Report post

Will Bill Gates bet $100 million on Bud Light maker AB InBev?

Bill Gates Bets Nearly $100 Million on Beleaguered Bud Light Maker Anheuser-Busch InBev. Here's Why It Could Pay Off. The Bill & Melinda Gates Foundation Trust bought over 1.7 million shares of Anheuser-Busch InBev in Q2. AB InBev has felt the brunt of a boycott of Bud Light this year. However, there are several reasons why the stock could rebound.

Did Bill Gates buy Anheuser-Busch?

Bill Gates purchased 1.7 million shares of Anheuser-Busch, valued at $95 million, in the second quarter. Just before Dylan Mulvaney’s disastrous Bud Light ad went live on April 1, the billionaire invested millions in Heineken. Modelo Especial, the nation’s new king of beers, continues to outsell Bud Light.

Did Bill Gates buy Bud beer?

Although the boycotts continue, it seems not everyone has lost hope in the beer's ability to rebound. Business magnate Bill Gates, through the Bill & Melinda Gates Foundation Trust, acquired 1,703,000 shares of BUD. The shares are currently valued at approximately $95 million.

The World's Leading Crypto Trading Platform

Get my welcome gifts