Amazon Thrives by Thumbing its Nose at Wall Street

For a few hours two weeks ago, Amazon’s founder and CEO Jeff Bezos became the world’s wealthiest man when his net worth (north of $90 billion) surpassed that of Microsoft’s founder Bill Gates. That’s about the annual gross domestic product of Ukraine and the Slovak Republic. That day, Amazon’s stock AMZN, -0.24% hit an all-time intraday high of 1083.81...
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