How much of Beyond Meat does Bill Gates own? (2024)

How much of Beyond Meat does Bill Gates own?

Bill Gates Beyond Meat Inc

Who is the largest investor in Beyond Meat?

Who is Beyond Meat owned by?

Beyond Meat, Inc. is a Los Angeles–based producer of plant-based meat substitutes founded in 2009 by Ethan Brown. The company's initial products were launched in the United States in 2012. The company went public in 2019, becoming the first plant-based meat analogue company to go public.

How much did Bill Gates invest in plant-based meat?

Total funding to date: $2 billion. Participation from Gates: Repeat investment totalling a reported $50 million+. Arguably Beyond Meat's biggest competitor, Impossible Foods produces meat alternatives designed to taste and cook more realistically.

Who is backing Beyond Meat?

Beyond Meat is a favorite of celebrity investors such as Leonardo DiCaprio, Jessica Chastain, Snoop Dogg, Liza Koshy, Chris Paul, Kyrie Irving, DeAndre Hopkins.

Is Beyond Meat in debt?

Beyond Meat finds itself in a delicate liquidity position, holding $774 million in total assets and $1.29 billion in total liabilities. The company's net debt is $1.02 billion, with approximately $190.5 million in cash reserves.

What is the net worth of Beyond Meat?

Beyond Meat has a market cap or net worth of $480.83 million as of February 28, 2024. Its market cap has decreased by -54.01% in one year.

Does Leonardo DiCaprio own Beyond Meat?

A longtime climate change advocate, DiCaprio has spent millions of dollars to invest in sustainable companies from plant-based meat to vegan sneakers. His portfolio includes vegan meat brand Beyond Meat, and other plant-based food companies, such as Califia Farms and Hippeas.

Who owns the most shares of Beyond Meat?

Parkwood LLC is Beyond Meat's largest institutional shareholder, owning 5.4 million shares worth around $57.3 million today. Vanguard finds itself second on this list, with just under 5.2 million shares of BYND stock worth $55.1 million.

Who is CEO of Beyond Meat?

Management. Ethan Brown is the founder of Beyond Meat and has served as our President and Chief Executive Officer and as a member of our board of directors since our inception in 2009.

Does Bill Gate own Beyond Meat?

Bill Gates Beyond Meat Inc

Bill Gates started to build up the position in Beyond Meat in Q3 2019. Since then they sold 96.5 Thousand shares. The investor sold all their shares in Q4 2019 and doesn't own any shares in Beyond Meat anymore.

Who is the CEO of plant-based meat?

Beyond Meat CEO Ethan Brown is confident the results of a business “reset” are “coming into view”. Beyond Meat posted another quarter of falling revenue and pointed to likely lower sales in 2024 as its US business continues to be hit by “weak” demand.

Why did Beyond Meat fail?

“Impossible [Foods] exacerbated Beyond's problems by entering the grocery channel at significantly lower price points. Beyond was forced to reduce price to match Impossible, but consumers seemed to prefer Impossible's taste and texture.”

Does Bill Gates have anything to do with Beyond Burger?

Gates said he has backed meat alternative brands Beyond Meat, Impossible Foods, and Upside Foods (formerly known as Memphis Meats).

Is Beyond Meat losing money?

"We were disappointed by our overall results," CEO Ethan Brown said in an early-November press release. Beyond Meat's slumping profit performance was another sore point for investors in 2023. The company is losing money even on a gross profit basis thanks to the combination of falling sales and declining prices.

Why is Beyond Meat not profitable?

Beyond Meat's negative margin indicates that it's selling products without covering the fundamental costs of production, a path that no business can sustain. In the quest for profitability, Beyond Meat cut its global nonproduction workforce by 19% recently.

How bad is Beyond Meat for the environment?

with an 80/20 ¼ lb. beef patty produced in the United States. The result? Producing a Beyond Burger uses significantly less water, land and (non-renewable) energy – and it generates 10x less Greenhouse Gas Emissions (GHGE) than a beef patty.

Is Beyond Meat in China?

Beyond Meat Inc. entered China in 2020 with a bang. Items from the plant-based meat company were featured in more than 3,300 Starbucks Corp. coffee shops.

Is Beyond Meat a unicorn?

Beyond Meat is the first publicly-traded vegan food unicorn – a moniker popular in Silicon Vallley for companies valued at over US$1 billion- which for a company that is just over 10 years old with a product that only a couple of years ago would have been discounted as only for vegans, is a fairly impressive feat.

Why is Beyond Meat so popular?

Beyond Meat is designed to have the same taste and texture as animal-based meat, so you can use it in your favorite dishes while feeling good about the choice you're making for you and the planet. Learn more about all the Beyond Meat products here.

Is impossible meat actually healthy?

The Impossible Burger can be a sustainable alternative to regular burgers and does contain higher amounts of several important nutrients, including vitamin B12, folate, and thiamine (3, 4 , 5 ). However, the Impossible Burger contains more sodium than regular ground beef and is lower in some vitamins and minerals.

Is KFC using Beyond Meat?

The plant-based Beyond Fried Chicken was developed by Beyond Meat exclusively for KFC. It's packed with delicious flavor and the juicy satisfaction that you'd expect from KFC's iconic fried chicken but in a plant-based option that's still finger lickin' good.

Did Tyson invest in Beyond Meat?

Tyson's existing approach

Management has not been blind to the introduction of plant-based alternatives, and Tyson also held a 6.5% stake in Beyond Meat Inc. (BYND) prior to its IPO in May 2019, which was liquidated during the process. Tyson also currently offers its own take on plant-based meat.

Does Tyson own Beyond Meat?

Tyson's role in the plant-based meat revolution

Tyson was an early investor in Beyond Meat and sold its shares (estimated to be worth $79 million) in 2019 on the eve of the vegan brand's IPO to focus on its own plant-based offerings.

Is it worth buying Beyond Meat stock?

Beyond Meat stock might look cheap, but investors are best off avoiding the stock in 2024.