Bill Gates Acquires Stake In Heineken

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Bill Gates Acquires Stake In Heineken


Last Updated: February 23, 2023, 10:49 IST

Bill Gates has purchased 3.76% stake in Dutch drinks large Heineken Holding NV (HEIO.AS), though the billionaire founding father of Microsoft has beforehand stated he was “not a giant beer drinker.”

The filing by the Netherlands’ Financial Markets Authority (AFM) said the shares were purchased on Feb. 17. Heineken Holding owns a controlling stake in brewer Heineken NV (HEIN.AS).

Gates purchased the shares from Mexico’s FEMSA, which is selling out of the brewing company.

A separate filing also dated Feb. 17 showed FEMSA sold all 18 million shares it held in Heineken Holding. Gates purchased 10.8 million shares, worth 883 million euros ($939.87 million) at current market prices, triggering a disclosure requirement under Dutch stock market rules.

In a 2018 “Ask Me Anything” chat session on Reddit, Gates stated he was “not a giant beer drinker.”

“When I end up at something like a baseball game I drink light beer to get with the vibe of all the other beer drinkers. Sorry to disappoint real beer drinkers.”

The Bill & Melinda Gates Foundation, the charitable basis launched by the billionaire and his former spouse, wasn’t instantly accessible for remark.

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(This story has not been edited by News18 workers and is printed from a syndicated information company feed)



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