He is absent from the list for the first time in 25 years

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Former president Donald Trump failed to crack Forbes’ list of the 400 richest Americans for the first time in a quarter of a century.

Trump has been on the Forbes 400 every year since 1996, but, the magazine said, “If Trump is looking for someone to blame, he can start with himself.”

“Donald Trump is worth an estimated $2.5 billion, leaving him $400 million short of the cutoff to make this year’s Forbes 400 list of America’s richest people. The real estate mogul is just as wealthy as he was a year ago, when he stood at No. 339 on the ranking, but he is down $600 million since the start of the pandemic. Technology stocks, cryptocurrencies and other assets have thrived in the COVID era. But big-city properties—which make up the bulk of Trump’s fortune—have languished, knocking the former president out of the nation’s most-exclusive club,” said a writeup in the storied financial outlet.

Forbes added that five years ago, the real estate mogul-turned-politician had a “golden opportunity to diversify his fortune” as federal ethics officials were pushing him to divest his assets. He didn’t, and in the process, missed out on the chance “to reinvest the proceeds into broad-based index funds and assume office free of conflicts of interest.”

Jeff Bezos led the list this year, followed by Elon Musk, Mark Zuckerberg, Bill Gates and Larry Page.

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