President Trump falls more than 200 spots on Forbes Billionaires List

The Forbes 2018 Billionaires List is out — and it’s bad news for President Trump.

The president has dropped more than 200 spots since last year to No. 766 on the list, where he’s tied with more than 20 others. The magazine estimates his net worth at $3.1 billion, down from $3.5 billion last year.

Amazon founder and CEO Jeff Bezos topped the list for the first time ever this year, Forbes said.

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