Republican presidential hopeful Donald Trump, who has been slipping in new choosing polls, has mislaid belligerent in another magnitude of success — his ranking on a annual Forbes 400 list of wealthiest Americans.
Trump’s net value was pegged during $3.7 billion, an $800 million decrease from final year, according to Forbes. The genuine estate developer and presidential candidate’s ranking fell 35 spots to No. 156 on a gilded list, expelled Tuesday.
Meanwhile, sidestep account manager Ken Griffin defended his pretension as Illinois’ richest man, with a net value of $7.5 billion, a $500 million boost over final year. Griffin changed adult 12 slots to arrange 57th on a list.
Overall, a abounding got richer this year, with a Forbes 400 representing a record-breaking total net value of $2.4 trillion. Microsoft co-founder Bill Gates defended a tip mark for a 23rd uninterrupted year with a net value of $81 billion. Amazon owners and CEO Jeff Bezos, who also owns The Washington Post, changed past Warren Buffett for a No. 2 container with a net value of $67 billion, adult $20 billion from final year. Facebook owners and CEO Mark Zuckerberg ranked No. 4 with a net value of $55.5 billion, enormous a tip 5 for a initial time.
Forbes pronounced a softening of a New York genuine estate marketplace contributed to Trump’s decline. The value of Trump Tower in Chicago also declined, dropping $39 million, to $169 million. The skill carries $50 million in debt, according to Forbes.
In Illinois, genuine estate financier and former Tribune Co. owners Sam Zell ranked No. 117 with a net value of $4.7 billion, down $200 million from final year. Other Illinoisans on a list are J.B. Pritzker during $3.4 billion (No. 190), Neil Bluhm during $3.2 billion (No. 204) and Thomas Pritzker during $3.1 billion (No. 214). Beanie Babies creator Ty Warner, who was convicted of taxation semblance in 2013 and paid a $53 million fine, had a net value of $2.5 billion (No. 274), adult $200 million over final year.
Trump, who claims his possess net value to be $10 billion, can take some satisfaction in a latest Forbes 400 list, a publication’s 35th annual resources ranking. He’s still ranked above arch billionaire existence uncover opposition and domestic tormentor Mark Cuban, whose net value came in during $3.2 billion (No. 204).
The finish Forbes 400 list can be found during www.forbes.com/400.
rchannick@chicagotribune.com
Twitter @RobertChannick
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