--- title: Here's How Much Donald Trump's Net Worth Decreased Over the Past Year description: President Donald Trump's net worth fell $600 million due to a costly lawsuit and a downturn in real estate. His spot on Forbes 400 fell too. authors: - name: Rob Wile url: https://money.com/author/rob-wile/ at_money_since: 2017 articles: 191 covers: - Economy and Politics - Business - Career Advice - Education - Housing - Identity Theft - Insurance - Investing - Lifestyle - Personal Finance - Retirement - Shopping - Taxes - Technology social: - https://x.com/rjwile former_staff: true published: '2017-10-17T18:33:19.000Z' modified: '2024-04-17T07:04:04.000Z' section: Economy and Politics tags: - Billionaires - Donald Trump - richest - trump - Wealth word_count: 445 canonical: https://money.com/trump-net-worth-richest-americans-forbes-billionaires/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![President Trump, Conservative Leaders Address Value Voters Summit](https://img.money.com/2017/10/trumpforbeslist-em-860914240.jpg) *President Donald Trump speaks during the annual Family Research Council's Values Voter Summit on October 13, 2017.* President Donald Trump's net worth has fallen by $600 million over the past year, according to the *Forbes*, and his ranking in the magazine's newest list of the [400 Richest Americans](https://www.forbes.com/sites/forbespr/2017/10/17/forbes-releases-36th-annual-forbes-400-ranking-of-the-richest-americans/#6dd5a20f562f) has dropped significantly as well. Specifically, Trump has dropped 92 spots in *Forbes'* 36th annual "400" list. *Forbes* estimates that Trump is now worth $3.1 billion. That's down from [$3.7 billion one year ago](https://money.com/donald-trump-net-worth-falls/), and down from [$4.5 billion the year before](https://www.forbes.com/sites/jenniferwang/2016/09/28/the-definitive-look-at-donald-trumps-wealth-new/#3a7022c647a5) that. In other words, over the past two years, Trump's net worth has fallen nearly $1.5 billion, according to *Forbes*. The publication cites a downturn in New York City retail and office real estate, as well as updated information about his holdings, as the main reasons for the decrease in his wealth. Trump was ranked as the 121st richest American in [*Forbes'* 2015 list](https://www.forbes.com/sites/chasewithorn/2016/10/04/donald-trump-falls-35-spots-on-the-forbes-400/#145a0acd5848), dropping to 156th place on the 2016 list. He dropped to the 248th spot in this year's edition. "A tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign," all took a toll on Trump's finances in the past year, *Forbes* reported. The lawsuit referenced is the [$25 million settlement](https://time.com/4576543/donald-trump-university-lawsuit-settlement/) Trump agreed to pay over [fraud claims](https://time.com/4354855/donald-trump-trump-university-eric-schneiderman/) rising from [Trump University](https://money.com/trump-university-lawsuit/). [Forbes reports](https://www.forbes.com/donald-trump/#51b7f98f2899) that Trump's most valuable assets remain New York City real estate holdings at $1.6 billion, followed by his golf course and resort properties valued at $570 million, and then non-New York real estate at $500 million. Bloomberg [estimates](https://www.bloomberg.com/news/articles/2017-06-21/trump-s-net-worth-slips-to-2-9-billion-as-towers-underperform) a slightly lower ranking of Trump's net worth — $2.8 billion, based on "figures compiled from lenders, mortgage documents, annual reports, market data and a new financial disclosure [released June 16](https://www.bloomberg.com/politics/articles/2017-06-17/trump-reveals-flat-revenue-at-controversial-washington-hotel "Trump Reveals Flat Revenue at Washington Hotel Post Election (1)")." The new *Forbes* report also reveals the bar has never been set higher for being ranked among the 400 richest Americans. "A record 169 billionaires did not make the cut this year, falling short of the $2 billion minimum needed to make the list," the report says. (The *bottom* 12 of the top 400 all tied at $2 billion). Meanwhile, Bill Gates placed first on *Forbes'* list for the 24th consecutive year, with a current net worth of $89 billion. But this may be his last year atop the mountain, as Amazon’s Jeff Bezos, worth $81.5 billion, was again in the No. 2 spot for the second consecutive year and briefly vaulted Gates earlier this year. Warren Buffett ($78 billion), Mark Zuckerberg ($71 billion), and Larry Ellison ($59 billion) round out the top 5. When he was running for president, Donald Trump claimed he was [worth at least $10 billion](https://money.com/donald-trump-net-worth/). But outlets like *Forbes* and Bloomberg estimated his wealth at $3 billion to $4.5 billion at the time. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/trump-net-worth-richest-americans-forbes-billionaires/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Economy and Politics", "item": "https://money.com/economy-and-politics/" }, { "@type": "ListItem", "position": 3, "name": "Wealth", "item": "https://money.com/wealth/" }, { "@type": "ListItem", "position": 4, "name": "Here's How Much Donald Trump's Net Worth Decreased Over the Past Year" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/trump-net-worth-richest-americans-forbes-billionaires/#webpage", "url": "https://money.com/trump-net-worth-richest-americans-forbes-billionaires/", "name": "Here's How Much Donald Trump's Net Worth Decreased Over the Past Year", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2017-10-17T18:33:19.000Z", "mainEntity": { "@id": "https://money.com/trump-net-worth-richest-americans-forbes-billionaires/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/trump-net-worth-richest-americans-forbes-billionaires/#breadcrumb" }, "dateModified": "2024-04-17T07:04:04.000Z" }, { "@type": "Article", "headline": "Here's How Much Donald Trump's Net Worth Decreased Over the Past Year", "articleSection": "Economy and Politics", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2017/10/trumpforbeslist-em-860914240.jpg", "width": 3000, "height": 2077, "caption": "President Trump, Conservative Leaders Address Value Voters Summit" } ], "author": [ { "@type": "Person", "name": "Rob Wile", "url": "https://money.com/author/rob-wile/", "@id": "https://money.com/author/rob-wile/#author", "sameAs": [ "https://x.com/rjwile" ] } ], "publisher": "https://money.com/#organization", "datePublished": "2017-10-17T18:33:19.000Z", "description": "President Donald Trump's net worth fell $600 million due to a costly lawsuit and a downturn in real estate. 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