Trump Regains a Spot in ‘Forbes 400’ Wealth Ranking; Mark Zuckerberg Plummets Down List Amid Cataclysmic Losses

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A familiar name returned to the ranks of the “Forbes 400,” this year, but the pinnacle of the list saw one long-running name take a dive.

The list was topped by Tesla CEO Elon Musk, whose estimated net worth of $251 billion made him not only the richest American, according to Forbes, but the top name on its list of global billionaires.

Former President Donald Trump was ranked as America’s 343rd richest person, according to Forbes.

Trump, who had fallen off the 2021 list, has an estimated net worth of $3.2 billion, forbes reported to Forbes.

The catalyst for Trump’s return was his creation of the Trump Media and Technology Group, the company behind the social media platform Truth Social.

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Forbes estimated that Trump’s investment in that venture is worth $730 million.

But as the tech sector giveth, the tech sector taketh away.

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Facebook founder Mark Zuckerberg dropped out of the list of America’s 10 richest people for the first time since 2015, according to Forbes.

“No one in America has lost as much money over the past year as Zuckerberg,” Forbes wrote.

Forbes estimated that the 57-percent drop in the value of Meta’s stock was a key factor in Zuckerberg losing $76.8 billion over the past year.

Zuckerberg is a long way from the poorhouse, with an estimated net worth of $57.7 billion, which placed him 11th on the list. He was third on the list last year.

A privacy policy update from Apple that limits tracking has caused ripples in the tech sector that led to Meta reporting its first-ever decline in advertising revenue this summer.

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Trump Regains a Spot in ‘Forbes 400’ Wealth Ranking; Mark Zuckerberg…
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