Tag Archives: Forbes

Posted to Trump’s Truth Social account: I hereby demand a full apology from the failing Forbes Magazine, and their third rate psycho writer, Dan Alexander, for the many false and libelous articles they have written about me, and for the cooperation they have given to the Racist and Incompetent A.G. of New York State, Peekaboo James. You see, Forbes is …

Forbes responds to Trump’s latest tirade: Removed from The Forbes 400, Trump responds as he always has—by lying about his net worth and saying he should be higher on the list. We take extraordinary care in valuing his fortune, and our ownership—which does not include China’s wealth fund—plays no role in that effort. Twice a year, we publish a detailed …

Forbes reports: Donald Trump is no longer rich enough for the country’s most exclusive club. With an estimated $2.6 billion fortune, he is $300 million shy of the cutoff for The Forbes 400 ranking of America’s richest people, the annual measurement that Trump has obsessed over for decades, relentlessly lying to reporters to try to vault himself higher on the …

Forbes reports: The former president’s fortune dropped from an estimated $3.2 billion last fall to $2.5 billion today. The biggest reason? His social media business, once hyped to the moon, has come crashing down, erasing $550 million from his net worth—so far. In December 2021, a group of big-money investors promised to inject $1 billion in cash into the venture—but …

The Daily Beast reports: Elon Musk lost the title of world’s richest person on Wednesday, according to Forbes’ billionaire rankings. The Tesla CEO lost $3.4 billion of his net worth overnight as the electric car company’s stock plummetted. So far this year, Musk has lost more than $100 billion to the carmaker’s tanking stock, though previous losses didn’t affect his …

Forbes reports: From the time he entered the White House in January 2017 to his departure a few months ago, Donald Trump’s fortune fell by nearly a third, from $3.5 billion to $2.4 billion. The S&P 500, meanwhile, increased 70%. By refusing to divest his portfolio upon taking office, Trump bogged down his presidency with ethics issues for years, while …

“I’ll be working on designs and looking at references from 3,000 years ago and reading the Old Testament at the same time. So it’s like a soundtrack to the visuals of the shapes and the ideas and ideals of what we’re creating. A lot of my creative friends, I tell them like the Bible is better than Pinterest. You can …

Forbes reports: Jay-Z has accumulated a fortune that conservatively totals $1 billion, making him one of only a handful of entertainers to become a billionaire—and the first hip-hop artist to do so. Jay-Z’s steadily growing kingdom is expansive, encompassing liquor, art, real estate (homes in Los Angeles, the Hamptons, Tribeca) and stakes in companies like Uber. To calculate his net …

The CBC reports: Jonathan Greenberg knew Donald Trump was lying to him when he placed him on the Forbes list of America’s richest people, but he didn’t know the magnitude of Trump’s lies until this week. The Times report shows Trump suffered massive losses, a total of $1.17 billion US from 1985 to 1994. Through five of those years, Forbes …

Forbes reports: Capitalism is taking some lumps—and not just in the headlines. For only the second year in a decade, both the number of billionaires and their total wealth shrank, proving that even the wealthiest are not immune to economic forces and weak stock markets. By our latest count there are 2,153 billionaires, 55 fewer than a year ago. Of …

CNBC reports: President Donald Trump, who has long bragged about his success and wealth, has dropped more than 100 spots on Forbes’ list of the wealthiest people in the United States. Trump’s net worth has dropped from $4.5 billion in 2015 to $3.1 billion in the last two years, Forbes reported. The magazine also said that the drop has knocked …

Jonathan Greenblatt writes for the Washington Post: In May 1984, an official from the Trump Organization called to tell me how rich Donald J. Trump was. I was reporting for the Forbes 400, the magazine’s annual ranking of America’s richest people, for the third year. In the previous edition, we’d valued Trump’s holdings at $200 million, only one-fifth of what …

Forbes reports: One year after taking office, President Donald Trump’s fortune is down an estimated $400 million to $3.1 billion on the latest Forbes World’s Billionaires list. What caused the year-over-year decline? Markets are partially to blame—retail real estate in New York City continues to struggle—but the president’s polarizing personality is costing him business as well. The value of Trump’s …

Buzzfeed News reports: The striking similarity between a newly-released Treasury Department report of Russian oligarchs and a 2017 list of wealthy Russians published in Forbes Magazine is no coincidence. On Tuesday, a Treasury Department spokesperson confirmed to BuzzFeed News that the unclassified annex of the report was derived from Forbes’ ranking of the “200 richest businessmen in Russia 2017.” The …

Mother Jones reports that in 2009 when porn star Stormy Daniels was considering a challenge to then-Sen. David Vitter, consultants were provided a list of prospective donors to her campaign. Let’s pick up the story near the end: This email was sent to Andrea Dubé, a Democratic political consultant based in New Orleans. In response, Dubé expressed surprise that Daniels …

Forbes reports: A tough New York real estate market, a costly lawsuit and an expensive presidential campaign all contributed to the declining fortune of the 45th president. After months of digging through financial disclosures and public property records and conducting dozens of interviews, Forbes now estimates POTUS’ net worth at $3.1 billion, down from $3.7 billion a year ago. He …

FAKE NEWS! The BBC reports: Microsoft founder Bill Gates again tops Forbes’ list of the world’s richest people, in a year when the number of billionaires rose 13% to 2,043. According to the magazine’s annual rich list, Mr Gates’ fortune rose to $86bn, from $75bn, followed by investor Warren Buffett, up $14.8bn to $75.6bn. It was bad news for US …

1. Vladimir Putin, President of Russia 2. Barack Obama, President of the US 3. Xi Jinping, President of China 4. Pope Francis, Head of the Roman Catholic Church 5. Angela Merkel, Chancellor of Germany 6. Janet Yellen, Chair, Federal Reserve System 7. Bill Gates, Co-chair, Gates Foundation 8. Mario Draghi, President of European Central Bank 9. Sergey Brin and Larry Page, Google 10. David Cameron, UK Prime …

Forbes reports that seven of the world’s billionaires are openly LGBT. With a combined net worth of nearly $16 billion, the select group of LGBT ten-figure fortunes includes media mogul David Geffen, PayPal cofounder Peter Thiel and Hyatt hotel beneficiary Jennifer Pritzker, one of the Pritzker family’s 11 billionaires. In August 2013, Jennifer became the first and only transgender billionaire …

The Daily News reports: The leader of the free world is playing second fiddle to Vladimir Putin. The Russian autocrat knocked President Obama off the top spot in Forbes’ fifth annual ranking of “The World’s Most Powerful People.” Putin got the honor by outfoxing Obama by granting asylum to National Security Agency leaker Edward Snowden, who has been spilling U.S. …