Microsoft founder, Bill Gates has acquired a minority stake of 3.8 per cent shares in the brewery group, Heineken.
The report by the Netherlands’ Financial Markets Authority (AFM) said the billionaire bought 10.8 million shares on February 17, worth about $939.87 million.
The deal happened the same day that Heineken’s major Mexican shareholder, Femsa, sold billions of euros worth of shares.
The billionaire bought the shares through the philanthropic organization, Bill & Melinda Gates Foundation.
The Bill & Melinda Gates Foundation is one of the largest philanthropic organizations in the world. The foundation was put together in 2000, has nearly 1,800 employees, and has spent nearly $80 billion on numerous projects and initiatives.
Despite the investment in Heineken, Gates had admitted that beer isn’t really his thing.
He wrote, “I am 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.”
According to Bloomberg, the wealthy businessman has also invested in the online supermarket Picnic and has an interest of approximately 1.3 percent in fertilizer producer OCI, which is listed on the Amsterdam stock exchange.