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A monarch by definition is the sovereign:

A monarch is a sovereign head of state in a monarchy. A monarch may exercise the highest authority and power in the state […] an individual may become monarch by conquest, acclamation or a combination of means.

As (possibly) said by France's Louis XIV:

L’État, c’est moi.

or, in English:

I am the State.

Such monarchs are literally above the law:

Sovereign immunity, or crown immunity, is a legal doctrine by which the sovereign or state cannot commit a legal wrong…

In its older sense, sovereign immunity is the original forebear of state immunity based on the classical concept of sovereignty in the sense that a sovereign could not be subjected without his or her approval to the jurisdiction of another.

There are two forms of sovereign immunity:

  • immunity from suit (also known as immunity from jurisdiction or adjudication)
  • immunity from enforcement

There are numerous such monarchs throughout history. It's debatable that the UK's Queen Elizabeth II is legally still one even to this day.

In Shakespeare's Henry V, the King of France refers to King Henry V of England literally as "England" itself many times:

King of France

For England his approaches makes as fierce

and

King of France
From our brother England?

All Jeff Bezos would have to do is buy a lot of land, declare himself King/Caliph/Emperor/Khan/Shah/Pharaoh/… and then successfully defend his kingdom/caliphate/empire/… from anyone and everyone who disagreed.

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