09/29/2015 10:32 AM EDT. First published on October 17, 2017 / 5:27 PM. RELATED Forbes: Donald Trump's net worth drops $600 million. So why did the Democrats avoid a symbolic vote on marijuana legalization this week? Senior editor at Forbes, covering Donald Trump's business. 'This is the same guy who said inject bleach,' Biden said of Trump, noting low public confidence in the Trump administration to put out a vaccine. Historical and current end-of-day data provided by FACTSET. I mean, I look better if I’m worth $10 billion than if I’m worth $4 billion.”. co-founder and philanthropist Bill Gates with a net worth of $76 billion, Billionaire investor Warren Buffett at $62 billion, and tech mogul Larry Ellison at $47.5 billion lead the magazine’s wealth list. That's a major drop from the 2015 billionaires list, which put his wealth at $4.5 billion. What happens if the president doesn't accept the election results? The historian who is known affectionately as the granddaddy of presidential prediction models says Democratic presumptive nominee Joe Biden is a shoo-in to win the 2020 presidential race. NEW YORK, NY - JUNE 16: Business mogul Donald Trump gives a speech as he announces his candidacy for... [+] the U.S. presidency at Trump Tower on June 16, 2015 in New York City. Yes, Donald Trump Is Still A Billionaire. Capitol Report Forbes gave Donald Trump’s net worth a $5.5 billion haircut Published: Sept. 30, 2015 at 9:56 a.m. President Donald Trump's ranking in the Forbes list of wealthiest Americans has dropped, as the magazine said the value of some of his Manhattan real estate holdings has declined recently. A call to a Trump spokesman late Tuesday wasn’t immediately returned. I don’t look good, to be honest. In July, Trump put out a press release claiming that his net worth is "in excess of TEN BILLION DOLLARS." -0.08% Trump claims nearly $300 million here; we don't give properties full build-out value until they're actually fully built and running. Powered and implemented by FactSet. He is also a survivor: having gone through a corporate bankruptcy that, according to our research left his personal net worth in the red in the 1990s, Trump clawed himself back to enormous wealth. Good luck with that. All Rights Reserved. The richest president in history is believed to be Donald Trump, who is often considered the first billionaire president. That is all I’m gonna say.”. Trump attacks Forbes for saying his net worth is actually $4.5 billion. President Trump was arguably right when he said that Oracle is a “great company,” but his statement that it’s owner is a “tremendous guy, a tremendous person” may well have more to do with Larry Ellison’s political and financial support than any objective evaluation of Ellison himself. Powered and implemented by Interactive Data Managed Solutions. “I’m running for president,” Trump told the magazine in an interview that it says lasted almost two hours. Donald Trump became the first billionaire president of the United States in January 2017. He got his start working for his father, Fred, who developed low-cost housing in Brooklyn and Queens. That’s all I’m gonna say. Campaign exaggerations are as much a part of politics as kissing babies. FORTUNE may receive compensation for some links to products and services on this website. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. / CBS/AP. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Ivanka Trump has likely amassed similar riches from her work at the Trump Organization but is worth … Former Forbes reporter Jonathan Greenberg said in 2018 that during the 1980s Trump had deceived him about his actual net worth and his share of the family assets in order to appear on the list. Donald Trump‘s net worth recently dropped $1 billion amid the novel coronavirus pandemic, according to a Forbes assessment this month of the president’s businesses. One thing not in doubt: He remains very rich. I’ve done an amazing job," said Trump at his circus-like announcement, before referencing his autobiography. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell My Info | Ad Choices