Bill Gates spends millions on a famous beer company

Bill Gates is making the headlines again for his ventures into the business world, this time with a beer company.

Although he is known for being the founder of Microsoft, the fourth richest man in the world according to Bloomberg has invested in 21 companies in addition to the software developer.

These include Berkshire Hathaway, Canadian National Railway and Waste Management. However, a new corporation will be added to these projects.

The American tycoon has acquired 3.76% of the share capital of the Dutch company Heineken for 849 million euros.

This percentage corresponds to a total of 10.83 million shares, which until now were held by the Mexican conglomerate Fomento Econmico Mexicano (Femsa).

The Bill & Melinda Gates Foundation has played a key role in the deal

Last week, Femsa put 6% of its shares in Heineken up for sale and Gates jumped at the chance to become a shareholder in one of the world’s largest and most profitable brewing businesses.

The purchase took place on the same day and the businessman now has another company in which he is involved.

The Mexican group plans to sell 14.8% of its stake within two to three years, which means that Gates will not lose sight of it in case he buys again in the future.

According to the Dutch Authority for the Financial Markets, the Bill & Melinda Gates Foundation was instrumental in closing the deal, taking 4.18 million. The other 6.65 million was paid by Gates himself.

Finally, Bloomberg again highlights the work of the foundation that the business genius shares with his ex-wife, pointing out that it has also had influence in two other Dutch companies.

Specifically, in the food shop Picnic BV and in the fertiliser producer OCI NV with a 1.34% stake.