John Mackie Net worth: John McKay is an American businessman and writer with a net worth of $ 85 million. He is best known for being the CEO of Whole Foods Market.
John McKay was born in August 1953 in Houston, Texas. He co-founded Whole Foods in 1980 and was named Entrepreneur of the Year by Ernst & Young in 2003. Mckenney is one of the most influential advocates of the organic food movement. He is also an outspoken member of the Libertarian Party. He was the author of the bestselling book Conscious Capitalism and is known to be a strong supporter of free market economics with strong anti-market views. Mackay co-founded his first health food store called Sa-Wave in 1978 and then merged with another grocery chain to form Whir Foods Market. John McKay’s books The Solution: How Entrepreneurs and Conscious Capitalists Can Solve All Words Problems and Conscious Leadership: Elevating Humanity Business.
Amazon sale: At the time Amazon acquired Whole Foods for a total of $ 13.4 billion in June 2017, John McKee held .05% of Whole Foods’ total shares, approximately 1 million total shares. Amazon paid $ 42 per share for the company, meaning McKay’s stake was $ 42 million pre-taxable. McKay earned just $ 1 in salary for several years and in 2007 stopped taking additional stock grants in his company.