Bill Gates now owns 3-percent of the world’s second-largest Coke bottler and Mexico’s second-largest brewery. I say good for you, Mr. Gates. Cascade Investment LLC, the asset management firm that Gates owns, recently purchased almost 11 million shares of Monterrey, Mexico’s Femsa.
Femsa has a soft drink unit (Coca-Cola Femsa), a beer subsidiary, and a retail unit that runs Mexico’s popular Oxxo convenience stores.