Donald Trump took a tumble on Forbes list of the wealthiest Americans based on net worth.
He fell 92 spots to number 248 as his fortune dropped $600 million to an estimated net worth of $3.1 billion, according to Forbes, which published the latest list on Tuesday. The drop puts Trump in a tie with 27-year-old Evan Spiegel, the co-founder of Snapchat.
In 2016, Trump was number 156 on the list with a net worth of $3.7 billion.
Forbes said it calculated Trump's net worth by going through financial disclosure documents, public property records and conducting interviews with several individuals to estimate his net worth.
Trump has claimed that he's worth $10 billion, but he's declined to release his personal tax records. (Read More: CNN Money)