Trump just dropped more than 200 spots on Forbes’ Rich List. According to its 32nd annual Billionaires List, Trump is worth $3.1 billion and takes the 766th spot on this year’s list, which is a drop from #544 in 2017.
His net worth has taken a $400 hit since last year. Things like his midtown Manhattan real estate dropped in value and there’s a decline in revenue at his golf courses. And what exactly makes up Trump’s $3.1 billion?
The first is his NYC real estate, which takes up the biggest chunk and is worth $1.5 billion. His 40 Wall St. property is his most valuable at $395 million. Second is his golf clubs and resorts, which al valued at $560 million. He has several courses abroad but the majority are in the U.S. Trump’s non-NYC properties are worth around $500 million. His cash and personal assets take up another $290 million — things like his Trump Tower penthouse and his beachfront estate in St. Martin, in the West Indies. Finally, his brand businesses rake in another $180 million.
Although it seems like he has plenty of irons in the fire in terms of wealth, the Forbes list indicates that all of these ventures may be declining in value.