Bill Gates world’s richest man with a fortune of $86billion but Donald Trump falls 220 places as net worth is cut by a billion

Bill Gates Microsoft co-founder has once again topped the Forbes magazine list of the world’s richest billionaires with an estimated wealth at $86 billion while US President Donald Trump has slipped more than 200 places to 544.

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Forbes attributed Trump´s drop to sluggishness in the real estate market in Manhattan which is responsible for a disproportionate amount of his wealth.

“Forty percent of Donald Trump´s fortune is tied up in Trump Tower and eight buildings within one mile of it,” Forbes said. “Lately, the neighborhood has been struggling.

Gates was followed in second place by Berkshire Hathaway chief Warren Buffett with an estimated wealth of $75.6billion.

The third spot went to Jeff Bezos, Amazon founder with a net worth of $72.8billion.

It took at least $3.7 billion in wealth to make it onto the list with the total worth of the names on the list was about $7.67trillion or about 46 per cent of the US’ GDP.

Check out the top 20 richest billionaires below…

1. Bill Gates, Microsoft co-founder: $86billion

2. Warren Buffett, Berkshire Hathaway CEO: $75.6billion

3. Jeff Bezos, Amazon CEO: $72.8billion

4. Amancio Ortega, Inditex fashion group founder: $71.3billion

5. Mark Zuckerberg, Facebook CEO: $56billion

6. Carlos Slim, Mexican telecom mogul: $54.5billion

7.  Larry Ellison, Oracle co-founder: $52.2billion

8. Charles Koch, Koch Industries CEO and chairman: $48.3billion

9. David Koch, Koch Industries CEO and chairman: $48.3billion

10. Michael Bloomberg, Bloomberg co-founder: $47.5billion

11. Bernard Arnault, LVMH CEO: $41.5billion

12. Larry Page, Google co-founder and Alphabet CEO: $40.7billion

13. Sergey Brin, Google co-founder and Alphabet president: $39.8billion

14. Liliane Bettencourt, L’Oréal heiress: $39.5billion

15. S. Robson Walton, Wal-Mart heir: $34.1billion

16. Jim Walton, Wal-Mart heir: $34billion

17. Alice Walton, Wal-Mart heiress: $33.8billion

18. Wang Jianlin, Dalian Wanda Commercial Property chairman: $31.3billion

19. Li Ka-shing, Cheung Kong Holdings CEO: $31.2billion

20. Sheldon Adelson,Las Vegas Sands Corporation CEO: $30.4billion

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