Collectively, the 24 real estate tycoons on this year’s list are worth $122 billion, nearly $4 billion less than the 32 in real estate were worth in 2020.ĭespite the ongoing Covid-19 pandemic and the delay in workers returning to offices in many cities across the country, America’s real estate barons have gotten wealthier as their prized assets and diversified portfolios recovered from 2020 lows.
Five fellow New York real estate billionaires as well as Silicon Valley developers Richard Peery and John Arrillaga also dropped off The Forbes 400 list. The former president isn’t the only one to have fallen from the ranks in 2021. T he group of real estate tycoons on this year’s Forbes 400 list of richest Americans is as notable for those who didn’t make the cut as for those who did: Donald Trump, with an estimated net worth of $2.5 billion, fell short of the $2.9 billion cutoff to make it into the 400 richest Americans. Brynn Anderson/AP, Christian Petersen/Getty Images Donald Trump may have fallen off The Forbes 400 list of richest Americans this year, but his fellow real estate tycoons have boosted their wealth-both in hot markets (Palm Beach) and those still recovering (New York).