Political and Legislative

Trump rises as other billionaires dropped on Forbes

U.S. President Donald Trump’s personal fortune held steady over the past year, but he vaulted higher on the Forbes list of the richest people in the world as dozens of his fellow tycoons suffered financial setbacks.

Trump’s $3.1 billion net worth is unchanged from last year, Forbes said. Still, his real estate holdings held their value better than assets that make up the portfolios of a lot of other billionaires, boosting him 51 spots to 715th among the world’s 2,153 billionaires, said Luisa Kroll, Forbes Magazine assistant managing editor.

Read the source article at reuters.com

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