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Donald Trump is no longer on the Bloomberg Billionaires Index after his Truth Social stock took a nosedive.
Shares in Trump's company, Trump Media, have been steadily dropping, and have fallen to the lowest level since the company went public.
Trump's stake in the company was worth about $6 billion dollars when it debuted on the stock market.
On Tuesday it was worth about $3 billion dollars which is not enough to make the Bloomberg Billionaires list of the world's 500 richest people.