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from the fortunes-declining-like-many-other-americans dept.
AlterNet reports
Donald Trump has dropped 92 places in the Forbes list of wealthiest Americans, with the magazine putting his wealth at $3.1bn, down from $3.7bn last year.
[...] Forbes ranked the first billionaire president as the 248th wealthiest person in America. The year before, he was ranked 156th.
As a candidate, Trump said his net worth was more than $10bn, but Forbes pegged that figure at $4.5bn in September 2015. By Forbes' estimates, Trump's wealth has fallen 31% in two years.
According to Forbes' story:
It was another record year for the wealthiest people in America, as the price of admission to the country's most exclusive club jumped nearly 18% to $2 billion. Even at these new heights, entrepreneurs are breaking into the ranks for the first time as they mint fortunes in everything from telecom to booze to fishing. There were 22 newcomers, 14 of whom are self-made entrepreneurs. Among the most notable: Arizona iced tea cofounder Don Vultaggio; Netflix cofounder Reed Hastings; Tito Beveridge, the creator of Tito's Handmade Vodka; Chuck Bundrant, whose Trident Seafoods sells his fish to places like McDonald's and Burger King; and Rocco Commisso, founder of cable TV and broadband firm Mediacom and owner of the New York Cosmos, a soccer club based in Brooklyn.
The most notable loser was President Donald Trump, whose fortune fell $600 million to $3.1 billion. A tough New York real estate market, particularly for retail locations; a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president.
If you prefer, you can just go straight to the list [Edit - that requires JS from www.forbes.com and i.forbesimg.com, JS-phobes can get just the raw numbers here -- FP].
In November, some thought that having a successful businessman at the helm would cure USA's ills. I wonder if this will increase the incidence of buyer's remorse among voters.
(Score: 1, Informative) by Anonymous Coward on Thursday October 19 2017, @05:08PM (2 children)
I guess you are not superior when it comes to modesty. Somebody is channeling their inner Trump.
(Score: 2) by VLM on Thursday October 19 2017, @07:26PM (1 child)
I was pretty young in the Carter years, but what little I remember, and discussions after his term about him, imply he wasn't very modest about not being a crook, but I don't think that was his problem in being effective. Merely being himself with a little more modesty wouldn't have helped him.
In my case before I was in mgmt I was pretty successful and professional (at least at work) so I had roughly zilch experience with counseling / disciplining / fixing interpersonal problems at work. Who would act that stupid at work, I'd never do something that stupid as they can see, and shrug shoulders didn't work so well in low level mgmt. Rather than more humility about my better judgment, what worked more or less is some folks just need to be told how it is, a little stronger hand.
Now modesty was really a Clinton problem. I'm just a good ole boy to have a beer with, while everyone knows he's a bribe taking rapist. A little humility about being a dirtbag would have helped. Ms Clinton had a similar issue WRT I am a woman and its my time much like everyone gets out of the way of a 9-month pregnant woman because "its time" she thought the whole would would worship her presidential run merely because of her genitals, which ironically are not that rare or unusual being present in about half the population. Like trying to sell a pet rock to a skeptical population. Didn't work out so well, LOL, but a little humility might have helped her percentages a bit.
(Score: 2) by Phoenix666 on Thursday October 19 2017, @08:03PM
"a little humility might have helped her percentages a bit."
I disagree. A soul and total personality transplant could not have fixed that trainwreck of a candidate. You'd have to send somebody back in a time machine and undertake some serious temporal engineering to try and encourage a more positive development of Hillary Clinton. But, honestly, probably not even then.
Washington DC delenda est.