Amazon's Jeff Bezos Is $2.8 Billion Richer After Whole Foods Buyout Deal

By Tomi Kilgore Markets MarketWatch Pulse

Jeff Bezos is having some "fun" on Friday. The $34.39, or 3.6% surge in Amazon.com Inc.'s stock, after the deal to buy Whole Foods Market Inc. , is boosting the the Amazon co-founder and CEO's coffers by about $2.75 billion. Bezos is Amazon's largest shareholder, with 79.90 million shares, or 16.7%, of the shares outstanding, according to FactSet. "Millions of people love Whole Foods Market because they offer the best natural and organic foods, and they make it fun to eat healthy," Bezos said in a statement. Amazon's stock has run up 33% year to date, while the S&P 500 has gained 8.5%.

Continue Reading Below

Copyright © 2017 MarketWatch, Inc.