Donald Trump’s record as the wealthiest person ever elected president may be broken next year—by Donald Trump himself.

Trump has become significantly wealthier since leaving the White House, according to an analysis by Bloomberg. At the same time, he is less indebted than he has been in many years.

The Bloomberg Billionaire Index estimates Trump’s fortune now stands at $3.1 billion, up $500 million from 2021. That is higher than the $3 billion Bloomberg estimated in 2016.

The Bloomberg estimates suggest that far from enriching himself as president, Trump suffered significant economic setbacks as part of his public service. Bloomberg’s estimate of Trump’s fortune fell to $2.5 billion in 2020.