Former US President Donald Trump fell off the list for the first time in 25 years, according to the 2021 US 400 Rich list released by Forbes on Tuesday.
Forbes estimates that Mr Trump's net worth fell by about $600m to $2.5 billion during the outbreak as a result of the depreciation of real estate in big US cities-Mr Trump's core asset. By comparison, Warren Stephens, the last Arkansas investment banker on the Forbes list, has a net worth of $2.9 billion.
Trump was on the Forbes 400 list for seven consecutive years from 1982 to 1989, and then for 25 consecutive years from 1996 to 2020.
He ranked 339th in 2020 and 275th in 2019.
According to the latest Forbes rich list, Amazon.Com IncFounder Jeff Bezos has an estimated net worth of $177 billion, topping the list for the fourth year in a row.
Tesla, Inc. is also in the top five.And Elon Musk, CEO of SpaceX ($151 billion); Bernard Arnault, chairman of French luxury giant LVMH ($150 billion); Microsoft CorpCo-founder Bill Gates ($124 billion); Facebook IncFounder Mark Zuckerberg ($97 billion).
Except for Berkshire Hathaway.In addition to the company's chairman Warren Buffett, nine of the top ten richest people on the Forbes list have founded or led a large technology company.