US President Donald Trump has been dropped from Forbes list of 400 richest Americans for the first time in 25 years as his personal net wealth has declined by $600 million this year.

Trump was ranked 339 on the list last year but with a net worth of $2.5 billion this year, he fell $400 million short of the minimum required to make it to the top 400.

According to Forbes the value of the 75-year-old former US President’s real estate assets has declined during the pandemic as a result of which he failed to make it to the America’s rich list this year.