President Donald Trump’s wealth saw a major drop in the last year, mainly because some of his properties decreased in value. American business magazine Forbes says Trump’s net worth fell $600 million to $3.1 billion over the past 12 months. His net worth was estimated at $3.7 billion a year ago. Each year Forbes puts together a list of the 400 richest Americans. This year, Trump was number 248 on the list, down from 156 in 2016. According to Forbes, much of Trump’s wealth comes from a group of New York City luxury buildings in and around Manhattan. The magazine said property values in the area have dropped recently.
Title: Trump’s Wealth Suffers Major Drop Since Presidency
Content: <div id='article-page'><div id='article-content' data-media-url='//news-app-staging.s3.amazonaws.com' data-base-url='//news-app-staging.herokuapp.com' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/trump_wealth.m4a' data-capture-url='//staging.analytics.lingraphica.com/events/capture_news' data-article-title='Trumps Wealth Suffers Major Drop Since Presidency' data-article-id='2689'><script src='//news-app-staging.herokuapp.com/javascripts/getscripts.js'></script><link rel='stylesheet' href='//news-app-staging.herokuapp.com/stylesheets/article.css' type='text/css' /><div class='article'><p><span data-start-time='0' data-end-time='12729'>President Donald Trump’s wealth saw a major drop in the last year, mainly because some of his properties decreased in value.</span> <span data-start-time='12729' data-end-time='28542'>American business magazine Forbes says Trump’s net worth fell $600 million to $3.1 billion over the past 12 months.</span> <span data-start-time='28542' data-end-time='36208'>His net worth was estimated at $3.7 billion a year ago.</span> <span data-start-time='36208' data-end-time='44438'>Each year Forbes puts together a list of the 400 richest Americans.</span> <span data-start-time='44438' data-end-time='56229'>This year, Trump was number 248 on the list, down from 156 in 2016.</span> <span data-start-time='56229' data-end-time='69646'>According to Forbes, much of Trump’s wealth comes from a group of New York City luxury buildings in and around Manhattan.</span> <span data-start-time='69646' data-end-time='76479'>The magazine said property values in the area have dropped recently.</span> </p></div><div class='control-buttons-sticky' style='display:none;'><div class='control-buttons'><button title='Back' class='back' disabled='disabled'></button><button title='Play' class='play' disabled='disabled'></button><button title='Pause' class='pause' style='display:none;'></button><button title='Forward' class='forward' disabled='disabled'></button><button class='finished-reading' style='display:none;'>Done</button></div></div></div><div id='article-media'><div id='media-image'><img src='https://news-app-production.s3.amazonaws.com/articles/2172/trump_wealth.jpg'/></div></div><div id='question-content' style='display:none;'><div class='vocabulary_question question-container' data-question-id=9570 data-hint-location='12729' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/what_does_net_worth_mean.m4a'>What does net worth mean?</div><div class='choices' data-correct-choice='assets minus liabilities'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/virtual_cash_value.m4a'><span>virtual cash value</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/economic_increase.m4a'><span>economic increase</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/assets_minus_liabilities.m4a'><span>assets minus liabilities</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/cost_of_doing_business.m4a'><span>cost of doing business</span></div></div></div><div class='multiple_choice_question question-container' data-question-id=9571 data-hint-location='56229' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/what_is_the_source_of_his_wealth.m4a'>What is the source of his wealth?</div><div class='choices' data-correct-choice='luxury buildings'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/branding_deals.m4a'><span>branding deals</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/luxury_buildings.m4a'><span>luxury buildings</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/private_planes.m4a'><span>private planes</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/golf_resorts.m4a'><span>golf resorts</span></div></div></div><div class='sentence_completion_question question-container' data-question-id=9572 data-hint-location='0' style='display:none;'><div class='question' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/his_wealth_saw_a__blank_.m4a'>His wealth saw a <span class='blank'>major drop</span>.</div><div class='choices' data-correct-choice='major drop'><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/steady_pace.m4a'><span>steady pace</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/major_drop.m4a'><span>major drop</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/missed_opportunity.m4a'><span>missed opportunity</span></div><div class='choice' data-sound-name='https://news-app-production.s3.amazonaws.com/articles/2172/significant_increase.m4a'><span>significant increase</span></div></div></div><div class='question-buttons'><button class='skip-button'></button><button class='hint-button'></button><button class='speak-button'></button></div></div></div>
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