Trump tumbles more than 200 spots on Forbes list of richest people

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President Trump has dropped more than 200 spots on Forbes’s list of richest people in the world, now coming in at No. 766.

Trump was listed at No. 544 on the list last year, but Forbes estimates his net worth has fallen $400 million since then. Forbes estimates his current net worth to be $3.1 billion.

Amazon founder and CEO Jeff Bezos topped the list this year.

{mosads}Trump is tied for No. 766 with two dozen others, including Twitter co-founder and CEO Jack Dorsey.

In October, Trump dropped nearly 100 spots to be No. 248 on the Forbes list of the 400 richest Americans.

Forbes estimates that the hit to Trump’s worth comes largely from challenges in the New York real estate business, where half of his wealth is tied up.

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