Amazon and its founder, Jeff Bezos, are having a moment.
In the last week, the company and Mr. Bezos have reached some impressive milestones. Amazon’s stock market capitalization vaulted above $500 billion on Wednesday. And for several hours the next day, the company’s soaring share price propelled Mr. Bezos into first place in the rankings of the world’s richest people.
Once merely an online bookseller, Amazon now appears to be laying claim to the entire retail universe — and beyond. It is a formidable force in such disparate fields as cloud computing, movies, music, food, artificial intelligence and the distribution of washing machines and toasters.
Mr. Bezos, who is also Amazon’s chief executive, has gone even further afield with ventures as varied as newspa
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