President Trump spent the last year getting richer than 51 more billionaires — sort of.
This year's Forbes billionaires list shows Trump up 51 spots from last year, going from the 766th richest person in the word to the 751th. But his net worth of $3.1 billion actually remained flat, and some of his star properties actually saw losses, Forbes explains.
Trump Tower in Manhattan — the symbolic heart of Trump's presidency — and the nearby 6 E. 57th St. lost a combined $64 million from 2017, Forbes notes. Trump's highest-grossing golf property in Miami also saw an estimated $26 million loss. But he retains a 30 percent stake in two buildings, one in California and one in New York, that went up about $160 million in value in the past year. Trump also sold an estimated $35 million in real estate, Forbes says, while those 51 billionaires ahead of him lost money.
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It's been a far more successful year for Trump's enemy No. 1 Jeff Bezos. The Amazon founder added $19 billion to his net worth from last year, preserving his top spot on the Forbes list with $131 billion. Michael Bloomberg, who's considering challenging Trump for his job, added $5.5 billion to his net worth and jumped two spots to No. 9.
Meanwhile, Facebook CEO Mark Zuckerberg's net worth plummeted by $8.7 billion from last year, dropping him three spots to No. 8 on the Forbes list. The loss comes after a rough year for Facebook, as Zuckerberg saw both stock values and trust in the company fall. Check out the whole billionaires list at Forbes.
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