UK Times
By Press Room
September 5, 2023
Bill Gates has put his bets on Bud Light’s comeback after tech mogul bought 1.7million worth of shares from the disgraced brand’s parents company.
The Microsoft founder, 67, acquired the Bud Light shares via his Bill & Melinda Gates Foundation Trust during the second quarter of this year.
The shares hold a market value of approximately $95 million, reports TipRanks.
His investment comes as Anheuser-Busch Companies still reels the effects from their partnership with trans influencer Dylan Mulvaney on April 1. The videos and images posted by her caused nationwide boycotts of the beer.