Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,638.04
    -1,647.04 (-3.28%)
     
  • CMC Crypto 200

    1,260.37
    -97.64 (-7.19%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker'

AMSTERDAM (Reuters) - 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 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.

ADVERTISEMENT

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."

The Bill & Melinda Gates Foundation, the charitable foundation launched by the billionaire and his former wife, wasn't immediately available for comment.

($1 = 0.9395 euros)

(Reporting by Toby Sterling; Editing by Jan Harvey)