Donald Trump is no longer one of Forbes' 400 richest people in America

Former President Donald Trump has been knocked off Forbes Magazine’s latest list of 400 richest people in America, an exclusive group he has been a part of for more than two decades. In the latest episode of The Point, CNN’s Chris Cillizza discusses Trump’s history of lying about his net worth and what this new public blow to his wealth status likely means to the man who famously claims “I’m really rich.”

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About me:
I was named "best dressed" in 7th grade. That, along with being CNN's editor at large and author of the daily "Point" newsletter are my proudest achievements. Look for me here every Tuesday and Thursday to find out what’s really going down in politics.

CREDITS
Writer: Chris Cillizza
Producer: Moira Donohue
The Point Editor: Leigh Munsil
Video Editor: Steven Sevilla

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[cfwin]

I don’t think Bill Gates, that Amazon guy, and all other real rich people have to tell people “I am really rich”.

[DannyBPlays]

This guy lied to Forbes since the 70s and 80s about his wealth, I doubt he ever had a billion

[ITGuy]

He's never been one of the 400 richest in reality and most sane people have known this since forever.

[solara]

😅So has he “cursed out” Forbes yet, or called them “FAKE Forbes”?

If not, it’s coming!!

[Dragoninja]

No one really knows how Rich or Poor Trump is. After all he kept 2 sets of Books (Accounting Records) for his Business (Trump Organization).

[jackmakackov]

7 bankruptcies means you are not and were never one of the 400 richest people.

[kellyredman]

He was never rich unless you count the time his Dad left him that huge inheritance that he squandered. Since then he lives off the grift and massive amounts of debt.

[JuICyBLiinGeR]

He was never rich. It was always his ego.

Still confuses me why he’s allowed to have news stories about him instead of him being jailed or someone getting sweet revenge.

[tenkloosterherman]

He never mentioned the amounts of money he owes to Deutsche Bank and several russian banks. Probably exceeds his "wealth".

[buicia]

Just imagine if he still has his Twitter acct, he’ll be ranting for days about being off the list.

[paulg]

one thing's for sure - he's morally bankrupt

[ianreed]

Trump since 2016-"I can't release my taxes because I'm being audited."
SDNY-"We have your taxes and they show you've been a liar, a fraud and a thief your whole life."

[adriancozad]

If he was that Rich...his Taxes would prove it...show them!

[mehere]

people with $200 billion don't pay $750 in tax in a year! Forbes has lost the plot!
PLENTY of people have questioned if he has ANY money at all - for good reason!

[island-hobo]

He’s probably demanding a recount on his money.. 😄

[michaelramon]

As a general rule, if you consistently get out of paying taxes by telling the government you've lost more money than you have made, you don't belong on the Forbes 400.

[jeffplamenig]

He's only rich in the lies he tells now.

[carissahowell]

Was he ever? Seriously.
The guy was never "rich". He simply had a marketable name and that was the extent.
Successful business people do not need to file Chapter 11 bankruptcy multiple times...

[rob-time]

DT thinks that if he puts his name on a building (which is really owned by someone else, he just leases his name to the structure), he believes that he owns it and therefore includes said buildings as his assets. Yes, he is THAT delusional!

[eliassalcedo]

No wonder he is Grifting from his cult following so hard. Hard times call for extreme measures.