Bezos lost the title of the second richest person in the world in favor of the Indian billionaire

It was to be expected.

Jeff Bezos lost the title of the second richest person in the world after Elon Musk, the leader of electric vehicles Tesla (TSLA) The CEO.

Founder and executive chairman of technology and online commerce giant Amazon (AMZN) dropped to No. 3 on Sept. 16 around 10:38 a.m. in New York, according to Bloomberg Billionaires Index.

At the time, Bezos had a fortune estimated at $145.8 billion, compared to $146.9 billion for Indian tycoon Gautam Adani, who ended the day with a fortune of $147 billion, consolidating his second place gain in the morning. Bezos is up a bit and is also worth an estimated $147 billion.

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