number five a year ago.
Warren Buffett had the second-best year, and the biggest gain since Donald Trump was elected president in November 2016.
John Paulson remains one of the hedge fund world’s richest billionaires, but he is a lot less rich than he used to be. He had another down year in 2016 as his merger strategies fell sharply due to a major holding in pharmaceutical stocks like Mylan, Allergan and Teva Pharmaceuticals. Paulson saw his net worth drop by nearly $2 billion in the last year to $7.9 billion.