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Warren Buffett slips to 4th-richest person amid Wells Fargo scandal

Warren Buffett
Bill Pugliano | Getty Images
Warren Buffett

Move over, Warren Buffett.

The Oracle of Omaha fell from third to fourth-richest person in the world as shares of Wells Fargo fall in the midst of its fake account scandal, Forbes reported. Amazon CEO Jeff Bezos is now the third-richest person in the world, Forbes says.

Buffett's Berkshire Hathaway owns a 9.51 percent stake as of June 30, according to FactSet.

Wells Fargo's stock fell 0.94 percent Wednesday and has dropped 6.51 percent since last Thursday.

Click here to read Forbes full story.