Because Trump's Truth Social stock price dropped so much, he is no longer included in Bloomberg's Billionaires Index.  

The stock price of Trump Media has been falling recently. And so has the wealth of Donald Trump. 

Following a precipitous decline in the stock price of Trump Media, the parent company of the former president's social media platform Truth Social, 

Trump was removed off the Bloomberg Billionaires Index, a daily rating of the 500 wealthiest individuals in the world. 

Friday saw a 12% drop in shares and Monday saw an 8% drop. The stock price has fallen more than 50% from its late-March high, 

but it recovered Tuesday to end the day up0.8%, at $37.47, after falling as much as 4.8%.   

Since Trump Media merged with the public shell firm Digital World Acquisition Corp.   

and began trading under the symbol DJT on March 26, the stock had never fallen below $35.50 until Tuesday.   

The stock price of Trump Media has been falling recently. And so has the wealth of Donald Trump.    

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