AP Photo/Evan Vucci
- Donald Trump has fallen off Bloomberg's list of the world's 500 wealthiest people.
- The former president briefly ranked in the top 300 due to his stake in Truth Social's owner.
- TMTG stock has plunged 53% from its intraday peak two weeks ago, slashing Trump's net worth.
Donald Trump has crashed out of the ranks of the world's 500 wealthiest people after the value of his meme stock nosedived.
The former president has fallen off the Bloomberg Billionaires Index as his net worth has dropped below the $5.8 billion required to make the cut. Forbes' rich list pegs Trump's total wealth at $4.8 billion, ranking him 659th in the world.