• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
SuccessJohn Mackey

The millionaire cofounder of Whole Foods says big business is the victim of unfair attacks and judgment despite being ‘the real value creators’ in the world

Alicia Adamczyk
By
Alicia Adamczyk
Alicia Adamczyk
Senior Writer
Down Arrow Button Icon
Alicia Adamczyk
By
Alicia Adamczyk
Alicia Adamczyk
Senior Writer
Down Arrow Button Icon
March 15, 2023, 12:44 PM ET
"I always felt that business is misunderstood by society," John Mackey said during a presentation at the NEXT 2023 conference earlier this month.
"I always felt that business is misunderstood by society," John Mackey said during a presentation at the NEXT 2023 conference earlier this month.Andrew Harrer/Bloomberg—Getty Images

Former Whole Foods CEO John Mackey recently is “muzzled” no more. And he’d like a little more credit for his business acumen, if you don’t mind.

“I always felt that business is misunderstood by society,” Mackey said during a presentation at the NEXT 2023 conference earlier this month, as first reported by industry publication Baking Business. “It’s hated by the intellectuals, but we are the real value creators in the world. We are the ones that are creating the prosperity that lifts everyone up. We’re not understood but judged and attacked.”

The businessman also listed out a few heroes during the conversation, including other businessmen like himself: Elon Musk, Jeff Bezos, John D. Rockefeller, and Andrew Carnegie are “some of the greatest people who ever lived because of the great value they created,” he reportedly said.

The comments come as little surprise to those who have followed Mackey’s career. In 2013, he published a book called Conscious Capitalism: Liberating the Heroic Spirit of Business. In it, he and coauthor Rajendra S. Sisodia argue “for the inherent good of both business and capitalism.”

As of 2017 (Forbes‘s most recent data available), Mackey had a reported net worth of $75 million. He famously cut his own salary to $1 back in 2007. In the past, the libertarian has made waves for making provocative statements, such as that “socialists are taking over” and that “young people don’t want to work.” He came under fire for his views on the Affordable Care Act (ACA), which he called “fascist.”

“Socialists are taking over,” Mackey said on libertarian magazine Reason‘s podcast last year. “They’re marching through the institutions. They’re taking everything over. They’re taking over education. It looks like they’ve taken over a lot of corporations. It looks like they’ve taken over the military, and it’s just continuing.”

He at least partially retracted what he said about the ACA, and recently said he regretted an oft-invoked comment he made about unions in the 1980s: “The union is like having herpes,” he said. “It doesn’t kill you, but it’s unpleasant and inconvenient, and it stops a lot of people from becoming your lover.”

“We now live in a time where we’re judged by every little mistake we might have made in our lives,” he said on the podcast Freakonomics in 2020. “Hey, listen, I have made plenty of mistakes. That was a mistake. I regret that. I wish I could un-say that. I didn’t mean to harm anyone. I meant to amuse people. And now it’s a scar.”

At the NEXT conference, Mackey also discussed his career at Whole Foods, which he cofounded in 1980. He retired as CEO of the grocery chain in 2022. For his next act, Mackey plans to start a chain of health restaurants called Love.Life!.

Fortune's CFO Daily newsletter is the must-read analysis every finance professional needs to get ahead. Sign up today.

About the Author
Alicia Adamczyk
By Alicia AdamczykSenior Writer
LinkedIn iconTwitter icon

Alicia Adamczyk is a former New York City-based senior writer at Fortune, covering personal finance, investing, and retirement.

See full bioRight Arrow Button Icon

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

How the next CDC director could reshape America’s $5.3 trillion health care industry
HealthCDC
How the next CDC director could reshape America’s $5.3 trillion health care industry
By Cassie McGrath and Healthcare BrewMay 5, 2026
3 hours ago
rios
Success250 Years of Innovation
America 250 Chair: Americans are giving less. July 4th can be a day to change that
By Rosie RiosMay 5, 2026
3 hours ago
Dating has gotten so expensive that nearly half of U.S. singles say it’s no longer worth it, as the average night out approaches $200
Personal Financedating
Dating has gotten so expensive that nearly half of U.S. singles say it’s no longer worth it, as the average night out approaches $200
By Sydney LakeMay 5, 2026
5 hours ago
Japanese workers commuting to the office
Successcorporate culture
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
By Emma BurleighMay 5, 2026
5 hours ago
Young woman talking on her phone while walking
SuccessGen Z
Gen Z workers say showing up 10 minutes late to work is as good as on time—but baby boomer bosses have zero tolerance for tardiness, research reveals
By Orianna Rosa RoyleMay 5, 2026
8 hours ago
Actor Hugh Jackman
SuccessCareers
Hugh Jackman advises new grads that the most powerful career cues are ‘often disguised as failure’
By Emma BurleighMay 4, 2026
1 day ago

Most Popular

Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighMay 3, 2026
2 days ago
Current price of silver as of Monday, May 4, 2026
Personal Finance
Current price of silver as of Monday, May 4, 2026
By Joseph HostetlerMay 4, 2026
1 day ago
Clean energy's winning argument is the one it refuses to make
Commentary
Clean energy's winning argument is the one it refuses to make
By David CraneMay 5, 2026
10 hours ago
America got rich and got sad. A top economist says 2020 broke something that hasn't healed
Economy
America got rich and got sad. A top economist says 2020 broke something that hasn't healed
By Nick LichtenbergMay 3, 2026
2 days ago
Current price of gold as of May 4, 2026
Personal Finance
Current price of gold as of May 4, 2026
By Danny BakstMay 4, 2026
1 day ago
America is lucky it’s no longer a manufacturing powerhouse—it’s what’s protecting the U.S. economy from the worst of the oil shock, top economist says
Economy
America is lucky it’s no longer a manufacturing powerhouse—it’s what’s protecting the U.S. economy from the worst of the oil shock, top economist says
By Sasha RogelbergMay 4, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.