Bill Gates buys Heineken stake, despite saying he’s ‘not a big beer drinker’.

AMSTERDAM (Feb 22): Bill Gates has bought 3.76% stake in Dutch drinks giant Heineken Holding NV, although the billionaire founder of Microsoft has previously said he was “not a big 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.

Gates purchased the shares from Mexico’s, 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 (US$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 said he was “not a big 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.”

By Toby Sterling. Reuters. 22 February 2023.
Source: The Edge Market. https://www.theedgemarkets.com/node/656382. 22 February 2023.

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