Donald Trump was removed from Bloomberg's list of the top 500 billionaires after the stock price of his Truth Social platform plunged. On Tuesday, Trump was no longer on the billionaire list, which ranked people by net worth. Truth Social parent company stock fell over 12% on Friday and 8% on Monday. The stock with ticker "DJT" has fallen over 50% from its peak last month, dipping below $35.50 on Tuesday since it began trading on March 26th. Trump owns approximately 60% of Trump Media with 78.75 million shares and his stake's value dropped from around $6 billion to about $3 billion as of Tuesday.