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Forbes: Donald Trump's net worth declines, Bill Gates still the richest American

The Forbes list of 400 richest Americans shows that US President Donald Trump saw his fortune fall by $600 million to $3.1 billion. 
 
As a result, he dropped to number 248 on the list, after coming in at 156 last year.
 
The magazine attributed his decline in wealth to a tough New York real estate market, a costly lawsuit and an expensive presidential campaign.
 
Overall, the richest Americans are richer than they were a year ago. 
 
In fact, it now takes a record $2 billion to make the cut of the richest 400 Americans. 
 
The magazine estimates there are 169 billionaires who were too "poor" to make the cut.
 
Bill Gates tops the list for the 24th straight year with a net worth estimated at $89 billion. 
 
Amazon founder and CEO Jeff Bezos, worth $81.5 billion, held on to the number two spot he first claimed in 2016. 
 
Warren Buffett, remains number three with a fortune worth $78 billion.
 


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