Trump's Office Towers Cause Net Worth to Slip

President Trump may be keeping his tax returns close to the vest, but Bloomberg thinks it has a handle on his net worth. 

Its latest Billionaires Index pegs it at $2.9 billion, down from $3 billion last year. The site chalks up the loss mainly to three under-performing office towers in New York City—40 Wall Street, Trump Tower, and 1290 Avenue of the Americas.

 Other aspects of Trump's business empire did better, but not enough to offset the loss in value of that trio. The $2.9 billion figure is not quite enough for Trump to crack the index's top 500 richest people in the world: It runs from Bill Gates at $89.5 billion to Evan Spiegel at $3.83 billion.

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