Donald Trump’s net worth dropped by about $700m to $2.3bn (£1.65bn) during his time as president, according to the Bloomberg Billionaires Index.

The Covid-19 pandemic hit his fortunes hard, with Mr Trump’s office buildings, branded hotels and resorts losing revenue and falling in value.

His fleet of planes and golf courses have also seen drops in their value.

Mr Trump is currently under a criminal investigation into his financial affairs and his family business.