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Bill Gates Buys Millions in Heineken Stock, But He’s Not a Beer Fan | Entrepreneur

by Riah Marton
in Innovation
Bill Gates Buys Millions in Heineken Stock, But He’s Not a Beer Fan | Entrepreneur
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Bill Gates has brewskis on the brain.

The billionaire acquired close to a billion-dollar stake in Heineken Holding NV, giving him 3.7% of the Dutch company’s shares.

The filing by the Netherlands’ Financial Markets Authority (AFM) said the Microsoft founder bought 10.8 million shares on February 17, worth about $939.87 million. The transaction happened the same day that Heineken’s major Mexican shareholder, Femsa, sold billions of euros worth of shares.

According to Bloomberg, Femsa has indicated that it plans on selling all its shares in Heineken within two to three years.

Related: Bill Gates Shuts Down Conspiracy Theory About Owning Farmland. No ‘Grand Scheme Involved.’

Not a big beer guy

Despite the enormous investment in Heineken, Gates had admitted beer isn’t really his thing.

During an “Ask Me Anything” chat on Reddit a few years ago, he was asked what his favorite beer was.

“I am not a big beer drinker,” Gates wrote. “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.”

Heineken is not the only Dutch company in which Gates has invested money. According to Bloomberg, the wealthy businessman has also invested in online supermarket Picnic, and has an interest of approximately 1.3 percent in fertilizer producer OCI, which is listed on the Amsterdam stock exchange.





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Tags: BeerBillBill GatesBusiness NewsBuysCelebrity EntrepreneursEntrepreneurFanGatesHeinekenHesMicrosoftMillionsNews and TrendsStockStocks
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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