NEW YORK, NEW YORK - OCTOBER 3: Former U.S. President Donald Trump appears in the courtroom with his lawyers for his civil fraud trial at New York State Supreme Court on October 03, 2023 in New York City. Former President Trump may be forced to sell off his properties after Justice Arthur Engoron canceled his business certificates and ruled that he committed fraud for years while building his real estate empire after being sued by Attorney General Letitia James, who is seeking $250 million in damages. The trial will determine how much he and his companies will be penalized for the fraud. (Photo by Shannon Stapleton-Pool/Getty Images)
Former President Donald Trump is displeased with Forbes after the magazine dropped him from its list of the 400 richest Americans for the second time in three years.
In a Truth Social post on Monday, Trump asserted that the publication “lost most of its relevance long ago.”
“Took me off their Fake Forbes 400 list, just by a ‘whisker,’ even though they know that I should be high up on that now very dated and discredited ‘antique,'” he said. “For years Forbes has attacked me with really dumb writers assigned to hit me hard, and I am now up 60 Points on the Republicans, and beating Crooked Joe by a lot.”
According to the criteria set out by Forbes, Trump’s estimated $2.6 billion fortune came about $300 million short of the threshold for the list.
The news comes amid Trump’s civil fraud trial in New York, where a lawsuit filed by state Attorney General Letitia James (D) alleges that Trump inflated the value of his properties to defraud business partners. Last month, a judge ruled that Trump had committed fraud, and the trial has now moved on to the penalty phase, where James is seeking $250 million in restitution.
On Friday, Trump’s former controller testified that Eric Trump ordered him to inflate the values of properties on the company’s statement of financial condition.
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