Donald Trump's net worth sinks on Forbes list

According to Forbes’s list of the world’s billionaires, President Donald Trump’s net worth has decreased by $1 billion since last year. Last year, Trump was placed 336 on the list, while having an estimated $4.5 billion net worth. This year, the President ranks at 554, with a net worth of $3.5 billion. Trump is the first billionaire President of the United States and "the business that made him rich remains intact,” Forbes has stated.