Latest in Acquisitions

Image credit:

Bill Gates: philanthropist, nerd, beer baron

Evan Blass
December 21, 2007
Share
Tweet
Share

Sponsored Links



Being the shrewd businessman that he is, Bill Gates has just invested a significant amount of money in one of the few products consumed during both good times and bad: alcohol. Actually Femsa, the Mexican brewery in which Gates now owns a $392 million stake through his Cascade Investment LLC fund, does a lot more than just brew booze: according to Reuters, it's also the world's second-largest Coke bottler as well as operator of Oxxo, Latin America's largest convenience store chain. When asked how he felt about the Microsoft founder moving in on his home turf, fellow billionaire Carlos Slim reportedly shrugged off the threat, boasting, "Not only am I a wealthier man than Mr. Gates, but he couldn't even make it through half a Power Hour with his nueva cerveza."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
Tweet
Share

Popular on Engadget

The 2020 Engadget Holiday Gift Guide

The 2020 Engadget Holiday Gift Guide

View
Vava’s 4K ultra short-throw projector is $840 off at Amazon

Vava’s 4K ultra short-throw projector is $840 off at Amazon

View
Scientists find neutrinos from star fusion for the first time

Scientists find neutrinos from star fusion for the first time

View
Engadget readers get $200 off Roomba's i7+ vacuum at Wellbots

Engadget readers get $200 off Roomba's i7+ vacuum at Wellbots

View
Google shows off 'Cyberpunk 2077' running on Stadia at 4K

Google shows off 'Cyberpunk 2077' running on Stadia at 4K

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr